What Is Taker Protocol (TAKER) and How Does It Work?
Taker Protocol (TAKER) is an innovative
Bitcoin Incentive Layer built as an
EVM-compatible Layer-1 blockchain. It aims to unlock the full potential of Bitcoin by turning passive
BTC holdings into active, yield-generating assets. The protocol achieves this by supporting Bitcoin Liquid Staking Derivatives (LSDs) and other BTC-native tokens, enabling users to access decentralized finance (DeFi) features like swapping, lending, and
staking. With cross-chain liquidity aggregation, Taker allows seamless asset flows between Bitcoin and various blockchain ecosystems without relying on traditional bridges.
At the core of Taker’s ecosystem is its novel Nominated Proof-of-Liquidity (NPoL) consensus mechanism. Unlike traditional staking, NPoL ties
validator incentives directly to real liquidity contributions, ensuring that both network security and liquidity provisioning are aligned. Users can participate in Taker’s ecosystem through two key reward systems: Lite-Mining and Sowing. Lite-Mining allows participants to run light nodes and complete daily tasks to earn “Diamonds,” while Sowing offers an educational, task-based funnel where users earn rewards for onboarding actions. These Diamonds will later convert to $TAKER tokens during the Token Generation Event (TGE).
Taker Protocol also features DeFi products such as Taker Swap, an
AMM DEX optimized for BTC LSDs, and Taker Lend, a lending platform where users can borrow stablecoins against BTC derivative collateral. With a capped total supply of 1 billion $TAKER tokens and a roadmap that includes ecosystem expansion and TradFi integration, Taker positions itself as a key player in bridging Bitcoin liquidity to DeFi. Its accessible, zero-capital entry points and developer-friendly design make it a promising option for both retail users and
dApp builders.
When Was Taker Protocol Launched?
Taker Protocol was founded in 2021 by a team passionate about integrating Bitcoin into DeFi. One key figure behind the project is Angel Xu. The protocol raised $3 million in seed funding in September 2021, backed by notable investors such as Electric Capital, Dragonfly Capital, DCG (Digital Currency Group), Ascensive Assets, The Spartan Group, Sfermion, The LAO, Morningstar Ventures, HashKey Capital, SevenX Ventures, and GSR Markets.
Taker Protocol Roadmap Milestones
• Q1 2025: Foundation was officially laid with the launch of the Lite‑Mining Node, introducing zero-capital, task-based participation aimed at onboarding new users.
• Q2 2025: The Sowing funnel launched, attracting more than 5 million users, while development began on core DeFi products like Taker Swap and Taker Lend.
• Q3 2025: Scheduled for the Token Generation Event (TGE). A fair launch occurred on July 17, 2025, via BuildKey, supported by Electric Capital and Dragonfly, followed by trading opening on July 18, 2025 on platforms like BingX.
What Is the TAKER Token Utility?
The $TAKER token is the native asset of Taker Chain and plays a central role across the ecosystem:
1. Gas & Transaction Fees: Every action, swaps, lending, staking, validator operations, on Taker's EVM-compatible Layer‑1 uses $TAKER to pay for
gas, allowing for seamless and efficient on-chain activities.
2. Governance via $veTAKER: By locking (vesting) $TAKER into veTAKER, users gain voting power in protocol governance. They can propose and vote on upgrades, tokenomics tweaks, and network parameter changes, ensuring a community-driven evolution.
3. Security & Staking Rewards: Validators and nominators must hold (or stake) $veTAKER to participate in the Nominated Proof‑of‑Liquidity (NPoL) consensus. In return, they earn ongoing block rewards and network incentives, benefiting both security and liquidity.
4. Ecosystem Incentives: $TAKER is distributed to users who provide liquidity, use DeFi products like SWAP or LEND, participate in campaigns, and help expand the Taker ecosystem, fueling the protocol’s “economic flywheel.”
What Is Taker Protocol Tokenomics?
Taker Protocol has a fixed
total supply of 1 billion TAKER tokens.
TAKER Token Distribution
• Ecosystem & Incentives: 30% (300M), with 6.67% unlocked at TGE and the remainder linearly vested over 5 years
• Core Contributors (team/advisors): 13% (130M), 1-year cliff + quarterly vesting over 4 years
• Foundation Reserve: 12% (120M), 50% at TGE, then quarterly over ~4 years 9 months
• Investors: 15% (150M), 6-month cliff, then quarterly vesting over 18 months
• Staking & Rewards: 10% (100M), vested linearly over 5 years
• Community Pioneer: 10% (100M), 50% at TGE + monthly vesting over 9 months
• Marketing: 8% (80M), 25% unlocked at TGE, then vested over 4 years
• Liquidity: 2% (20M), fully unlocked at TGE
How to Earn TAKER Tokens on Taker Protocol
Here’s how users can earn $TAKER tokens on Taker Protocol:
1. Lite‑Mining (or “Start Mining”)
• Daily Mining Points: Visit earn.taker.xyz, connect your
MetaMask or Rabby wallet to the Taker Chain, link your X (Twitter) account, and click Start Mining every 24 hours. This grants around 24,000 Diamonds (Points) daily.
• Social Engagements: Earn bonuses by completing tasks such as following, liking, retweeting, and commenting on Taker Protocol’s social posts.
2. Taker Sowing (Task-Based Funnel)
• On-Chain & Social Actions: On sowing.taker.xyz, users complete a mix of educational and social tasks (e.g., holding a small amount of BTC, following official channels) to earn Diamonds.
• Graduated Daily Claims: Points can be claimed every 3 hours, with increasing multipliers over consecutive days (up to ×5 by day 7.
3. Referrals & Bonuses: Invite friends via your referral link to increase your Diamond accumulation—typically 500 Diamonds per friend, plus a percentage of their earned points.
4. Conversion to $TAKER Tokens: All collected Diamonds (Points) accumulate in your account and will convert into $TAKER tokens during the TGE in mid‑July 2025, distribution is based on your share of the total accumulated points.
What Blockchain Network Does Taker Protocol Operate on?
Taker Protocol runs on its own native EVM-compatible blockchain called Taker Chain, the “Bitcoin Incentive Layer,”which uses the native $TAKER token for gas and on-chain operations. It launched its
mainnet under Chain ID 1125, with the RPC endpoint rpc-mainnet.taker.xyz and its official block explorer at explorer.taker.xyz. This setup ensures full interactivity via popular Ethereum-compatible wallets like MetaMask, making swap, swap, borrowing, staking, validator onboarding, and voting workflows seamless, all powered by Taker's purpose-built Layer‑1 infrastructure.
Which Wallets Support TAKER Tokens?
You can store and trade TAKER tokens directly on BingX, which offers integrated wallet support, real-time spot trading, and seamless deposit/withdrawal functionality, making it the simplest way to manage your TAKER holdings on the platform.
Beyond BingX’s internal wallet, TAKER is compatible with any
Ethereum-compatible (EVM) wallet, since the protocol runs on its own EVM-based chain (Chain ID 1125). This includes popular options like MetaMask, XDEFI, and Unisat, all supported by Taker’s official interfaces for actions like Lite‑Mining, Sowing, and swaps. For users seeking enhanced usability and security, Rabby Wallet is a great choice. It offers advanced features such as automatic network switching, transaction simulation, risk scanning, and a unified address book across EVM chains. You can even import your MetaMask or
hardware wallet (like
Ledger) into Rabby and use it to interact safely with Taker Protocol via its dApps.
Is Taker Protocol (TAKER) a Good Investment?
Taker Protocol (TAKER) represents a compelling investment opportunity for several reasons. First, it targets the massive “Bitcoin-to-DeFi” (BTCFi) market by enabling users to earn yield on BTC through swaps, lending, and staking, all secured by its unique Nominated Proof‑of‑Liquidity (NPoL) consensus mechanism underpinned by fast BABE and provable-finality GRANDPA protocols. Its full EVM-compatibility ensures seamless integration with Ethereum-based tools and wallets, dramatically lowering adoption barriers and tapping into a vast developer ecosystem.
Second, structured
tokenomics and institutional support strengthen its long-term outlook. The protocol has executed a well-balanced launch with transparent token distribution and vesting schedules, designed to minimize sell pressure and align incentives. Backed by top-tier investors like Electric Capital, Dragonfly, HashKey, and DCG, Taker has both capital and credibility to accelerate development and adoption . Additionally, the ongoing airdrop and engagement campaigns, featuring a $30M TAKER prize pool, have successfully onboarded early users and generated community momentum . These foundational elements position TAKER as a strong candidate for future BTCFi growth and investor returns.