The Sidekick Foundation was established and 20% of the tokens will be used for long-term community incentives."
On August 6, LiveFi project Sidekick announced the establishment of Sidekick Foundation and launched the native token $K.$ K tokens will be used for real-time rewards, subscription rewards, content unlocking, and decentralized governance. The total supply of tokens is 1 billion, with an initial circulation of 11.13%. The tokens of investors and core contributors will be locked up for 12 months, followed by a linear release over 24 months. The token allocation plan is as follows: Ecological growth (20%) Long-term community incentives (20%) Liquidity incentives (4%) Foundations (16%) Advisers (5%) Core contributors (15%) Investors (20%) It is reported that Binance Alpha will launch Sidekick ($K) on August 8. Sidekick is the MVB accelerator project for the seventh season of BNB Chain and received investment from Binance Labs.
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