Initial Tokenomics: Total Supply of 1 Billion, Airdrop Allocation of 5%

BlockBeats News, April 21st, Full-chain Rollup L1 network Initia announced its tokenomics. Initia's native token INIT has a total fixed supply of 1 billion, with 5% allocated for airdrops.

Additionally, the foundation holds 7.75%, protocol developers hold 15%, protocol sales hold 15.25%, and for initial CEX liquidity bootstrapping, 6% of the total supply is allocated to a Binance listing event.