Initia announces the INIT token economics: total supply of 1 billion tokens, 5% allocated for airdrops

ChainCatcher news, according to official information, Initia has released its token economic model, with a total supply of the native token INIT fixed at 1 billion. Of this, 7.75% is allocated to the foundation, 15% to protocol developers, 15.25% to investors, 25% to the Vested Interest Program (VIP) reward plan, 6% to Binance listing marketing, 5% to airdrops, and 1% to Echo platform sales.