Taiko

Taiko Airdrop

Team: Taiko Labs
Category
Layer 2
Status
Archived
Difficulty
Funding
TBA
Rating
N/A
Tasks4
No ratings yet

Event Timeline

Testnets run (Katla, Hekla)

2023

Completed

Genesis airdrop announced

May 2024

Completed

TAIKO token generation event

Jun 5, 2024

Completed

Claim window closes

Jul 5, 2024

Completed

About Taiko

Taiko is a based rollup on Ethereum. Rather than running its own sequencer, it hands sequencing back to Ethereum L1 block proposers, which removes the centralised sequencer that most rollups still operate, at the cost of inheriting L1 block timing.

The genesis airdrop is worth studying for who it chose to pay. Alongside the expected testnet users, it allocated to block proposers and provers who had done real infrastructure work, to contributors to specific GitHub repositories, and to participants in the 2014 Ethereum ICO, a cohort with no connection to Taiko at all, rewarded purely for having funded the chain it settles on.

Airdrop Stats

300,000+ Community Members Reached
~50M TAIKO In The Genesis Airdrop
5% Of Initial Supply
1B Total Supply
Taiko airdrop details: total TAIKO supply, community members reached, the size of the genesis airdrop, its share of initial supply and the claim window
TGE details for the Taiko (TAIKO) airdrop

Paying builders, and one cohort that could not be farmed

Testnet activity was the route most people took, but it was not the only one. Running proposer or prover infrastructure carried its own allocation, and commits to specific Taiko repositories were an eligibility route in their own right. Both reward contribution that no amount of wallet cycling can fake.

The fourth route is the one worth remembering. Participants in the 2014 Ethereum ICO were allocated TAIKO on a chain that did not exist when they bought. Nothing anyone did in 2024 could qualify them for that slice, which makes it purely retroactive in the way the earliest airdrops were.

TAIKO token allocation across DAO treasury, Taiko Labs and core team, foundation reserve, investors, the Trailblazer airdrop and liquidity, grants and prover bonds
TAIKO token allocation

How it worked to get the Taiko airdrop

Step 1

Use the testnets

Transacting on Taiko's testnets was the main qualifying route, and the one most participants took.

Step 2

Propose or prove blocks

Running proposer or prover infrastructure carried its own allocation, paying operational contribution rather than transaction count.

Step 3

Contribute code

Commits to specific Taiko GitHub repositories were an eligibility route in their own right, which is rare in a distribution of this size.

Step 4

Or have bought into the 2014 Ethereum ICO

Ethereum ICO participants were allocated tokens on a chain that did not exist when they bought. No action was possible after the fact.

Was the Taiko airdrop worth it?

  • Four separate eligibility routes. Testnet activity, prover and proposer work, GitHub contributions and the Ethereum ICO, a wallet could qualify through work that had nothing to do with farming.
  • It paid builders, not just users. Allocating to repository contributors and infrastructure operators is unusual, and it shifted weight away from wallets optimising for transaction counts.
  • One unfarmable cohort. The 2014 Ethereum ICO allocation could not be qualified for by anyone acting in 2024, making that slice purely retroactive.
  • A one-month claim window. Claims closed 5 July 2024.

Taiko Official Links

Official channels, documentation and community for this airdrop:

This airdrop has concluded. It is kept for research rather than participation.

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