On August 24, the Bitcoin privacy solution Shinobi Protocol announced the Token distribution plan, and the total amount of SNB issued is 1 million. The specific distribution plan is: liquidity pledge rewards account for 60%, ID0 accounts for 8%, team allocation accounts for 15%, and marketing budget accounts for 5%. The airdrop and the future online trading platform account for 3%, and the airdrop will be distributed to beta testers and future IE0 and other related contributors. Seed investor allocation accounted for 9%.
Previously, on January 24th, the Bitcoin privacy solution Shinobi Protocol opened beta. Shinobi Protocol implements a bridge between Secret Network and the Bitcoin testnet without escrow of users' funds, and provides a solution that wraps Bitcoin and applies it to the Defi field without requiring a specific centralized administrator.
