July 22: Start of Sonic S1$SONIC Airdrop Distribution
What is happening: The application period for the first season of the S token airdrop from Sonic Labs is coming to an end (portal opened on July 15).
Distribution mechanism:
25% of tokens will be available immediately in liquid form
75% will be distributed over 270 days through tradable NFTs
Early access may be possible with a burning mechanism
What is important to know: Token S is trading at $0.4097, showing a growth of more than 5% in the last 24 hours. Participants are warned about possible fraudulent schemes amid the hype.
