Side Protocol, a leading public chain in the Bitcoin ecosystem, announces the official launch of the largest airdrop event within the Bitcoin ecosystem - the genesis airdrop. A total of 100 million $SIDE tokens will be distributed in this airdrop, which will be carried out in batches according to a 3-month linear release plan after the mainnet goes live (scheduled for January, February, and March 2025). The event covers multiple ecosystems such as Bitcoin, Cosmos, NFT, etc., aimed at giving back to users and communities that support the project while further expanding the ecological influence of Side Protocol.

Airdrop registration information

  • Registration entrance: genesis.side.one

  • Start time: November 26, 2024, at 6 PM

  • End time: December 15, 2024, at 6 PM

Registration conditions are as follows:

  1. Provide a Bitcoin mainnet address (supporting Taproot or Native SegWit formats).

  2. Registration will be conducted on a 'first come, first served' basis, with a limit on the number of slots for each airdrop category. Unclaimed tokens will be reserved for future airdrop plans.

Communities and rules covered by the genesis airdrop

1. Active Bitcoin Users (30% total allocation, 300,000,000 $SIDE)

  • Target users: Users who have on-chain expenditures exceeding 0.05 BTC between January 1, 2023, and November 1, 2024.

  • Slot limit: 50,000 active users, distributed from the 764,909 eligible addresses filtered from the Bitcoin network.

2. NFT Community (10.5% total allocation, 10,500,000 $SIDE)

  • Pudgy Penguins

  • Milady

  • Mad Lads

  • Bitcoin Puppets

  • NodeMonkes

  • Ordinal Maxi Biz

  • Bitcoin Frog

  • Pizza Ninja

  • Quantum Cats

  • Runestone

  • Bad Kids

  • Celestine Sloth

3. ATOM Stakers (15% total allocation, 15,000,000 $SIDE)

  • ATOM stakers (including Hydro users) with stakes greater than 15 are eligible.

4. Validators and Side Bridge node operators (6,000,000 $SIDE + 500,000 $SIDE)

  • Allocated to Side Chain validators and Side Bridge node operators who have actively participated in the testnet in the past 6 months.

  • Validator reward allocation details will be released in December 2024 on Discord, no additional registration required.

5. Public Goods Funding (1% total allocation, 1,000,000 $SIDE)

  • Donors supporting the team through the AEZ public goods secondary funding round on the DoraHacks platform;

  • Voters participating in the AEZ MACI voting round on the DoraHacks platform;

  • Users staking $DORA on the Dora Vota of the Dora Factory mainnet

6. Testnet Insiders (32,000,000 $SIDE)

  • Thank you for participating in the Side Protocol S2 testnet, Insiders users. This airdrop is based on the testnet points system, dividing 735,532 addresses into 11 reward levels, with higher levels receiving more tokens.

  • This part of the airdrop is not subject to 'first come, first served' rules; users can register at any time based on their needs.

7. Social Activities and Whitelist (5,000,000 $SIDE)

  • Allocated to participants of social activities and whitelist users collaborating with other platforms, specific details will be announced soon.

It should be noted that this genesis airdrop follows the 'first come, first served' principle, and there is a registration limit for each category.

  • Early registration will increase the number of tokens that can be claimed and reward core community members who actively follow project updates.

  • Unclaimed tokens will be reissued to users who have already claimed in order to increase their rewards.

It is reported that Side Protocol is a high-performance L1 public chain jointly developed by the former core team of Chainspace and early members of Binance Labs, fully compatible with the Bitcoin ecosystem and supporting various innovative functions such as native Bitcoin lending.

#BTC