Welcome to our Frequently Asked Questions (FAQ) about Sideswap, your comprehensive source for everything you need to know about this cutting-edge ZK-Rollup AMM DEX based on the Opside platform. This series of questions and answers is designed to help you understand what SideSwap is, how it operates, and its future plans. In this comprehensive FAQ, we have addressed everything from the basic operations to technical aspects, activities, and future plans of Sideswap. Whether you're a seasoned DeFi trader or a newcomer to the world of digital currencies, we believe this FAQ will serve as a valuable resource in understanding and utilizing Sideswap to its full potential. Let's delve into the details!

Sideswap is a ZK-Rollup AMM DEX based on Opside, providing liquidity, peer-to-peer token exchanges, and market-making for Opside users. As an open, permissionless application, Sideswap eliminates the need for trusted intermediaries and unnecessary forms of rent extraction, thereby facilitating secure, accessible, and efficient trading and earning processes through liquidity pools.

Sideswap, as a ZK-Rollup based AMM DEX, is a collection of smart contracts that define standard ways to create liquidity pools, provide liquidity, and exchange assets. Each liquidity pool contains two assets, with the pool tracking the total liquidity reserves and the predefined pricing strategy set by the liquidity provider. Each time a transaction occurs, the reserves and price are automatically updated, with no central order book, third-party custody, or private order matching engine. Since reserves are automatically rebalanced after each transaction, Sideswap pools are always available for token buying and selling, distinguishing it from centralized exchanges as traders can complete transactions without needing to match individual trading counterparts.

• Sideswap website: https://www.sideswap.finance/#/swap

• Sideswap Twitter: https://twitter.com/SideswapZK

• Sideswap Discord: discord.gg/7Ng5RqqXQW

Users can click on the "Faucet" in the navigation bar on the Sideswap official page and subsequently receive it in the Opside Discord "for-general-users" channel. Every 24 hours, you can receive 50 IDE, 50 USDT, and 50 USDC.

Sideswap Galxe address: https://galxe.com/Opside/campaign/GCeDcUSZZ5

Sideswap tutorial address: https://tutorial-for-the-tasks-on-galxe.gitbook.io/tutorial-for-the-tasks-on-galxe/tutorial-for-the-tasks-on-galxe/sideswap-splash

Sideswap interaction tasks need to be manually reviewed, which takes about 1-2 working days. You can keep an eye on the Galxe event page, and after the review, we will notify the community as soon as possible.

Sideswap has not yet undergone financing, but small-scale financing may occur in the future.

Sideswap itself is just a DEX and does not handle cross-chain. Cross-chain fees are set by the Opside official and vary according to real-time trading conditions.

There will be financing and subsequent airdrop plans in the future. For details, please pay attention to the Sideswap official account.

Sideswap will focus on platform scale, product performance, and asset liquidity in the future. Making user-friendly financial products has always been SideSwap's goal. In the future, Sideswap will cooperate with more large-scale encrypted financial platforms to develop safer and more convenient smart protocols, providing users with a comprehensive suite of institutional-level DeFi platform products.

Welcome to our Frequently Asked Questions (FAQ) about Sideswap, your comprehensive source for everything you need to know about this cutting-edge ZK-Rollup AMM DEX based on the Opside platform. This series of questions and answers is designed to help you understand what SideSwap is, how it operates, and its future plans. In this comprehensive FAQ, we have addressed everything from the basic operations to technical aspects, activities, and future plans of Sideswap. Whether you're a seasoned DeFi trader or a newcomer to the world of digital currencies, we believe this FAQ will serve as a valuable resource in understanding and utilizing Sideswap to its full potential. Let's delve into the details!

Sideswap is a ZK-Rollup AMM DEX based on Opside, providing liquidity, peer-to-peer token exchanges, and market-making for Opside users. As an open, permissionless application, Sideswap eliminates the need for trusted intermediaries and unnecessary forms of rent extraction, thereby facilitating secure, accessible, and efficient trading and earning processes through liquidity pools.

Sideswap, as a ZK-Rollup based AMM DEX, is a collection of smart contracts that define standard ways to create liquidity pools, provide liquidity, and exchange assets. Each liquidity pool contains two assets, with the pool tracking the total liquidity reserves and the predefined pricing strategy set by the liquidity provider. Each time a transaction occurs, the reserves and price are automatically updated, with no central order book, third-party custody, or private order matching engine. Since reserves are automatically rebalanced after each transaction, Sideswap pools are always available for token buying and selling, distinguishing it from centralized exchanges as traders can complete transactions without needing to match individual trading counterparts.

• Sideswap website: https://www.sideswap.finance/#/swap

• Sideswap Twitter: https://twitter.com/SideswapZK

• Sideswap Discord: discord.gg/7Ng5RqqXQW

Users can click on the "Faucet" in the navigation bar on the Sideswap official page and subsequently receive it in the Opside Discord "for-general-users" channel. Every 24 hours, you can receive 50 IDE, 50 USDT, and 50 USDC.

Sideswap Galxe address: https://galxe.com/Opside/campaign/GCeDcUSZZ5

Sideswap tutorial address: https://tutorial-for-the-tasks-on-galxe.gitbook.io/tutorial-for-the-tasks-on-galxe/tutorial-for-the-tasks-on-galxe/sideswap-splash

Sideswap interaction tasks need to be manually reviewed, which takes about 1-2 working days. You can keep an eye on the Galxe event page, and after the review, we will notify the community as soon as possible.

Sideswap has not yet undergone financing, but small-scale financing may occur in the future.

Sideswap itself is just a DEX and does not handle cross-chain. Cross-chain fees are set by the Opside official and vary according to real-time trading conditions.

There will be financing and subsequent airdrop plans in the future. For details, please pay attention to the Sideswap official account.

Sideswap will focus on platform scale, product performance, and asset liquidity in the future. Making user-friendly financial products has always been SideSwap's goal. In the future, Sideswap will cooperate with more large-scale encrypted financial platforms to develop safer and more convenient smart protocols, providing users with a comprehensive suite of institutional-level DeFi platform products.