Why join the airdrop?
- Disrupt the $9 trillion (!) insurance industry
- 10% of the protocol fee goes into the staking pool (rePool)
- Be the first to earn yield from the innovative Reprotection Pool (rePool)
- Pioneer the future of fair insurance alternatives - the DeFi way!
Backed by the best
How do I get started?
FAQs
The TAKA token is your all-access pass to the Takadao ecosystem! It’s designed to make everything in our Decentralized Autonomous Organizations (tDAOs) run smoothly. With TAKA, you can pay fees, stake for rewards, and join in on the community fun with governance votes. It’s all about making the Takadao experience better and more connected!
Holding TAKA Tokens makes you part of the Takadao ecosystem; which is disrupting the $9 trillion (!) insurance industry by pioneering the future of fair insurance alternatives - the DeFi way!
As a TAKA Token holder, you get:
- Staking Rewards: 10% of Takadao revenue go directly into the staking pool. Stake TAKA in the Reprotection Pool (rePool) to earn rewards and support tDAOs.
- Fee Discounts: Use TAKA to pay tDAO membership fees at a discount, making it a hot choice for payments.
- Loyalty Rewards: Earn TAKA as loyalty rewards, benefiting from the ecosystem's growth.
- Governance: Have a say in tDAO decisions by using your TAKA tokens for voting.
The actual airdropping of TAKA Tokens will be done once all 3 seasons of the campaign are done. To be more specific, that's about a month before we go live on a centralized exchange, which we're planning to do in Q2, 2025.
So make sure to complete the tasks now to qualify for when the tokens get airdropped!
In Season 2, there are 6,000,000 tokens up for grabs. How many of those you get depends on you (and, of course, on your fellow contestors): the more quests you complete, the more points you get. And the higher you are on the leaderboard, the more TAKA Tokens will be airdropped to your wallet once the airdrop takes place.
The price of the TAKA token depends on demand and supply. The more people want to join Takadao-powered DAOs, the higher the demand (and, with it, the price).
Supply is managed through staking and a buyback-and-burn program kicking off in January 2025 (after The Life DAO launches). Staking TAKA tokens lets holders earn rewards, reducing the incentive to trade. Plus, part of Takadao’s fee revenue will be used to buy back tokens, cutting down the supply.