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Taiko announces token economics, the genesis airdrop will distribute 5% of the initial supply

Taiko announces token economics, the genesis airdrop will distribute 5% of the initial supply

Bitget2024/05/23 02:01

The Ethereum Layer 2 network Taiko, based on zkRollup, has released its token economics model. The total supply of TKO tokens is 1 billion. The allocation ratio is as follows: 20% of the tokens will be allocated to the DAO Treasury; 2% of the tokens will be allocated to Guardian Prover Bonds; 5% of the tokens will be allocated to GrantsRetroPGF; 10% of the tokens will be distributed in Trailblazer airdrops; 1% of the tokens will be distributed in Protocol Guild airdrops; 5% of the tokens are for Genesis airdrop distribution; another 5% for liquidity and market making purposes; investors get an allocation of about11.62%; Taiko Labs and core team receive an allocation amounting to around20%; approximately16.88 % goes into reserves at Taiko Foundation while about1.5 % is set aside for official Prover Bonds from Taiko.

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