SideSwap is a decentralized trading platform that provides efficient on-chain liquidity for Web3 assets, making it easy for anyone to access Web3 assets.
As an open and permissionless application, SideSwap eliminates trusted intermediaries and fees, allowing users to securely and efficiently trade without the need for third-party trust.
SideSwap also offers a reward mechanism that allows users to provide liquidity and earn trading fee rewards. The goal of SideSwap is to provide a safer, faster, and more convenient experience for digital asset trading, while also offering users more trading pairs and liquidity.
TOKENOMICS
Total Supply: 1 billion $SIDE
Valuation: $300K
Campaign Date: 00:00:00 (UTC) December 27, 2023 - 23:59:59 (UTC) January 20, 2024
Total period: 600 hours
Token Distribution
Community - 20% SIDE
1% Participants in Zealy activities July 17, 2023 - January 20, 2024
2% Lumoz loyal points holders Allocation based on Lumoz points data from the ZKF community airdrop event.
7% $ZKF holders Allocation based on ZKF airdrop data.
10% Sideswap protocol contributors
Sideswap liquidity providers - 40% SIDE
Liquidity Campaign Start Date: - 00:00:00 (UTC) December 27, 2023
Liquidity Campaign End Date: - 23:59:59 (UTC) January 20, 2024
Supported LP token pair
ZKF/USDC
WBTC/USDC
WBTC/USDT
ETH/USDC
ETH/USDT
USDC/USDT
WBTC/ETH
Distribute 40% of SIDE over 600 hours, allocating 666,666.6666 SIDE per hour.
Conduct hourly random snapshots of the value of all Sideswap LP tokens and the value of all LP tokens held by users, distributing rewards once per hour.
Estimated SIDE = your LP tokens value / total LP tokens value * SIDE distributed
In addition to receiving a 40% SIDE airdrop, LP providers are also eligible for trade fees.
Trading Campaign Start Date: 00:00:00 (UTC) January 10, 2024
Trading Campaign End Date: - Once the trade fees hit $120,000
Total Airdropped SIDE tokens: 400 million.
Total Trade fees: $120,000.
Tokens are distributed based on trade fee contributions of all users in this campaign.