Launch Strategy
Tokan Exchange will be launching on Scroll Mainnet on May 2nd.
Launch Details
Epoch 0:
- There will be NO TKN emissions
- No bribes
- Initial Pools will be deployed, and deposit will be allowed
- TKN will NOT be trading
Epoch 1:
- TKN emissions will start flowing to key pairs
- Eligible Airdrop recipients can claim their veTKN allocation
- Initial TKN liquidity will be added and trading can commence
- Protocols can deposit incentives to influence the distribution of TKN emissions for Epoch 2
Epoch 2:
- TKN emissions will continue flowing to gauges directed by veTKN holders
- veTKN holders can claim trading fees, rewards and rebases from the previous epoch
- Last Epoch to claim airdrop. At the end of Epoch 2 any unclaimed TKN is burnt
Launch Status:
Our landing page, webapp, discord and social accounts are live.
The community airdrop will be claimable from 00:00 UTC May 9th. Claiming is allowed for 2 weeks (from 00:00 UTC May 9th till 23:59 UTC May 22nd) after which any unclaimed TKN will be burnt.
Epoch 0 is set to start on May 2nd. Deposits will be allowed, but no emissions will flow to gauges.
Epoch 1 will start on May 9th. At which point TKN Liquidity will be added and trading can initiate. Airdrop is now claimable.
Our Philosophy:
Past solidly-style DEXs excessively marketed their protocol with Airdrop contests and shilling. While in the short term this can be debatably successful, the effort fails in the long term and it quite often leads to the protocols demise.
This issue arises from the fact that this kind of marketing attracts mercenary capital, as soon as rewards decrease they leave, leading to a death spiral for the exchange.
Our protocol fundamentals are solid and will ensure long lasting, sustainable growth, the protocol speaks for itself.
While marketing is vital in boosting awareness, the strategy is critical in influencing the kind of capital attracted. Essentially our philosophy is the opposite of build fast and break things. Growth should be able to be sustained, a massive pump followed by an equal decline is detrimental to a protocol’s long term health. We aim to build solid foundations before pursuing vertical growth, ensuring stability and long term growth for Tokan stakeholders.
