Foresight News reports that Taiko has announced the launch of the Liquidity Royale: TVL Masters Edition event to incentivize TVL, with 1 million TAIKO tokens being allocated from the Trailblazers Season 2 prize pool. This allocation does not come entirely from the user rewards pool.

Taiko will conduct random snapshots of selected projects during the season to track top liquidity providers. At the end of the season, the top 100 participants will each receive 10,000 TAIKO tokens as a reward.