PANews reported on November 23 that the Bitcoin financial public chain Side Protocol has launched an airdrop. Airdrop registration will be open at 18:00 (UTC+8) on November 26, with a total of 100 million SIDE tokens issued. The airdrop covers multiple categories, including users who spend more than 0.005 BTC on the Bitcoin network between January 1, 2023 and November 1, 2024; NFT communities include Pudgy Penguins, Milady, Mad Lads, Bitcoin Puppets, NodeMonkes, Ordinal Maxi Biz, Bitcoin Frogs, Pizza Ninja, Quantum Cats, Runestone, Bad Kids, Celestine Sloth; ATOM pledgers and public goods donors; testnet points users. The airdrop tokens will be released one after another after the mainnet is launched.
Earlier news , Bitcoin financial public chain Side Protocol announced the $SIDE token economic model. The total supply of $SIDE tokens is 1 billion, and its functions include protocol revenue value accumulation, payment of transaction fees, network security pledge and on-chain decentralized governance. Token distribution includes: 20% ecological reserve, 18% team, 17% community treasury, 15% public offering, 13% private placement, 7% liquidity, and 10% airdropped to eligible active Bitcoin users, NFT communities, Cosmos communities and testnet participants. $SIDE will first be issued in the SPL standard on Solana, and the mainnet is expected to be launched in January 2025, when it can be converted into mainnet tokens and participate in pledge and governance. .
