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Side Protocol Announces SIDE Token Economics, 10% of Tokens to be Used for Airdrops
2024-11-21 05:54:02
Odaily News Side Protocol, a Bitcoin financial public chain jointly created by the crypto gangster Chainspace team and early members of Binance Labs, announced the SIDE token economics. The total supply of SIDE tokens is 1 billion, of which 20% will be allocated to ecological reserves, 18% to the team, 17% to the community treasury, 15% for public offerings, 13% to investors (the last round of valuation was $100 million), and 7% to liquidity. In addition, after its mainnet is launched, 10% of the total airdrop will be issued. Eligible users include active Bitcoin users, NFT communities (including Bitcoin NFT holders), Cosmos communities and testnet users, etc. The snapshot content will be announced this week.