Taiko Announces Start of Season 2 with New Features and Rewards

Taiko
has
officially
started
Season
2,
following
the
completion
of
Season
1.
The
announcement,
made
on
September
17,
2024,
includes
significant
updates
and
new
features
designed
to
enhance
participant
engagement
and
reward
distribution,
according
to

taiko.mirror.xyz.

Season
2
Timeline
and
Rewards

Season
2
commenced
on
September
17,
2024,
at
00:00
UTC
and
will
run
until
December
16,
2024,
at
23:59
UTC,
covering
a
duration
of
91
days
or
13
weeks.
The
total
rewards
for
this
season
are
set
at
6
million
Taiko
tokens.

Changes
to
the
XP
System

Several
key
changes
have
been
made
to
the
xp
system:

1. Participants
   will
   no
   longer
   receive
   points
   for
   bridging
   tokens
   into
   the
   Taiko
   ecosystem.
2. The
   formula
   for
   awarding
   Transaction
   points
   has
   been
   modified
   to
   increase
   xp
   for
   higher-cost
   transactions,
   with
   a
   new
   maximum
   of
   1000
   xp
   per
   transaction.

Point
Categories

Participants
can
earn
points
in
three
categories:

• 
  Transaction
  –
  Points
  based
  on
  
  
  
  
  
  gas
  spent.
• 
  Transaction
  Value
  –
  Points
  based
  on
  value
  exchanged,
  unchanged
  from
  Season
  1.
• 
  Proposed
  Blocks
  –
  Points
  for
  proposing
  new
  blocks
  by
  running
  core
  infrastructure.

Season
1
XP
Transfer

As
a
token
of
appreciation,
participants
will
receive
a
percentage
of
their
Season
1
xp
as
a
head
start
in
Season
2.
Additional
xp
boosts
will
be
granted
for
holding
a
Taikoon
or
unique
Season
1
Faction
Badges,
with
a
maximum
boost
cap
of
150,000
xp.

Leaderboard
Update

The
leaderboard
will
now
reflect
NFT
multipliers
throughout
the
season,
rather
than
applying
them
only
at
the
end.
Points
earned
for
actions
will
be
multiplied
by
the
NFTs
held
at
the
time
of
the
action.
Multipliers
will
not
be
applied
retroactively.

New
Teams,
Whales
and
Minnows,
have
been
introduced
alongside
the
existing
Devs
team.
Each
team
will
have
unique
Faction
editions
and
specific
point
multipliers
for
different
actions.

How
the
Multipliers
Stack

The
new
multiplier
formula
for
Faction
Team
bonuses
is
0.05
*
n,
where
n
is
the
number
of
Badges
the
participant
owns.
The
multipliers
stack,
encouraging
participants
to
collect
various
badges
to
maximize
their
points.

How
to
Get
New
Badges

Several
methods
are
available
for
obtaining
new
badges
in
Season
2:

• 
  Taikoon
  Drop
  –
  An
  airdrop
  for
  Taikoon
  holders
  from
  Season
  1.
• 
  Migration
  –
  Convert
  Season
  1
  badges
  into
  Season
  2
  badges
  with
  a
  50/50
  chance
  of
  becoming
  a
  Whale
  or
  Minnow
  badge.
• 
  XP
  Milestones
  –
  Unlock
  additional
  badges
  by
  reaching
  specific
  xp
  milestones.

The
Faction
Battle
Arena
is
a
new
feature
where
participants
can
register
their
Faction
Badges
to
compete
in
tournaments
for
additional
prizes.

Despite
the
extensive
list
of
features,
Taiko
has
more
plans
in
the
pipeline.
An
AMA
session
will
be
held
on
September
17,
2024,
in
Taiko’s
Discord
to
address
any
questions
and
provide
further
details.

Image
source:
Shutterstock