$BEPRO and $TKAI Token Utility

Recently, we've announced the revamp of $TKAI and its utility in the TAIKAI Garden, thereby introducing our second on-chain token alongside $BEPRO. Each of our tokens plays a crucial role in the LayerX ecosystem.

Today, we have prepared an infographic to help you understand the use of each of these tokens and details about how they function within the LayerX ecosystem.

Take a look at their individual characteristics and utilities that make them truly exceptional.

Understanding the $BEPRO Token

The $BEPRO token operates within the Bepro Network, an open-source development platform that encourages decentralized outsourcing of work.

Token Utility

1. Medium of Exchange: The BEPRO token is employed as the payment method for bounty tasks within the Bepro Network.

2. Locking: BEPRO tokens can be locked to obtain veBEPRO and to earn curation rights for Bepro Network bounties if the requisite locking threshold is attained.

3. Curation: Once the locking threshold is reached, users have the privilege of creating and disputing bounty distributions and earning rewards for such activities.

4. Collation: Users can collate or borrow BEPRO against bounties to enhance their visibility and receive a portion of the bounty based on relative collation.

5. Protocol Governance: BEPRO tokens enable on-chain governance within the network.

Token Distribution and Vesting

The BEPRO token distribution covers several key areas, including:

• Long Term Network Fund

• Protocol Rewards

• Bounty Placement

• BEPRO Alliance Group

• Internal Reserve for LayerX

• Ecosystem and Developer Bootstrap Fund

The total supply of BEPRO is capped at 10,000,000,000 tokens.

The Value of the $TKAI Token

The TKAI token resides within TAIKAI Garden, a platform designed to nurture entrepreneurship by granting access to funding and expertise.

Token Utility

1. Medium of Exchange: TKAI functions as a medium of exchange for accessing distinct services on the TAIKAI platform.

2. Locking: TKAI can be locked for a certain period in return for veTKAI, thereby achieving curation rights over the Innovation Sandbox’s projects once the locking threshold is reached.

3. Staking: Converting TKAI to veTKAI confers voting power to the curators over which projects receive rewards.

4. Rewards: TKAI motivates desirable actions within the TAIKAI community by rewarding hackathon participants and TAIKAI Garden projects and curators.

Token Distribution and Vesting

The distribution of the TKAI token involves several elements, including:

• Hackathon Rewards

• Innovation Farming

• Team, Equity Partners, and Advisors

• Hacker External Communities

• Liquidity Provision

The total supply of TKAI is capped at 300,000,000 tokens.

So there you have it - $BEPRO and $TKAI, each providing value in their respective realms within the LayerX ecosystem. From bounties to hackathons, from rewarding creativity to powering innovation - they're not just tokens - they're enablers of opportunities.

Remember, it's not just about #HODL, it's about being part of a growing community. Our mission goes beyond tech. We're building a community that’s driven by innovation, growth, and a shared vision of a decentralized future.

So why wait? Join us and become part of LayerX

Whether you're a seasoned developer, a web3 enthusiast or someone who's just starting out, there's a place for you in our community 💜

Join our Discord, we look forward to meeting you there!