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Side Protocol announces Tokenomics: The total supply of SIDE Token is 1 billion, with 10% allocated for Airdrop
DeepTechFlow news, on November 21st, according to official sources, BTC ecological expansion protocol Side Protocol announced Tokenomics. The total supply of SIDE Tokens is 1 billion, with an initial circulation of 229 million. The token distribution plan is as follows:
Ecological Reserve: 20%;
Team share: 18%;
Community Treasury: 17%;
public sale reserve: 15%;
Investor's share: 13% (latest valuation of $100 million).
Liquidity reserves: 7%;
Genesis Airdrop: 10%;
SIDE Token will first be issued on Solana on-chain as SPL Token, expected to support the exchange for Mainnet native Token and start stake in January 2025. The Airdrop plan is targeting active BTC users, Non-fungible Token holders, and Cosmos ecosystem users, and specific Snapshot details will be announced within this week.