Taiko Completes Trailblazers Season 1 Snapshot and Launches Season 2, Offering 6 Million TAIKO
Taiko Trailblazers Season 2 Begins, Offering 6 Million TAIKO Tokens
On September 18th, Taiko officially announced the completion of Trailblazers Season 1 snapshot and the launch of Season 2. This new season will run from September 17th, 2024 to December 16th, 2024, offering a total of 6 million TAIKO tokens. Of these, 5 million tokens will be allocated to participants and 1 million to DApps.
The team is introducing key changes to the XP system:
- No more XP for bridging tokens to Taiko ecosystem: Participants will no longer earn points for bridging any tokens to the Taiko ecosystem.
- Adjusted XP formula: The formula for rewarding trading points has been adjusted to increase XP for higher-cost trades. The maximum XP per trade is capped at 1000.
- Three XP categories: Participants can earn points in three categories: trading, trade value, and proposed blocks.
A key feature of Season 2 is the ability for participants to migrate their Season 1 badges to Season 2.
More details on how this migration will function will be shared after the mechanism is deployed. Additionally, a progress system will be introduced that enables participants to unlock the ability to mint extra Season 2 badges.