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We’re celebrating the full launch of our DAO, and the appointment of our new board members with a Galxe Campaign! 🥁 Complete these easy off-chain tasks, learn about our DAO, and earn TAIKO tokens, all powered by @GalxeQuest. Dive in: app.galxe.com/quest/taiko/GC…

Taiko DAO just appointed 3 Board Directors: Joy Lam, Professor Felix Oberholzer-Gee, Professor Wen Yonggang and an Advisor, CPA Ren Jang. These seasoned, highly accomplished leaders will supercharge our Security Council & community as binding on-chain governance goes LIVE at dao.taiko.xyz. Another step toward an ownerless, neutral L2 truly owned by its users.

🚀 Preconfirmations are LIVE on @taikoxyz — my tx was 81.67x faster. This isn’t just an upgrade. It’s a paradigm shift. The new era of Ethereum starts NOW. 🔗 Try it yourself: trailblazers.taiko.xyz/preconfs #Taiko

We’re celebrating the arrival of preconfirmations with a Galxe Campaign! 🥁 Complete these easy off-chain tasks, learn about preconfs, and earn TAIKO tokens, all powered by @GalxeQuest. Dive in: app.galxe.com/quest/taiko/GC…

Preconfirmations Are Live on Taiko! 🥁 20–30x faster. Same Ethereum values. Taiko Alethia mainnet just leveled up. This massive upgrade boosts our network’s performance without compromising Ethereum’s core principles. The new era of Taiko begins today!

@intraVerse_Game # Good 😁

@KYVENetwork Eth

A new token might be coming to the KYVE protocol via a new integration soon… any guesses? 👀

What's wrong with the Aleo launch? On September 18, 2024, @AleoHQ ’s long-awaited mainnet finally went live. For many, this milestone was expected to be the culmination of years of hard work and anticipation. But instead of celebration, the community was met with confusion, frustration, and a series of surprises that raised more questions than answers. ➤ Promises Made, Promises Broken ・Back in 2021, when Aleo launched its second testnet, the team assured participants "Block rewards earned on testnet2 will be redeemable for Aleo credits at mainnet launch, and we invite all of our community members to participate." – aleo.org/post/incentivi… ・Back in March 2024, CEO Alex Pruden (@apruden08) confirmed the tokenomics at a public meeting where there would be no token lockup for testnet participants. This information was confirmed by moderators in the discord later in July – youtu.be/yOMQlRFDW0o?si… Fast forward a few months, and the reality looks quite different. ➤ Unexpected Changes to the Game Plan During a community call on September 18, Alex Pruden announced that all token holders, including testnet participants, would face a one-year lockup period. While the team and insiders will face a two-year vesting schedule following the lock, testnet participants will receive no such vesting after the lock expires. Why the sudden change? ・According to the team, the lockup is necessary to mitigate regulatory risks and to preserve the long-term value of the network. ・But if these risks were known all along, why was this decision communicated only after the mainnet launch? ➤ Token Allocation and the Reality of Distribution The team claims that testnet participants and insiders (team, etc.) are under the same conditions regarding token lockups. But is that really the case? Aleo’s tokenomics states that the initial supply is 1.5 billion tokens. Can locked tokens be staked? Yes, they can. Immediately following the mainnet launch, 1 billion Aleo tokens were staked by validators, leading to a daily inflation rate of 1 to 1.2 million Aleo through validator and miner rewards (Stake Rewards and Puzzle Rewards). That’s over 1m tokens generated daily, or over 365m Aleo in a year. mainnet.aleo123.io aleo.org/aleo-tokens/ But who are these stakers? Let’s take a closer look at Aleo’s tokenomics: ・34% of Aleo tokens are allocated to early backers. ・25% are reserved for grants, ecosystem contributors, and educational programs. ・17% are set aside for employees and project contributors. ・16% are distributed between the Aleo Foundation and Provable. ・8% go to strategic partners. Now let’s identify the rewards allocated to testnet participants. During Testnet 2, 15 million Aleo credits were allocated – aleo.org/post/incentivi… For Testnet 3, 25 million Aleo credits were allocated to developers, provers, and testnet validators –aleo.org/post/announcin… Thus, the total reward pool for the testnets is 40 million Aleo credits out of 1.5 billion. In reality, the majority of the rewards over the next year will be earned by investors, employees, and the Aleo Foundation, groups closely connected to the team. These categories are set to potentially earn nine times more than the combined rewards for all the testnets. Staking rewards have no lockup period. Testnet participants are now facing a one-year lock on their rewards, which will remain inaccessible until September 4, 2025. Despite earlier assurances, participants find themselves subject to a lockup while the team and insiders continue to accumulate staking rewards. With daily inflation and heavy insider staking, the team will have amassed millions of Aleo tokens long before testnet rewards are unlocked. ➤ KYC and Reward Checker: Delays and Complications To make matters worse, testnet participants still cannot access their rewards. ・KYC is mandatory for claiming rewards, but the process remains unavailable. ・Additionally, the reward checker is not live, leaving participants in limbo, unable to stake their tokens without completing KYC. ➤ Unanswered Questions ・Why were these crucial changes to the lockup and staking policies only disclosed after the mainnet launch? ・Why are KYC and the reward checker still unavailable, further complicating access to testnet rewards? ・How does the team justify a token distribution model that leaves the majority of circulating supply in the hands of insiders? Now the post from Aleo's CEO looks rather ironic. x.com/apruden08/stat… ➤ What’s the bottom line? There are still unanswered questions surrounding Aleo’s current situation, and the community is eagerly awaiting clarity. We hope the Aleo team will address these concerns and provide transparency to dispel any misunderstandings. We look forward to seeing how they navigate this moving forward.

📈 The XP prizes at @venom_network_ keep growing with each stage! The leaderboard battle is heating up 🔥 #VenomNetwork #JoinTheChallenge

🥳 @venom_network_ just announced their new partners! Earn even more rewards through their apps. Loving this journey! #VenomNetwork #CryptoRewards

Just deployed my GM contract on rhino.fi! Interact & boost your interactions & say GM back on : app.rhino.fi/deploy-contrac… don't miss the opportunity to deploy your own contract for a chance to earn from every interaction! 💰

I earned The Blacksmith’s favor and met the local town folk on The New Frontiers Quest! nfq.thebeacon.gg/missions/story…

I tried the fabled Hammer Stout in the New Frontiers Quest! nfq.thebeacon.gg/missions/story…

I just began my journey on The New Frontiers Storyline! nfq.thebeacon.gg/missions/story…

🚀 @venom_network_ Stage 3 is live with exciting new tasks! I’m curious & can't wait to see what's next! 💎 #VenomNetwork #NextLevel

I survived a swarm of Pebblemites in The New Frontiers Quest! nfq.thebeacon.gg/missions/comba…

I passed the first Combat Trial for The New Frontiers Quest! nfq.thebeacon.gg/missions/comba…

The New Frontiers Quest is now LIVE! The Beacon's latest Play2Airdrop and Play2Whitelist experience is here. Jump right in👇 nfq.thebeacon.gg

🤔 Still undecided about @venom_network_? What are you waiting for? Join the future of quests today! #VenomNetwork #Web3 #GetInvolved

Venom Quests: Season 2 is Here! Following the success of Season 1, we're excited to launch Season 2 with massive rewards and new opportunities! 🗓️ Starts: 8:10 pm UTC | June 3rd What's New: - Venom Cases with NFTs, Memetokens, $Venom tokens, and more! - 6 stages with 40+ tasks (participants must complete at least 13) - Early Participant NFT holders receive a 1.5x XP boost - Special giveaway days will reward random participants with prizes! Testnet User Rewards: All Venom testnet users will receive a case at the end of Season 2! Season 2 Rewards: Total Pool: 10M $VENOM 1st Place: 50K $VENOM 👉Please read our full guide for detailed info on Season 2: @Venom_network_/second-season-of-venom-quests-is-here-8e4349bd1ed8" target="_blank" rel="nofollow noopener">medium.com/@Venom_network…