Full Q&A Session – Sidra (May 12, 2025)

atos007
Sept. 29, 2025
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    Sept. 29, 2025, 5:27 p.m.
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    Full Q&A Session – Sidra (May 12, 2025)

    This document summarizes the official SidraChain community Q&A session held on May 12, 2025 via the @sidrachain Twitter/X account. The purpose of publishing this record is to make the information easily accessible to the community without having to dig through scattered conversations.

    1. SDA & Price

    • Q: Is SDA a stablecoin?
      A: No, it is not a stablecoin.

    • Q: When will SDA have a price? Will it be near zero?
      A: The price is determined by the market and not controlled by the team. Other tokens in the ecosystem may be listed earlier.

    • Q: When will SDA be listed on exchanges?
      A: Applications have been submitted to several exchanges; responses are pending.

    • Q: Is it true that SDA is valued at 525 USD?
      A: Not accurate — this was never stated by the team.

    2. Regulation & USDT

    • Q: Will USDT be added to swaps?
      A: Not yet approved by QCB/QFCRA regulators. We are waiting for their decision.

    3. Mining & Supply

    • Q: What is the total supply of SDA?
      A: The supply is unlimited (similar to Ethereum), increasing daily through mining. To manage inflation, 2.5% of the total supply is burned each year.

    • Q: Will mining rewards increase?
      A: Yes, the team is reviewing this and may announce changes later this year.

    4. KYC & KYB

    • Q: Why isn’t KYC available through the app? (e.g., in large countries like Brazil).
      A: Currently, only in-person verification at physical branches is possible. Remote verification solutions are being explored.

    • Q: Isn’t the KYC fee too high (100–130 SDA)?
      A: Each club sets its own fee to cover operational costs. Competition among clubs will help lower fees.

    • Q: Is free KYC still available?
      A: Yes, but the process is slower due to more than 3 million fake accounts detected.

    • Q: Can KYB be accessed without KYC?
      A: No, KYB is available only after KYC verification.

    • Q: Who verifies KYC in each country?
      A: Local clubs registered on SidraClubs.com.

    5. Nodes & Infrastructure

    • Q: Will there be node compensation?
      A: Yes, but only at a later stage.

    • Q: Will nodes be available for Windows/Mac?
      A: Yes, release is targeted by the end of the year.

    6. Applications

    • Q: Is there an iOS app?
      A: The app was submitted but repeatedly rejected by Apple due to coin distribution rules. The team is still working on this.

    7. Investment & Funding

    • Q: Is financial investment currently open?
      A: No, the team has never opened public financial investment so far.

    Notes

    • The May 12, 2025 session covered 20+ topics, including price, regulation, mining, KYC/KYB, nodes, apps, and funding.
    • All responses above are official statements from @sidrachain on Twitter/X.

    This summary is intended to help the Sidra community better understand the project’s direction and policies.