Initia announces INIT token economics: 1 billion pieces, airdrop accounts for 5%

PANews reported on April 21 that the full-chain Rollup L1 network Initia announced the economics of INIT tokens, with a total supply of 1 billion pieces, of which 5% are used for airdrops. In addition, the foundation accounts for 7.75%, the protocol developers account for 15%, and the protocol sales account for 15.25%. For initial CEX liquidity guidance, 6% of the total supply is allocated to Binance online activities.