Taikonomics
Taiko is a type 1 zkEVM L2 which uses ETH as a native token to pay for fees. This design makes value capture more difficult; Taikonomics is a token economic architecture which captures value to TKO in accordance with technical and design constraints.
About
All of the info is in the presentation in the slides. Users --- Users pay in ETH - Captures value to ETH - Aligns with Ethereum ecosystem & promotes Ethereum network health Optimize for cheap tx's - see in other design components Pay proposers in ETH, not TKO, to minimize user friction while accruing value to ETH Proposers No capital requirements - Minimizes proposers' barriers to entry --> Maximizes # of proposers --> decentralization ----> We want deceentralization of proposers because this ultimately drives down users' costs Stakers subsidize proposers' required fees to provers in exchange for a DAO-set variable % of tx fees.
How it's made
I followed the Eat Sleep Crypto / Token Dynamics Demand-Side Tokenomics framework https://www.youtube.com/watch?v=I_4QbbZJjsA Include one bespoke tokenomic mechanism, designed to temporarily subsidize user fees with a mint-and-burn model Also included staking pools to map the value of ETH flowing through the system to the value of all circulating TKO.