Everything Blockchain
$TAIKO Token Confirmed 💎
@taikoxyz announced their intention to introduce the Taiko Token (TKO) to incentivize block verifiers
TKO will be a governance and commission token
In this thread, let us learn what TAIKO is and how we can engage with the Testnet
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Introducing $TAIKO
An Ethereum-equivalent ZK-Rollup
Mirrors Ethereum's structure closely, technically and conceptually
Scales Ethereum by replicating all EVM opcodes in a decentralized, permissionless, and secure L2 framework
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Intriguing Insights
Founded by Daniel Wang of @loopringorg fame
Secured $22 million across 2 rounds (Sequoia China, IOSG Ventures, GSR, GGV Capital & others)
Developing full Eth ZK-EVM circuits, in collab with the Eth Foundation's Privacy & Scaling Explorations (PSE) team
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Interaction Guide
Step 1: Connect Wallet
Add Sepolia and Jolnir Network to your wallet
https://chainlist.org/?search=taiko&testnets=true
Step 2: Receive Tokens
Add Sepolia ETH and Taiko testnet tokens
https://taiko.xyz/docs/guides/receive-tokens
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Step 3: Bridge Tokens
https://bridge.jolnir.taiko.xyz/
Go to Faucet
Mint HORSE tokens on Sepolia
Bridge ETH from Sepolia to Jolnir and back
Next, bridge $HORSE from Sepolia to Jolnir
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Once you're done Bridging
Check txn completion on Explorer
Go to the Transactions tab
Claim your tokens
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Step 4: Swap Tokens
https://swap-v3.jolnir.taiko.xyz/#/swap
- Make some swaps
- Head to Pools & Choose Tokens
- Add liquidity
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Step 5: NFTs
https://omnisea.tech/spaces/TAIKO_ECOSYSTEM
- Connect Walle
- Choose Collection
- Mint NFT/s
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Step 6: Deploy a contract
This one is for all the technical chads out there, if you've got the experience/knowledge
Check out the steps in the guide linked below
https://taiko.xyz/docs/guides/deploy-a-contract
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Step 7: Complete Quests/Campaigns
2 active quests
Trust Bonus (Prove your humanity & claim 2500 points)
Experience Taiko (Create a Wallet, Mint a Domain, & Take a Quiz)
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More on the newly launched task
Complete the following for loyalty points:
Develop an account abstraction-powered wallet using @ParticleNtwrk
Mint a .taiko domain through @dottaikodomains
Engage by reading recent articles & participating in a quiz
Complete Twitter tasks
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Quiz
Got you covered for it
Quiz 1 Based - Rollup FAQ
Answers B, C, C, C, A
Quiz 2 Based - Booster Rollup (BBR)
Answers C, C, C, C
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Join Discord in case of any queries
Bonus - Embrace active participation!
Your commitment may pave the way for future opportunities and roles
https://discord.com/invite/taikoxyz
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Following the above steps enhances your prospects of potentially receiving a TKO airdrop
Stay tuned for more updates and follow @Galxe closely for more tasks
Happy Farming!
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