Happy new year DeFi Degens!! This new year started with zkFair Airdrop and many of us made 30x profit by participating into the gas fee airdrop.

On the other hand, many hunter got free tokens by being active & spending gas fee in the zk based L2 chains such as polygon zkEVM, zkSync, Scroll, ZKSpace and linea. Sideswap is following the same path of zkFair by doing a 100% Token Fair Launch to distribute 1 Billion of $SIDE token airdrops.

🧙‍♂️ Following segments will be covered:

→ zkFair Airdrop Details
→ What is Sideswap Finance?
→ 1 Billion $SIDE Token Airdrop
→ Step By Step Tutorial For $SIDE Airdrop
→ Conclusion

🧙‍♂️ zkFair Airdrop Details

zkFair - the first community owned ZK-L2 chain based on Polygon CDK, Celestia DA and Lumoz RaaS! It already airdropped 100% $ZKF Token to the community via Fair launch. If you're not aware of it, then must read our twitter thread about zkFair Airdrop!

Important Info: $ZKF claiming is available till 11 January, 2024, 03:00 AM UTC. Make sure to claim your $ZKF rewards before deadline from here: https://zkfair.io/airdrop

Gas fee airdrop was FCFS , however team changed it into overflow method later. So you can now claim gas fee ($USDC) refund amount just by scrolling down from each phase!

1Stone3Birds Strategy:

Don't have any $USDC for gas fee, you may use Owlto finance or Orbiter finance where you will get points for future airdrop. Orbiter is having extra quest events and owlto is having daily check-in points on zkSync.

So follow the following strategy:

• First use Owlto finance to bridge funds into zkFair mainnet

• Do the daily check-in to get points on owlto finance on zkSync which will cost only $0.10 gas fee. It will boost your zkSync mainnet activity

• Use orbiter whenever you wanna bridge back funds from zkFair to another chain

Now let's get back to the main topic which is Sideswap Finance Airdrop!!

🧙‍♂️ What is Sideswap Finance?

SideSwap is a decentralized trading platform that provides efficient on-chain liquidity for Web3 assets, making it easy for anyone to access Web3 assets.

TL;DR

Sideswap finance was started to be the leading dex on Lumoz (Previously Opside), however Lumoz mainnet is scheduled to be done in Q2 2024. In the meantime, zkFair which is using Lumoz as RaaS , already launched on mainnet. So team launched sideswap finance on zkFair with the same aim to be the leading Dex on zkFair mainnet. So it's not a new project.

Now talking about security, Sideswap finance is a fork of Uniswap v2 with same fee mechanism ( 0.5% fee ~ 0.25% goes to LP & 0.25% goes to team) according to discord server. There will be new version with lower fee in future. Can't find any audit report via discord or docs so far, however expect it soon.

🧙‍♂️ 1 Billion $SIDE Token Airdrop

Sideswap Finance team will distribute total supply of 1 Billion $SIDE Token to the community via fair launch just like zkFair Airdrop. Before jumping into the details of airdrop, lets look into the tokenomics of $SIDE Token.

• Total Supply: 1,000,000,000 $SIDE Token

• Token Price: $0.0003 per $SIDE Token

• Token Valuation: $300,000 or $300k

Based on the gas fee airdrop of $ZKF Token from zkFair, it was around $0.0004 and now it's trading at $0.012 which is almost 30x from the initial price.

We could expect the same ROI if $SIDE token gets listed in various CEX like zkFair. Also sideswap is having almost 19M TVL according to DefiLlama. Now let's get back to the airdrop allocation details!

$SIDE Token airdrop allocation is divided into 3 main parts as follow:

• Community Allocation: 10M $SIDE allocated for zealy participants, 20M $SIDE for Lumoz Loyal Points hodlers ( Same data from zkFair Airdrop event), 70M $SIDE for $ZKF Airdrop participants ( Same Data from $ZKF Airdrop, new buy won't count) and 100M $SIDE for Sideswap Protocol Contributors

• LPs Allocation: 40% / 400M $SIDE Token for the early LPs who will provide liquidity in the supported pairs ( TVL snapshots are taken on hourly basis and 666,666.666 $SIDE tokens are distributed proportionally ). This campaign started back in 27 December, 2023 and will end in January 20, 2024. LP providers will also earn 0.25% trading fees while farming $SIDE token airdrop.

• Traders Allocation: 40% / 400M $SIDE Token for the traders who will spent $USDC on gas fee, same as zkFair Gas Fee Airdrop event. This event will start at 00:00 UTC in January 10, 2024 and will end once trading fee reaches $120,000

Right now, we can only participate into zealy & early LP event because lumoz loyal points & $ZKF hodlers rewards are visible in the Airdrop page.

SIDESWAP AIRDROP: https://sideswap.finance/#/airdrop  

Prepare your $USDC funds for trading allocation which will be held at 00:00 UTC, 10 January, 2024

🧙‍♂️ Step By Step Tutorial For $SIDE Airdrop

01. Zealy Campaign:

Join zealy campaign if you don't wanna participate into LP or Trading event which is available on mainnet. Complete the following tasks to gain more XP!

JOIN ZEALY CAMPAIGN: https://zealy.io/c/sideswap-6411/invite/MLLshTNgyUSSGvLnAThSt

• Join Sideswap Communities

• Complete On-chain tasks like swap or provide/remove liquidity

• Twitter tasks like RT+Like tweets

• Produce Contents or Threads

• Daily Check-in

• Invite Frens

02. Liquidity Provider Campaign:

For liquidity provider allocation, you just need to provide liquidity in the following pairs which is supported for it:

• ZKF/USDC

• WBTC/USDC

• WBTC/USDT

• ETH/USDC

• ETH/USDT

• USDC/USDT

• WBTC/ETH

• First swap your $USDC into any preferable assets, for example, i'm swapping $USDC into $USDT so that i can provide LP in the USDC/USDT pair.

• Now go to the Pool page to select amount for the pair like USDC/USDT and do the approval of both assets. $USDC is the gas token, so i just need to do the approval of $USDT in here.

• Finally click on the Supply button and confirm the transaction. Now you can relax while farming $SIDE token by being a LP farmer as well.

03. Traders Campaign:

• Although traders campaign isn't started yet, however it's the same campaign like zkFair FCFS based Gas Fee Airdrop.

• So you may just increase the Gas Limit & Gas Price to spent more $USDC for gas fee during traders campaign at 00:00 UTC, 10 January, 2024.

SIDESWAP AIRDROP: https://sideswap.finance/#/airdrop

Finally visit the airdrop page to check the progress of farming $SIDE Token via liquidity mining.

🧙‍♂️ Conclusion

Lastly just wanna say, stay vigilant as two projects (Fiarswap & Venuswap) become scam/rugged from zkFair mainnet. So be cautious about connecting wallet into any new projects because there will be many scammers to drain your wallet with airdrop hype from any new chain.

As i mentioned that Sideswap isn't new projects like others and getting support from zkFair from the beginning, so you may use more funds for airdrop farming. However use only those funds which you can afford to lose. So DYOR & keep farming $SIDE Tokens.

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