Taiko Announces TKO Tokenomics: Total Supply of 1 Billion Tokens, Genesis Airdrop Up to 5%
PANews reported on May 23 that according to official sources, the Ethereum Layer2 project Taiko has announced the TKO tokenomics model, with a total supply of 1 billion TKO tokens. The distribution is as follows: DAO Treasury accounts for 20%, Guardian Prover Bonds for 2%, Grants RetroPGF for 5%, Trailblazer airdrop for 10%, Protocol Guild airdrop for 1%, Genesis airdrop up to 5%, Liquidity and Market Making for 5%, Investors for 11.62%, Taiko Labs/Core Team for 20%, Taiko Foundation Reserve for 16.88%, and Taiko Official Prover Bonds for 1.5%.
To qualify for the airdrop, one can propose blocks, prove blocks, interact with the testnet, participate in Galxe activities, contribute to eligible repositories on Github, and be an Ethereum ICO participant who transacted on the mainnet between 2022-02-01 and 2024-02-01. The TKO Genesis airdrop will be conducted on the Taiko mainnet L2. After claiming TKO, users will immediately receive the tokens on-chain. The airdrop tokens are not locked and have no vesting period. Loopring users need to contact the Loopring community to check eligibility, and Loopring will be responsible for distributing to eligible wallets. Unclaimed tokens will be returned to the DAO treasury.
Earlier today, it was reported that Taiko's TKO token airdrop eligibility query page is now live.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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