PANews reported on May 9th that according to Ika's announcement, the economic mechanism for the core token IKA of the parallel multi-party computation (MPC) network, which will soon be launched on the Sui blockchain, has been officially released. The initial total supply of IKA is 10 billion tokens, with over 50% allocated to the community. The first round of airdrop will distribute 600 million tokens upon mainnet launch. IKA will be used to pay network fees, node staking, security guarantees, and decentralized governance, and will implement a dynamic market pricing mechanism based on the computational costs of different cryptographic operations. The complete allocation plan will be announced before mainnet launch.
MPC Network Ika announces token economic model, 600 million IKA will be airdropped after mainnet launch
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