Smart Layer is about to be airdropped, and applications for 2 million SLN tokens will begin tomorrow

OKX announced that it will launch Smart Layer Network (SLN) in the spot trading market on February 21. SLN deposits will open on February 21, 2024 at 4:00 AM UTC, while spot trading of SLN/USDT will begin on February 23, 2024 at 8:00 AM UTC. This move will provide users with more investment options and also bring more trading activities to the platform.

Smart Layer officially announced that it will issue 2% of the total tokens as airdrop rewards, and plans to open SLN airdrop applications at 15:30 on February 23, Beijing time. Investors must verify the security of the link when receiving airdrops and ensure the security of funds before connecting to the wallet. Odaily Planet Daily reminds investors to remain vigilant when receiving airdrops to ensure the safety of their assets.

Smart Layer is a programmable service network based on blockchain, which converts goods, services and digital rights into programmable tokens to achieve integration with various systems and agents in a decentralized and scalable manner. The complex interactions of coins, including but not limited to seamless integration across digital environments, frictionless markets and user authorization, are designed to solve integration, privacy and trust challenges.

The new asset paradigm Executable Token/NFT brought by Smart Layer will change the application scenarios of cryptocurrency, provide new channels for developers, and bring new experiences to users. Through this asset, developers can create a richer ecosystem to attract users, and users can fully enjoy convenience and rich functions, and benefit from the mutual prosperity of the ecosystem.

According to RootData statistics, Smart Layer has previously conducted two rounds of financing, with a cumulative financing amount of US$12 million, respectively:

• On July 29, 2021, It raised US$6 million from investors including Mark Cuban, Crypto.com, Framework Ventures and Mechanism Capital.

• On September 27, 2022, it raised US$6 million. This financing was led by Liang Xinjun, co-founder of Fosun International. Other investors include HashGlobal, Bodl, Fenbushi Capital, SNZ Capital, UOB Ventures, Signum Capital and MH Ventures as well as individual investor Mr. Zhang Fan, co-founder of Sequoia China.

In January this year, the Smart Layer Network (SLN) test network started running. The testnet currently supports over 2.5 million executable NFTs, which are held by 946,000 unique wallet addresses. Officials claim that the synergy between Smart Tokens (executable tokens and NFTs) and SLN has created a new paradigm for the value creation of digital assets.

According to the official document released by Smart Layer, its native token is SLN, and the total supply of tokens is 100 million. The specific distribution ratio is as follows:

• Seed investors : Accounting for 6.8125% of the total tokens, locked for 6 months, and linearly unlocked for 18 months;

• Other investors: accounting for 19.6364% of the total tokens, 6 Monthly lock-up, followed by 12 months of linear unlocking;

• team and equity investors: accounting for 22.96% of the total tokens, 6-month lock-up, followed by 36 months of linear unlocking ;

• Node rewards: 20% of the total tokens, will be released starting from February 1, 2025;

• Ecosystem Fund : Accounting for 18.4% of the total tokens, 20% will be unlocked on TGE, and will be unlocked linearly in the next 48 months;

• Financial reserves: Accounting for 4% of the total tokens, will be 100% unlocked on TGE;

• Community incentive pool: accounting for 4% of the total tokens, 100% will be unlocked on TGE;

• Marketing and collaborators: 2.1911% of the total token supply, 100% will be unlocked on TGE;

• Airdrop: 2% of the total token supply, will be unlocked on TGE 100% unlocked.

If users missed this round of Smart Layer airdrops, they can also pay attention to the "Lauchpad section" on the official website. The official tweet this morning emphasized the importance of the "Lauchpad section". Perhaps you can also get good profits by participating in new projects in the Lauchpad section.

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