The cryptocurrency Taiko ($TAIKO) has seen a series of significant developments. DTX has announced a $200,000 prize pool for users who swap, provide liquidity, or trade perpetual on its platform from June 5th to June 18th. Bitfinex has opened deposits for $TAIKO, which is a decentralized Layer 2 blockchain protocol using a Zero Knowledge Ethereum Virtual Machine (ZK-EVM). Upbit, South Korea's largest cryptocurrency exchange, has introduced new trading pairs for Taiko in KRW, BTC, and USDT markets. Vitalik proposed the first block in preparation of the Taiko launch. Additionally, the TAIKO token airdrop is now live, with 5% of the initial supply, approximately 50 million tokens, available for claiming until July 5, 2024. Unclaimed tokens will be sent to DAO. The Pyth Network has released its TAIKO/USD price feed, now accessible on more than 55 blockchains. Bybit has launched the TAIKO/USDT Perpetual Contract with up to 25x leverage. Furthermore, Upbit is hosting a 3-day trading competition from June 7-9, with daily top traders winning up to 12,000 TAIKO and lottery draws every 12 hours. KuCoin has added an isolated margin trading pair for TAIKO, and Taiko has become permissionless, allowing anyone to set up a Taiko proposer and prover to help run the network.
Taiko is now permissionless (and based)! ๐ Starting today, anyone in the world can set up a Taiko proposer and prover to help run the network using the newly-launched TAIKO token. 1/ https://t.co/tPHJo66eIS
#KuCoin Isolated Margin Adds $TAIKO Trading Pair
๐ Big news from @Official_Upbit! $TAIKO trading is live on KRW, BTC, and USDT markets! ๐ Theyโre hosting a 3-day trading competition to celebrate! 1๏ธโฃ Top 5 traders daily win up to 12,000 $TAIKO! 2๏ธโฃ Lottery draws every 12 hours! ๐ June 7-9 ๐ Details: https://t.co/OsfrDXslD7 https://t.co/GZEk3eJrFj