PANews reported on May 9 that according to the Ika announcement, the economic mechanism of IKA, the core token of the parallel multi-party computing (MPC) network that will be launched on the Sui blockchain, has been officially released. The initial total supply of IKA is 10 billion, of which more than 50% will be allocated to the community, and the first round of airdrops will distribute 600 million tokens when the mainnet is launched. IKA will be used to pay network fees, node staking, security and decentralized governance, and implement a dynamic market pricing mechanism based on the computing costs of different encryption operations. The complete distribution plan will be announced before the mainnet is launched.