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Home » Layer2 Protocol Saakuru Launches Season 1 Masturbation Event, Collaboratively Sharing $SKR Tokens and USDC
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Layer2 Protocol Saakuru Launches Season 1 Masturbation Event, Collaboratively Sharing $SKR Tokens and USDC

By adminMay. 3, 2024No Comments5 Mins Read
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Layer2 Protocol Saakuru Launches Season 1 Masturbation Event, Collaboratively Sharing $SKR Tokens and USDC
Layer2 Protocol Saakuru Launches Season 1 Masturbation Event, Collaboratively Sharing $SKR Tokens and USDC
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Web3 User-Centric Layer2 Protocol
Saakuru, based on the OP Stack architecture, will start its first season on April 26th on two platforms simultaneously. The Gainz platform will continue until May 3rd, and the Taskon platform will continue until May 17th.
(Background:
Optimism allocates 850 million OP rewards to the RetroPGF ecosystem! At the end of the month, 90 million OP will be unlocked.
)
(Supplementary background:
Optimism proclaims alliance with brother: Base may receive 118 million OP sponsorship in the future.
)
Table of Contents
$SKR Token and USD Prize Pool
Innovation and Rarity of $SKR
Innovation in DeFi Layer: Taffy DEX
Governance and Protection Mechanism
Unique Strategies for Token Demand
This article is a sponsored article written and provided by Saakuru, and does not represent the position of the platform, nor is it an investment recommendation, purchase or sale advice. See the responsibility warning at the end of the article for details.
Web3 User-Centric Layer2 Protocol
Saakuru, based on the OP Stack architecture, aims to create a “zero transaction fee” frictionless experience for any cryptocurrency application scenario. The Saakuru developer module is user-friendly and can add Web3 functionality to any product within a day, making the transition from Web2 to Web3 development efficient and seamless.
Backed by strong financing backgrounds such as Shima Capital, Tribe Capital, HashKey, etc., Saakuru provides $SKR tokens and USDC reward pools to all early interacting users, who can participate through the two platforms.
Gainz: This platform distributes a $1.5 million $SKR token prize pool, providing participants with generous incentives. New challenge tasks are released daily on this platform, and participants who complete these tasks will receive corresponding scores, which will accumulate into the user’s total activity score.
Taskon: This platform distributes 500,000 $SKR tokens and a $9,000 USDC prize pool for competition. The Taskon platform also updates tasks daily, each with specific scores to increase the user’s total activity score.
Activity Schedule: The first season will start on April 26th on both platforms simultaneously. The Gainz platform will continue until May 4th, and the Taskon platform will continue until May 17th.
For the rewards of the main Gainz platform, 25% of the $SKR tokens will be airdropped within 7 days after the token cap. The rest will be allocated on the Saakuru Portal for a 60-day lock-up period.
For the rewards of Taskon, 25% of the $SKR tokens will be airdropped on May 18th. The rest will be allocated on the Saakuru Portal for a 40-day lock-up period.
$SKR token is a functional token that combines utility and governance. One major feature of the $SKR token is its burning deflation mechanism, which continuously reduces the total circulating supply of tokens, increasing its scarcity and potential value.
For the token deflation mechanism designed for developers and users
As the technical research and development institution of the protocol, Saakuru Labs is responsible for the diversification and services of product development, each with an independent business model. In order to support the value appreciation of the token, Saakuru Labs promises to use 10% of its profits to repurchase and burn $SKR tokens. This ratio is evaluated quarterly to adapt to market and business changes.
In the DeFi field, Saakuru implements innovation through the Taffy DEX technology, which extracts slight transaction fees (0.005%) from on-chain and cross-chain transactions using its protocol mechanism. These transaction fees will be converted into $SKR tokens and burned, thereby driving the token’s value.
In terms of governance, the $SKR token serves as the primary voting tool, supporting token holders’ participation in the decision-making process. Furthermore, when the audit process is initiated, 5% of the tokens will be burned. In addition, to enhance system security, if the token protection mechanism is triggered, the reserved 3% of SKR tokens will be automatically burned.
The Saakuru protocol has created a credit-based system to maintain its blockchain’s gas-free operation, which helps reduce transaction costs and accelerate the ecosystem’s growth. Developers can obtain credit points by staking $SKR tokens, and these points will be updated at the beginning of each month based on the amount staked.
Furthermore, as the ecosystem becomes more active, the demand for $SKR tokens will naturally increase. This model strengthens the role of blockchain infrastructure and encourages developers to utilize this technology in games and other web applications.
Sponsored disclaimer: The content of this article is provided by the contributor for promotional purposes and is not affiliated with the platform. This article does not intend to provide any investment, asset advice, or legal opinions and should not be construed as an offer to purchase, sell, or hold assets. Any services, plans, or tools mentioned in the promotional content are for reference only, and the final actual content or rules are subject to the announcement or explanation by the contributor. The platform is not responsible for any potential risks or losses. Readers are reminded to conduct their own careful verification before making any decisions or actions.
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