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Exciting collaboration announced for DeFi Season Finale by Taiko and Stargate Finance! 🚀

Exciting collaboration announced for DeFi Season Finale by Taiko and Stargate Finance! 🚀

Taiko & Stargate’s Season 1 Finale: A Crypto Adventure 🚀

Taiko, alongside Stargate Finance and other DeFi protocols, is launching a special Trail to wrap up Season 1 of Trailblazer in August 2024. This collaboration aims to bring together liquidity and reduce asset fragmentation across Taiko-based decentralized applications (dApps) and ecosystem projects.

Embark on the DeFi Journey with Stargate 🛡️

The final Trail will take place from August 19 to September 16, 2024. Participants are encouraged to participate in various DeFi activities on Taiko by providing liquidity to specific pools within major ecosystem projects. This marks the last chance for Season 1 participants to earn experience points (XP), improve their rankings, and claim enhanced rewards from the participating protocols.

Platforms to Engage With

Get involved by providing liquidity and utilizing the following platforms:

  • Oku
  • Ritsu
  • Izumi
  • Meridian Lending
  • KiloEX
  • Stargate

Exciting Rewards and Incentives Await 🎁

By joining this final Trail, you can share in a pool of 80,000 TAIKO tokens when contributing to incentivized pools. Participants will also enjoy a 4X multiplier on the XP earned while interacting with these pools. The distribution of TAIKO tokens is as follows:

Incentivized Pools:

Additional incentives from protocols may include boosted yields on selected pools.

Multiplier Breakdown

Throughout this final Trail, points earned per transaction value and the daily XP limit will be quadrupled for interactions with incentivized pools. Regular transactions will maintain their standard XP rate, with the original daily limit still in effect.

Promoting Fair Play and Equitable Rewards 🤝

This initiative aims to strengthen the budding DeFi ecosystem and encourage long-term liquidity provision. To benefit from the increased XP, users must keep their tokens deposited in the designated pools throughout the entire Trail period. On-chain verifications will be conducted to ensure compliance, and any attempts at manipulation will be penalized.

Anti-Sybil checks will also be implemented to exclude ineligible addresses before reward allocation. This process will be swiftly executed post-season conclusion to ensure fairness for all participants.

DeFi Campaign Schedule 📆

The campaign experienced a delay due to its extensive scale and the substantial rewards involved. Nevertheless, the generous reward pool provided by partners is expected to be well worth the wait. Taiko remains dedicated to enhancing the program in upcoming seasons based on community feedback.

A Closing Note 🌟

As Season 1 of Trailblazer draws to a close, the Call of Taiko & Stargate campaign is set to make a significant impact on the Taiko ecosystem. This final Trail presents a unique chance to earn rewards and shape the future of DeFi on Taiko. Running from August 19 to September 16, 2024, this campaign promises to be a memorable conclusion to the season.

𝗛𝗼𝘁 𝗧𝗮𝗸𝗲 🔥

Get ready to embark on a thrilling DeFi adventure with Taiko and Stargate! Join the final Trail, earn rewards, and be a part of shaping the future of decentralized finance. Don’t miss out on this exciting opportunity to be part of the Taiko ecosystem!

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

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Exciting collaboration announced for DeFi Season Finale by Taiko and Stargate Finance! 🚀