- Side.xyz is an all-inclusive Web3 growth protocol powered by the $Side token. We believe that MarketingFi will change the crypto game forever.
- $Side is an ERC-20 token on the Ethereum blockchain. Here is the contract address : 0x5A3153ae94E9FE2ECfdBD7BA7284C51560cb7aEe
- $Side initially had a supply of 5,6Bn tokens. ICO happened in late 2021. The bear market of 2022 prevented the sales of further tokens. The project ended up owning most of the token supply.
- From the initial supply of 5,6Bn tokens, 3,9Bn have been burned by the team. More burning is on the table.
- ICO buyers were vested as of the team. Some community tokens are still vested and can be unvested here. Team token will be vested until January 2025.
- $Side holders can stake their tokens here. Our APR works the following way : we distribute a fixed amount of tokens a day. The more tokens are staked, the smaller the APR. As of the writing of this document Side is distributing 60k $Side per day and the APR is around 12%. Staking rewards come from the team token bag.
- $Side stakers can vote about the use of the DAO fund. DAO is funded by a fee that the protocol is collecting on its customers (see more info here).
- $Side stakers will also see their Side Score increase. The Side Score is a proprietary tool to measure the strength of a user in our ecosystem. The higher your Side Score the higher your reward in our marketing campaign.
- This is the team wallet : 0x67faFF5D5463527D57C6698b103AaE5818c713BD. It’s on a multi-sig wallet. We might send small amounts of tokens to team members, freelancers, key opinion leaders and advisors. We are using funds from this wallet for the staking program but also to credit the Rise campaign.
- Last but not least : none of this is financial advice. Don’t buy the $Side token for speculation. Own it to use it on our platform. Keep in mind that the vast majority of people using crypto end up losing money.
PS : during the ICO we offered a free polygon based NFT. This NFT was a key to access the ICO. Right now the NFT has no specific use case but we would love to add some in the future. Disclaimer in point 10 applies for the NFT too.
