Bitcoin financial public chain Side Protocol will open airdrop registration on November 26

PANews, November 23 news, the Bitcoin financial public chain Side Protocol has launched an airdrop, the airdrop registration will be open on November 26, 18:00 (UTC+8), with a total of 100 million SIDE tokens to be distributed. This airdrop covers multiple categories, including users who spent more than 0.005 BTC on the Bitcoin network between January 1, 2023 and November 1, 2024; the Non-Fungible Token (NFT) community including Pudgy Penguins, Milady, Mad Lads, Bitcoin Puppets, NodeMonkes, Ordinal Maxi Biz, Bitcoin Frogs, Pizza Ninja, Quantum Cats, Runestone, Bad Kids, Celestine Sloth; ATOM stakers and public goods donors; and testnet credit users. The airdrop tokens will be gradually released after the mainnet launch. According to previous news, the Bitcoin financial public chain Side Protocol has announced the $SIDE token economic model. The total supply of $SIDE tokens is 1 billion, with functions covering protocol revenue value accumulation, payment of transaction fees, network security staking, and on-chain decentralized governance. The token allocation includes: 20% for the ecosystem reserve, 18% for the team, 17% for the community treasury, 15% for the public offering, 13% for the private placement, 7% for liquidity, and 10% for airdrop to eligible Bitcoin active users, Non-Fungible Token (NFT) communities, Cosmos communities, and testnet participants. $SIDE will first be issued on Solana as an SPL standard, and the mainnet is expected to launch in January 2025, at which time it can be converted to the mainnet token and participate in staking and governance.