The post Spacecoin Announces SPACE Airdrop Plan After Token Goes Live on Major Exchanges appeared first on Coinpedia Fintech News
Spacecoin, a satellite-based decentralized internet network, has officially launched its SPACE token. Along with going live on major centralized exchanges, the project has officially revealed details of its SPACE token airdrop and staking rewards for users.
Here are the key details of the SPACE token airdrop.
SPACE Airdrop Plan as Token Goes Live On Exchanges
In a recent tweet, Spacecoin confirmed the launch of its SPACE token, which is now live for trading on major exchanges such as Binance, Kraken, OKX, and BitMart.
Alongside the token launch, Spacecoin also announced a SPACE airdrop to reward early users while keeping the token supply stable. The team has set aside 11% of the total supply, divided into two clear seasons.
- Season 1 Airdrop Structure for Early Users
Season 1 is focused on early supporters, including Spacecoin Cadets and Creditcoin holders. In this phase, 25% of tokens are unlocked at launch, while the remaining tokens are released monthly over the next three months.
In total, 1.05 billion SPACE tokens are distributed, with about 262.5 million tokens released each month.
- Season 2 Airdrop Unlock Schedule Explained
Season 2 begins one month after the TGE and follows a similar but slightly faster release pattern. A total of 1.26 billion SPACE tokens are allocated, with 33.3% unlocked each month for three months. This steady release helps reduce selling pressure while allowing more users to benefit from the airdrop.
Staking Rewards and Strategic Partnerships
To further attract long-term holders, Spacecoin has also introduced a limited-time staking program offering 10% APR, giving users an incentive to stay engaged beyond the initial launch phase.
Recently, Spacecoin announced a strategic partnership with World Liberty Financial, including a USD1-exclusive offering on selected platforms. This collaboration adds to Spacecoin’s broader expansion strategy.
Spacecoin Token Skyrocketed After Listing
Following the announcement of major exchange listings and the airdrop plan, the SPACE token surged by around 15%. It is now trading near $0.021, with a market cap of about $47 million.
Meanwhile, Spacecoin trading activity also jumped sharply, with volume rising over 2,700% to nearly $256 million.
At launch, 2.15 billion SPACE tokens entered circulation, equal to 10.25% of the fixed 21 billion total supply.
Source: https://coinpedia.org/news/spacecoin-announces-space-airdrop-plan-after-token-goes-live-on-major-exchanges/
