MPC Network Ika announces token economy model, and will airdrop 600 million IKA when the main network goes online

PANews|May 09, 2025 03:00
According to Ika's announcement, the economic mechanism of the parallel multi-party computing (MPC) network core token IKA, which will soon be launched on the Sui blockchain, has been officially released. The initial total supply of IKA is 10 billion tokens, of which more than 50% will be distributed to the community. The first round of airdrops will distribute 600 million tokens when the main network is online. IKA will be used to pay network fees, node staking, security guarantees, and decentralized governance, and implement dynamic market pricing mechanisms based on the computational costs of different encryption operations. The complete allocation plan will be announced before the launch of the main network.
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