Taiko is the one and only decentralized Ethereum equivalent ZK-EVM (zero-knowledge Ethereum virtual machine).
The general-purpose ZK-rollup on the market is designed to enrich the scalability and security of Ethereum. This allows it to enable developers to deploy dApps on Taiko while maintaining its technical and fundamental principles.
Recently, the news about Taiko mainnet airdrop has been trending all over. Let us look at all the available information about this.
Taiko Token
As of now, the Taiko token is trading at around $ 2.63 and has a market cap of approximately $173.27 million.
Taiko token’s circulating supply is around 65.95 million out of a maximum supply of 1 billion tokens.
From the past month, the price fluctuations have gone through an all-time high of $3.27 and a low of $1.72.
Taiko Mainnet Airdrop is part of Taiko’s strategy to build an active and loyal community. Taiko aims to revolutionize the crypto space with innovative solutions.
This project has handed out 5% of the total Taiko token supply, which is approximately 50 million tokens for eligible users during the initial season of Taiko.
This distribution is rewarded to the early contributors to the Taiko ecosystem. The tokens were given out to eligible users including, taiko proposers, providers, bridgers, users, developers, GitHub contributors, and members of the Loopring community.
Guide to Claim Taiko Tokens
Taiko is putting forward certain eligibility criteria for the airdrop participants, this is exclusively for those who have contributed to the taiko ecosystem including;
The proposers and provers have proposed or proved the transactions on the network. The bridges have enabled cross-chain transfers. General users holding the Glaxe points.
Contributors to Taiko’s development and codebase and active members of the Loopering community who have engaged with Taiko.
Steps for claiming TAIKO tokens
- Step 1
- Bridge with some ETH to Taiko, the users are required to bridge with ETH to cover the minimal gas fee.
- Step 2
- Visit the Taiko website, go to the airdrop section, and get familiarized with the requirements and instructions for crypto airdrop. Ensure that you have met the participation criteria.
- Step 4
- Create an account on the Taiko platform, if needed.
- Step 5
- Connect your wallet with the Taiko claim page.
- Step 6
- Claiming the tokens, if you are eligible the number of tokens available will be enabled. Click on “Claim now” and review and retrieve the amount.
- Step 7
- Sign the transaction message in your wallet and pay the minimal gas fee, if it is required.
- Step 8
- Lastly, add your Taiko tokens to the wallet.
The Trailblazers program and future opportunities
The Taiko brings an opportunity for those who missed phase 1 of the airdrop. This assigns an additional 10% of the total Taiko supply.
This initiative is made to reward the users for their engagement and activities with the Taiko ecosystem. This will induce the users to earn points weekly by completing the tasks.
By participating the users can receive airdropped tokens as rewards for their engagement and support in promoting the Taiko mainnet.
The security system in Taiko airdrop
As the type 1 zkEVM, the taiko airdrop is aiming for the highest compatibility with Ethereum’s virtual machine (EVM). Ensuring censorship resistance and strong security as Taiko relies on Ethereum’s authentication infrastructure.
Taiko works on a multi-layered verification process to prevent fraudulent activities. With all these security precautions, taiko aims to make a trustful and reliable environment, ensuring only eligible and genuine users benefit from the airdrop.
Taiko Mainnet Airdrop: Phase 2
Taiko has announced the Ethereum mainnet’s arrival, taiko protocol has been working on it.
This could bring additional benefits for both existing and upcoming participants to earn rewards and encourage the taiko ecosystem.
The participants can make use of the official Taiko Bridge and Rhinofi Bridge to add funds to their mainnet.
As phase 1 has been a success, Taiko might have plans to attract more audience globally, build a sustaining momentum, and decentralize its user base, fostering long-term growth and engagement within the blockchain.
Phase 2 is just conjecture, there is no guarantee of the arrival of the second Taiko Mainnet Airdrop.
Conclusion
As Taiko launches its mainnet, it offers unique opportunities for early supporters to receive tokens, community engagements, and network participation.
The eligibility involves holding specific tokens and engaging in the activities.
It is important to understand the distribution process and stay updated by relying on official channels to avoid scams and receive the rightful tokens.
The Taiko mainnet airdrop is assured to enhance community engagement and to level up the taiko’s ecosystem.
