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  • Tokenomics
    • 100% SIDE Fair Launch
  • Liquidity rewards
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  • Details of $SIDE 100% Fair Launch
  • Token Distribution
  • Community - 20% SIDE
  • Sideswap liquidity providers - 40% SIDE
  • Sideswap traders - 40% SIDE
  1. Tokenomics

100% SIDE Fair Launch

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Last updated 1 year ago

Details of $SIDE 100% Fair Launch

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 stakers

    • January 14, 2024 - January 20, 2024

  • 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

Example:

Period

Snapshot of total LP tokens value

Snapshot of Bob's LP tokens value

Estimated SIDE

Total estimated SIDE for Bob

Random time of first hour

$ 100000

$ 1000

6666.6666 (1000/100000*666666.6666)

6666.6666

Random time of second hour

$ 180000

$ 100

370.3703 (100/180000*666666.6666)

667037.0369 (6666.6666+370.3703)

Random time of third hour

$ 120000

$ 2000

11111.1111 (2000/120000*666666.6666)

678148.148 (11111.1111+6666.6666+370.3703)

What's More?

In addition to receiving a 40% SIDE airdrop, LP providers are also eligible for trade fees.

Sideswap traders - 40% SIDE

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.

Once the trade fees hit $120,000, the promotion will conclude, and any subsequent fees will not be considered.

A snapshot of will be taken everyday

Airdrop will be distributed everyday based on the percentage of.

ZKF stake points
ZKF stake points