Taiko, the first ever based rollup scaling Ethereum, is excited to see its native token $TAIKO made more accessible through its listing on Binance Alpha, Binance's premier platform for early access and exclusive listings.
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Key Highlights
— $TAIKO token now available for trading against USDT on Binance Alpha.
— Trading competition launched with a 1,495,000 $TAIKO prize pool.
— Basedpreconfirmations technology set to deliver 20x faster transaction speeds.
— DAO governance is launching soon for token holders.
“Being listed on Binance Alpha is a vote of confidence in our technology, our community, and our long-term vision. We believe that the future of Ethereum is decentralized and ownerless, and based rollups are the only way to ensure we keep aligned with these foundational values while providing the best user experience for those building, transacting, and accessing broader financial markets,” said Joaquin Mendes, COO of Taiko.
Expanding Access and Community Governance
The Binance Alpha listing provides global traders access to TAIKO/USDT trading pairs, significantly expanding the token's liquidity and market reach. Binance Alpha's rigorous curation process evaluates projects based on technology innovation, community strength, and market potential.
With the debut of the $TAIKO token on Binance Alpha, community members can participate in the TAIKO trading competition with a prize pool of 1,495,000 TAIKO.
$TAIKO also underlies the soon-to-be-launched Taiko Decentralized Autonomous Organization (DAO). Once accessible to the whole community, Taiko token holders will be able to contribute to governance decisions of the protocol as a whole.
Listing on Binance Alpha, marks a significant milestone in the project's roadmap.
AboutTaiko
Taiko, the first basedEthereum rollup, is designed to address the scalability challenges of the Ethereum network. By utilizing Based Contestable Rollup (BCR) technology, Taiko significantly reduces transaction costs and enhances security, providing a seamless and efficient user experience without compromising decentralization. For more information about Taiko and its revolutionary approach to Ethereum scaling, visit https://taiko.xyz/
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SOURCE Taiko
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