# 100% SIDE Fair Launch

## 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

<figure><img src="https://t5n2wbylx8n.sg.larksuite.com/space/api/box/stream/download/asynccode/?code=MDU3Y2NlM2UyMTVjZjdhMzMxMDI0ZTU1ZGFkNjQzZDBfd3BjODhaMzkwdm5jMDVGcVFWcWxMZjNrU3lnWkdhSFpfVG9rZW46WjhXOWIwWXk1b2djT1B4akxPMWwwR3dzZ0NnXzE3MDM5MTI5ODg6MTcwMzkxNjU4OF9WNA" alt=""><figcaption></figcaption></figure>

### 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
  * A snapshot of [ZKF stake points](https://docs.zkfair.io/economic-model/stake-zkf#stake-points) will be taken everyday
  * Airdrop will be distributed everyday based on the percentage of[ ZKF stake points](https://docs.zkfair.io/economic-model/stake-zkf#stake-points).
* 10% Sideswap protocol contributors

### Sideswap liquidity providers - 40% SIDE

<mark style="color:orange;">**Liquidity Campaign Start Date:**</mark> - 00:00:00 (UTC) December 27, 2023

<mark style="color:orange;">**Liquidity Campaign End Date:**</mark> - 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

<mark style="color:orange;">**Trading Campaign Start Date:**</mark> 00:00:00 (UTC) January 10, 2024

<mark style="color:orange;">**Trading Campaign End Date:**</mark> - 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.

{% hint style="warning" %} <mark style="color:orange;">**Once the trade fees hit $120,000, the promotion will conclude, and any subsequent fees will not be considered.**</mark>
{% endhint %}

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