Ta-da’s Plan For Token and Community Growth
Ta-da’s Plan For Token and Community Growth
Ta-da’s Plan For Token and Community Growth
November 15, 2024
News
Tadz
Over the course of 3 months, Ta-da has already gathered 50 000 users generating data for AI. Our path to success is simple: getting millions of users onboard.
Over the course of 3 months, Ta-da has already gathered 50 000 users generating data for AI. Our path to success is simple: getting millions of users onboard.
Over the course of 3 months, Ta-da has already gathered 50 000 users generating data for AI. Our path to success is simple: getting millions of users onboard. This is what Phase II is about. It can only happen if our TADA token is attractive, however market conditions since our launch combined to several factors impacted our token price growth.
Each month, four factors are impacting the token’s price downwards:
Investor unlocks,
In-app rewards to users,
Overall market context and price pressure on our main reference asset, EGLD, via the TADA/EGLD pool,
Staking rewards creating inflation
Additionally, upcoming advisor and team allocations are supposed to start getting unvested in December 2024.
This brings us to introduce new measures designed to create the conditions necessary for our growing user base and data collection progress to be better reflected in the token’s market value.
Measure 1: An Extended Cliff for Investors, Advisors, and the Team
We plan to reduce selling pressure and commit stakeholders in the long run through an additional one-year cliff for the following allocations and amounts:
Private sale Investors: 8.6 million tokens unlocked each month
Team: 3.1 million tokens unlocked each month
Advisors: 1.4 million tokens unlocked each month
Note : the first token unlock for Team members and Advisors was supposed to happen on December 1st 2024. In other words, the distribution of c. 150 million TADA (15% of our total supply) will be postponed 12 more months.
By aligning all parties with a long-term vision for Ta-da, this measure, among others, will reduce monthly recurring token selling pressure by 85%.
Measure 2: Improving TADA liquidity and accessibility
To manage volatility and reduce risk, we’re diversifying TADA liquidity pools. As of today, 80% of our AMM liquidity comes from our EGLD pool and 20% from our BNB pool. To make sure we can capture the global markets appreciation of this cycle, we will diversify our LP exposure by opening new Liquidity Pools across various ecosystems:
A stablecoin pool for added stability,
An ecosystem pool, linked to our interoperability roadmap
An AI partnership pool, aligning with our mission and expanding possibilities for collaboration.
This diversification will also increase our reach, as TADA will become natively available to new ecosystems.
Over the course of 3 months, Ta-da has already gathered 50 000 users generating data for AI. Our path to success is simple: getting millions of users onboard. This is what Phase II is about. It can only happen if our TADA token is attractive, however market conditions since our launch combined to several factors impacted our token price growth.
Each month, four factors are impacting the token’s price downwards:
Investor unlocks,
In-app rewards to users,
Overall market context and price pressure on our main reference asset, EGLD, via the TADA/EGLD pool,
Staking rewards creating inflation
Additionally, upcoming advisor and team allocations are supposed to start getting unvested in December 2024.
This brings us to introduce new measures designed to create the conditions necessary for our growing user base and data collection progress to be better reflected in the token’s market value.
Measure 1: An Extended Cliff for Investors, Advisors, and the Team
We plan to reduce selling pressure and commit stakeholders in the long run through an additional one-year cliff for the following allocations and amounts:
Private sale Investors: 8.6 million tokens unlocked each month
Team: 3.1 million tokens unlocked each month
Advisors: 1.4 million tokens unlocked each month
Note : the first token unlock for Team members and Advisors was supposed to happen on December 1st 2024. In other words, the distribution of c. 150 million TADA (15% of our total supply) will be postponed 12 more months.
By aligning all parties with a long-term vision for Ta-da, this measure, among others, will reduce monthly recurring token selling pressure by 85%.
Measure 2: Improving TADA liquidity and accessibility
To manage volatility and reduce risk, we’re diversifying TADA liquidity pools. As of today, 80% of our AMM liquidity comes from our EGLD pool and 20% from our BNB pool. To make sure we can capture the global markets appreciation of this cycle, we will diversify our LP exposure by opening new Liquidity Pools across various ecosystems:
A stablecoin pool for added stability,
An ecosystem pool, linked to our interoperability roadmap
An AI partnership pool, aligning with our mission and expanding possibilities for collaboration.
This diversification will also increase our reach, as TADA will become natively available to new ecosystems.
Over the course of 3 months, Ta-da has already gathered 50 000 users generating data for AI. Our path to success is simple: getting millions of users onboard. This is what Phase II is about. It can only happen if our TADA token is attractive, however market conditions since our launch combined to several factors impacted our token price growth.
Each month, four factors are impacting the token’s price downwards:
Investor unlocks,
In-app rewards to users,
Overall market context and price pressure on our main reference asset, EGLD, via the TADA/EGLD pool,
Staking rewards creating inflation
Additionally, upcoming advisor and team allocations are supposed to start getting unvested in December 2024.
This brings us to introduce new measures designed to create the conditions necessary for our growing user base and data collection progress to be better reflected in the token’s market value.
Measure 1: An Extended Cliff for Investors, Advisors, and the Team
We plan to reduce selling pressure and commit stakeholders in the long run through an additional one-year cliff for the following allocations and amounts:
Private sale Investors: 8.6 million tokens unlocked each month
Team: 3.1 million tokens unlocked each month
Advisors: 1.4 million tokens unlocked each month
Note : the first token unlock for Team members and Advisors was supposed to happen on December 1st 2024. In other words, the distribution of c. 150 million TADA (15% of our total supply) will be postponed 12 more months.
By aligning all parties with a long-term vision for Ta-da, this measure, among others, will reduce monthly recurring token selling pressure by 85%.
Measure 2: Improving TADA liquidity and accessibility
To manage volatility and reduce risk, we’re diversifying TADA liquidity pools. As of today, 80% of our AMM liquidity comes from our EGLD pool and 20% from our BNB pool. To make sure we can capture the global markets appreciation of this cycle, we will diversify our LP exposure by opening new Liquidity Pools across various ecosystems:
A stablecoin pool for added stability,
An ecosystem pool, linked to our interoperability roadmap
An AI partnership pool, aligning with our mission and expanding possibilities for collaboration.
This diversification will also increase our reach, as TADA will become natively available to new ecosystems.
Measure 3: Staking
The reduction of staking-induced inflation began a few weeks ago, with a first APR adjustment of an initial 25% decrease on November 1st. We will continue adjusting APRs based on app usage and selling pressure over the next twelve months.
And to make sure staking remains an attractive option for TADA holders, our Daily Airdrop now factors in amounts staked by users. In other words, staking TADA directly improves app users scores, and rewards every day
Measure 4: “The Big Burn”
In order to create more value for token holders without adding inflation, Ta-da will burn a minimum of 0.20% of the total supply every day for at least 3 months. Tokens will be burned from the following slots:
Team (minimum burn: 13% of the allocation),
Treasury (min. burn: 36%),
Advisors (min. burn: 29%),
Ecosystem (min. burn: 45%),
Growth (min. burn: 36%).
The burning process will be fully transparent and visible on-chain, in-app, and through our public dashboard. This initiative is projected to remove at least 18% of the total supply encouraging activity, staking and liquidity participation. For more details, see the updated tokenomics in our documentation here: https://docs.ta-da.io/token/token-metrics
Measure 5: Airdrops Every Day
To complement the Big Burn, at least 2% of the supply will be used to reward users every day. This incentive is intended to support active participation and will attract new users that want to participate in data collection efforts. Daily rewards are vested over 6 months and will be based on an activity score determined by the following metrics:
the amount of data produced and the user’s in-app activity metrics,
the amount of TADA staked by the user,
the user’s participation in providing liquidity to our pools.
If you want to dig deeper, the reward distribution formula and further information are available in our documentation here: https://docs.ta-da.io/ta-da-app/user-rewards/daily-prize-pools
Looking Ahead with Confidence
We’re confident that these measures are the right steps forward. While we know that market forces are beyond our control, these initiatives reflect our commitment to building a strong foundation that benefits everyone in the Ta-da community. We are proud of the progress we’ve made together and excited to enter this new phase of growth and scaling.
If you have questions or want to learn more, we’re always here to support our community. Thank you for being a part of this journey with us.
Our product, is also our token
The Ta-da team
Measure 3: Staking
The reduction of staking-induced inflation began a few weeks ago, with a first APR adjustment of an initial 25% decrease on November 1st. We will continue adjusting APRs based on app usage and selling pressure over the next twelve months.
And to make sure staking remains an attractive option for TADA holders, our Daily Airdrop now factors in amounts staked by users. In other words, staking TADA directly improves app users scores, and rewards every day
Measure 4: “The Big Burn”
In order to create more value for token holders without adding inflation, Ta-da will burn a minimum of 0.20% of the total supply every day for at least 3 months. Tokens will be burned from the following slots:
Team (minimum burn: 13% of the allocation),
Treasury (min. burn: 36%),
Advisors (min. burn: 29%),
Ecosystem (min. burn: 45%),
Growth (min. burn: 36%).
The burning process will be fully transparent and visible on-chain, in-app, and through our public dashboard. This initiative is projected to remove at least 18% of the total supply encouraging activity, staking and liquidity participation. For more details, see the updated tokenomics in our documentation here: https://docs.ta-da.io/token/token-metrics
Measure 5: Airdrops Every Day
To complement the Big Burn, at least 2% of the supply will be used to reward users every day. This incentive is intended to support active participation and will attract new users that want to participate in data collection efforts. Daily rewards are vested over 6 months and will be based on an activity score determined by the following metrics:
the amount of data produced and the user’s in-app activity metrics,
the amount of TADA staked by the user,
the user’s participation in providing liquidity to our pools.
If you want to dig deeper, the reward distribution formula and further information are available in our documentation here: https://docs.ta-da.io/ta-da-app/user-rewards/daily-prize-pools
Looking Ahead with Confidence
We’re confident that these measures are the right steps forward. While we know that market forces are beyond our control, these initiatives reflect our commitment to building a strong foundation that benefits everyone in the Ta-da community. We are proud of the progress we’ve made together and excited to enter this new phase of growth and scaling.
If you have questions or want to learn more, we’re always here to support our community. Thank you for being a part of this journey with us.
Our product, is also our token
The Ta-da team
Measure 3: Staking
The reduction of staking-induced inflation began a few weeks ago, with a first APR adjustment of an initial 25% decrease on November 1st. We will continue adjusting APRs based on app usage and selling pressure over the next twelve months.
And to make sure staking remains an attractive option for TADA holders, our Daily Airdrop now factors in amounts staked by users. In other words, staking TADA directly improves app users scores, and rewards every day
Measure 4: “The Big Burn”
In order to create more value for token holders without adding inflation, Ta-da will burn a minimum of 0.20% of the total supply every day for at least 3 months. Tokens will be burned from the following slots:
Team (minimum burn: 13% of the allocation),
Treasury (min. burn: 36%),
Advisors (min. burn: 29%),
Ecosystem (min. burn: 45%),
Growth (min. burn: 36%).
The burning process will be fully transparent and visible on-chain, in-app, and through our public dashboard. This initiative is projected to remove at least 18% of the total supply encouraging activity, staking and liquidity participation. For more details, see the updated tokenomics in our documentation here: https://docs.ta-da.io/token/token-metrics
Measure 5: Airdrops Every Day
To complement the Big Burn, at least 2% of the supply will be used to reward users every day. This incentive is intended to support active participation and will attract new users that want to participate in data collection efforts. Daily rewards are vested over 6 months and will be based on an activity score determined by the following metrics:
the amount of data produced and the user’s in-app activity metrics,
the amount of TADA staked by the user,
the user’s participation in providing liquidity to our pools.
If you want to dig deeper, the reward distribution formula and further information are available in our documentation here: https://docs.ta-da.io/ta-da-app/user-rewards/daily-prize-pools
Looking Ahead with Confidence
We’re confident that these measures are the right steps forward. While we know that market forces are beyond our control, these initiatives reflect our commitment to building a strong foundation that benefits everyone in the Ta-da community. We are proud of the progress we’ve made together and excited to enter this new phase of growth and scaling.
If you have questions or want to learn more, we’re always here to support our community. Thank you for being a part of this journey with us.
Our product, is also our token
The Ta-da team
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