Taiko (TAI) Launches Trailblazers Program with 12 Million TAIKO Prize Pool

Taiko
has
announced
the
launch
of
its
Trailblazers
program,
which
introduces
a
substantial
reward
pool
of
12
million
TAIKO
tokens
for
users
and





decentralized
applications
(dApps)
on
its
platform.
According
to

Taiko,
the
program
is
designed
to
incentivize
participation
and
engagement
within
its
ecosystem
over
a
three-month
period.

How
Does
It
Work?

The
Trailblazers
ranking
system
commences
immediately,
allowing
users
to
earn
XP
points
through
various
on-chain
activities.
These
activities
include
bridging
ETH
and
ERC20
tokens,
transaction
volume
involving
ETH
and





USDC,
transaction
count,
and
block
proposals.
Users
can
also
collect
faction
badges,
which
act
as
XP
multipliers,
enhancing
their
overall
rank
and
reward
potential.

Taiko
has
retroactively
assigned
XP
to
users
since
the
mainnet
launch,
ensuring
early
adopters
receive
credit
for
their
participation.
However,
users
should
be
cautious
with
faction
badges,
as
selling
them
mid-season
results
in
a
loss
of
the
corresponding
XP
multiplier.
Conversely,
purchasing
NFTs
mid-season
will
reflect
accumulated
XP
in
the
user’s
profile
immediately.

Ranking
Structure

The
ranking
system
employs
a
dynamic
percentile
model,
where
participants
are
categorized
into
levels
based
on
their
XP.
Higher
levels
receive
exponentially
greater
rewards,
with
the
top
two
tiers
sharing
a
pool
of
1
million
TAIKO
tokens.
The
remaining
9
million
tokens
are
distributed
across
other
levels,
rewarding
users
proportionally
to
their
engagement
and
activity
throughout
the
season.

This
non-linear
reward
distribution
promotes
active
participation,
motivating
users
to
increase
their
XP
and
achieve
higher
ranks.
The
more
active
a
user
is,
the
better
their
chances
of
securing
significant
rewards
by
season’s
end.

dApps
Participation

In
addition
to
user
engagement,
the
Trailblazers
program
also
incentivizes
dApp
developers.
The
program
tracks
activities
such
as
Unique
Active
Wallets
(UAW),
total
transactions,
gas
usage,
and
Total
Value
Locked
(TVL).
Various
campaigns
and
competitions
will
be
held
specifically
for
dApps,
with
a
bridging
competition
kicking
off
the
initiative.

For
dApp
developers,
2
million
TAIKO
tokens
are
allocated
as
rewards,
encouraging
innovative
applications
and
increased
activity
on
the
Taiko
platform.

Rewards
and
Distribution

Throughout
the
three-month
season,
12
million
TAIKO
tokens
will
be
claimable.
Users
will
compete
for
10
million
TAIKO
tokens,
with
the
top
two
levels
receiving
a
substantial
portion
of
the
rewards.
The
remaining
2
million
tokens
are
designated
for
dApps,
fostering
a
vibrant
ecosystem
of
applications
on
the
Taiko
network.

At
the
end
of
each
season,
eligible
users
can
claim
their
rewards
during
a
30-day
claiming
period.
To
maintain
fairness,
all
participants’
XP
will
reset,
although
a
small
bonus
will
be
granted
based
on
the
previous
season’s
XP.

Security
and
Fairness
Measures

Taiko
has
implemented
several
measures
to
ensure
a
level
playing
field.
There
is
a
daily
cap
on
points
per
category,
preventing
any
single
user
from
monopolizing
the
rewards.
Sybil
detection
mechanisms
will
be
in
place
to
identify
and
blacklist
fraudulent
addresses,
ensuring
genuine
participation.

In
summary,
Taiko’s
Trailblazers
program
aims
to
drive
engagement
and
innovation
on
its
platform
by
offering
substantial
rewards
to
both
users
and
developers.
Through
a
dynamic
ranking
system
and
a
fair
distribution
model,
Taiko
is
fostering
a
competitive
yet
inclusive
environment
for
its
community.

Image
source:
Shutterstock

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