{"id":317562,"date":"2024-06-06T00:47:31","date_gmt":"2024-06-05T19:17:31","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=317562"},"modified":"2024-06-06T00:47:31","modified_gmt":"2024-06-05T19:17:31","slug":"zk-rollup-taiko-airdrops-token-and-reaches-2-billion-fully-diluted-valuation-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/zk-rollup-taiko-airdrops-token-and-reaches-2-billion-fully-diluted-valuation-crypto-news\/","title":{"rendered":"ZK-Rollup Taiko Airdrops Token And Reaches $2 Billion Fully-Diluted Valuation – Crypto News"},"content":{"rendered":"

<\/p>\n

Roughly 50 million tokens, or 5% of the total supply, can now be claimed.\n<\/p>\n

\n

Taiko, a Layer 2 scaling network, started the first phase of its token distribution plans with the cryptocurrency launching at a fully diluted valuation (FDV) of $2.1 billion and a market capitalization of $110 million.<\/p>\n

The token has suffered a rocky start, however, dropping 40% to $2.20. Its token valuation makes it the 15th largest among Layer 2 networks in terms of market cap, and the 7th largest in terms of FDV.<\/p>\n

TAIKO Price – CoinGecko<\/figcaption><\/figure>\n

Taiko is a rollup, which takes transactions and computation off the Ethereum mainnet to allow for faster and cheaper use. It uses \u201czero-knowledge\u201d technology, which refers to a way of confirming transactions from the Layer 2 onto mainnet. <\/p>\n

The team also says the protocol is Ethereum-equivalent, which means it does not require any additional compiling, reaudits, or tooling to interact with the Ethereum blockchain.<\/p>\n

Airdrop Claimers<\/h2>\n

Eligible users include<\/a> Taiko proposers, which determine the transaction sequence in a block; provers, which prove a block\u2019s transition from one state to another; bridgers, allowing for users to lock ETH and receive funds on Taiko, developers, Github contributors, and members of the DEX Loopring community.<\/p>\n

To claim tokens users first need to bridge ETH to Taiko to cover gas fees, the team wrote on X today. The claim window ends July 5.<\/p>\n

For users that did not qualify for this round’s airdrop, Taiko has allocated 10% of the total supply to their upcoming Trailblazer program<\/a>. The program looks to reward users that \u201cexplore\u201d the ecosystem, and the project has established a number of special boosts for users engaging with the community and the protocol.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Roughly 50 million tokens, or 5% of the total supply, can now be claimed. Taiko, a Layer 2 scaling network, started the first phase of its token distribution plans with the cryptocurrency launching at a fully diluted valuation (FDV) of $2.1 billion and a market capitalization of $110 million. The token has suffered a rocky […]<\/p>\n","protected":false},"author":2,"featured_media":317564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-317562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/317562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=317562"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/317562\/revisions"}],"predecessor-version":[{"id":317565,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/317562\/revisions\/317565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/317564"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=317562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=317562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=317562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}