Exciting news, Trailblazers! We’re thrilled to announce that the Call of Taiko, in collaboration with Stargate Finance and several other DeFi protocols, is launching a special Trail to end Season 1 of Trailblazer with a bang. Starting on August 19th, 2024, this initiative aims to unify liquidity and reduce asset fragmentation across Taiko-based dApps and ecosystem projects.

Since we take pride in both DeFi and Gaming, we’re wrapping up Season 1 with overlapping Trails. You can earn both the Drummer and Shinto Faction badges simultaneously. If you're a DeFi enthusiast, focus on the DeFi Trail. If gaming is more your style, dive into the Gaming Trail. Or, if you aim to be a Trailblazing Legend, do both! The choice is yours.

Let’s explore the details of this final challenge and discover how you can earn unprecedented rewards.

• Start Date: August 19, 2024, 17:00 UTC (13:00 EST)

• End Date: September 16, 2024, 23:59 UTC

From August 19th to September 16th, 2024, engage in DeFi on Taiko by providing liquidity to designated pools across major ecosystem projects. This is your final opportunity for Season 1 to earn massive XP, climb the ranks, and collect boosted rewards from participating protocols!

• Oku

• Ritsu

• Izumi

• Meridian Lending

• KiloEX

• Stargate

By participating in this final Trail, you’ll earn a share of 80,000 TAIKO tokens when you participate in the incentivized pools and provide liquidity. Moreover, you’ll be eligible for a supercharged 4X multiplier on the XP you earn while interacting specifically with these incentivized pools.

The TAIKO tokens will be distributed as follows:

Incentivized Pools:

• Oku (20,000 TAIKO) + 4x TB multiplier:

  • USDC.e/WETH

  • USDC.e/USDT.e

• Izumi (15,000) TAIKO + 4x TB multiplier:

  • USDC.e/WETH

  • USDC/USDC.e

• Ritsu (10,000 TAIKO) + 4x TB multiplier:

  • USDC.e/ETH

  • USDC/USDC.e

• Meridian Finance (15,000 TAIKO) + 4x TB multiplier:

  • USDC.e

  • USDT.e

• KiloEX 4x TB multiplier:

NOTE: Participating protocols will add their own incentives to what we have provided, which may include boosted yields on the selected pools.

If you are a veteran Trailblazer then you already know that performing actions on Taiko DeFi protocols results in being awarded Transaction Value XP to your profile based on the value of the tokens that you transact with. You will also have noticed that there is a daily maximum to the amount of XP you can earn in this category. So for the duration of the last DeFi Trail, we will be multiplying the amount of points you earn per value transacted as well as the amount of points you can earn in a day by 4 while interacting specifically with these incentivized pools. Please note that you will continue to earn the normal amount of XP for Transaction Value that is not a part of this Trail and that the original daily cap will still apply to those transactions.

The goal of this Trail is to amplify our young DeFi ecosystem and encourage long-term liquidity provision. That being the case, in order to receive the boosted XP for this Trail users will need to keep their tokens deposited in the pool(s) of their choice for the entirety of the Trail. In some cases, the DeFi partners have instituted locker contracts that require users to commit to the lock-up period when entering the pool in exchange for a boosted yield. In the case that a lock is not implemented, we will be performing onchain verifications to ensure that users have not withdrawn their funds. If it is discovered that a user has withdrawn or has otherwise attempted to manipulate the system to get more XP, that user’s XP will be slashed and in extreme cases, they may be disqualified from the Trailblazer program completely.

Since this is the final Trail of Season 1, we will also be starting the antiSybil checks and removing ineligible addresses from the final list before allocating the rewards. Our team aims to have this done as quickly as possible after the season ends. Please be patient as we want to make sure we are fair to all of our amazing community members.

It's important to note that we've carefully structured this program with several key considerations in mind. First and foremost, we aim to attract new liquidity providers who may not be existing Trailblazer participants or who are primarily interested in DeFi opportunities rather than Trailblazer rewards. This approach helps to expand our ecosystem and bring fresh capital to our platforms.

At the same time, we've designed the program to minimize any potential negative impact on our existing Trailblazer participants. We value your continued support and don't want to dilute the efforts you've already put into the program.

Interestingly, you might notice that the structure doesn't necessarily maximize participation from existing Trailblazers. This is intentional. Our goal is to strike a balance between rewarding our loyal community and fostering growth by attracting new participants to our ecosystem.

We have received numerous queries regarding the timing of the campaign from our valuable community members and we would like to address these open questions. We originally planned to introduce extra rewards for our Trailblazers with the DeFi campaign, but due to the massive scale of the initiative and the substantial rewards involved, it took longer than expected to get everything aligned.

That being said, we're excited about the generous reward pool our partners have contributed for our Trailblazers, and we believe it will be worth the wait. Your passionate participation has been at the heart of our community, and we can't emphasize enough how much we value your ongoing support. Rest assured, we are working diligently to improve and add even more value to the program in future seasons. We truly appreciate your feedback and we are committed to making this experience even better for you moving forward.

As we reach the climax of Season 1, the Call of Taiko & Stargate campaign is set to make a monumental impact on the Taiko ecosystem. This final Trail is not just an opportunity to earn rewards but a chance to play a pivotal role in shaping the future of DeFi on Taiko.

We are excited to see you engage in this final challenge, seize the opportunity to earn incredible rewards, and cement your place in Taiko history. Stay tuned for more updates and get ready to embark on this exhilarating journey from August 19th to September 16th, 2024.

Let’s make this season finale unforgettable. See you on the Trail!

Explore open positions on our job board.

Get the latest from Taiko:

• Website: https://taiko.xyz.

• Discord: https://discord.gg/taikoxyz.

• GitHub: https://github.com/taikoxyz.

• Twitter: https://twitter.com/taikoxyz.

• Community forum: https://community.taiko.xyz.

• YouTube: https://www.youtube.com/@taikoxyz.

• Warpcast: https://warpcast.com/taikoxyz.

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