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.