Structure
To drive TOKI's adoption, we have launched the TOKI Point Program, a program designed to reward your contributions and engagement, at the same time as the β mainnet launch. Starting with Season 1, the program spans multiple seasons. When a new season begins, any points and boosts from the previous season will be reset. However, we are considering a system where past achievements, including those on the Testnet, will be reflected in points and boosts for upcoming Point Programs—ensuring both new and long-term participants are recognized.
TOKI Points
TOKI Points are earned through two primary categories and will be converted to TOKI tokens at each season's end.
Below is the overall formula for calculating your TOKI Points:
TOKI Points = Action Points + Loyalty Points
Action Points
Action Points are earned through daily protocol interactions. Each eligible action - such as token transfers and liquidity provision - earns you points. These points can be amplified by the Bonus Boost, which factors in your activity level, transaction size, and participation streak.
The following formula is applied for Action Points:
Action Points = (Transfer Points + Pool Points) × Bonus Boost
Bonus Boost
A multiplier mechanism is applied to Action Points. The boost rate is calculated based on multiple factors, including:
Your contributions during testnet phases
Historical volume of IBC transactions
Usage history of other bridge services
These factors are evaluated to determine your personal boost multiplier. Please refer to Action Points for more details.
Loyalty Points
Loyalty Points reward your continuous commitment to the TOKI ecosystem. Earn points through:
Early testnet participation
Community contribution
Growing the ecosystem through verified referrals
The following formula is applied for Loyalty Points:
Loyalty Points = Testnet Points + Role Points + Referral Points
Please refer to Loyalty Points for more details.
Point to Token Conversion
Each Season will end at the end of Ecosystem Phase and your Share will be calculated based on number of points you earned.
Share = Your TOKI points / Total Distributed Points
After the Phase Shift a new token allocation is unlocked and you will be able to claim $TOKI based on your Share:
Claimable $TOKI = Share * Community Incentives Phase Allocation
The conversion ensures that your contributions to the ecosystem are properly rewarded with $TOKI tokens, representing actual value within the protocol.
Target Token Allocation
A total 120,000,000 $TOKI tokens are allocated to Community Incentives (12% of total token supply)
10,000,000 in Refine Phase (for results of Season 1)
40,000,000 in Expand Phase (for results of Season 2)
70,000,000 in Accelerate Phase (for results of Season 3)
For detailed information about the TOKI token allocation structure, please refer to the TOKI Tokenomics.
Token Claims
Details will be announced as we get closer to the end of the Season. Verification mechanisms might be implemented to ensure fair distribution.
DISCLAIMER
Please note that the TOKI points program and the referral program are subject to the terms and conditions set forth by TOKI. Participation in these programs constitutes acceptance of these terms and conditions. TOKI reserves the right to modify or terminate the programs at any time without prior notice. For detailed information, please refer to the official Terms and Conditions document.
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