#IKA# #IKA# Ika token issuance on the SUI blockchain is used for paying gas fees and staking token for nodes, affecting node voting weight and sharing transaction fees. Ika has been highlighted multiple times by Franklin Templeton (Franklin Templeton )! The Franklin Fund has repeatedly focused on the SUI infrastructure ika!!! Its features include:

1. Performance can be scaled up to 10,000 tps, meeting institutional-level demands and instant applications.
2. Built on Sui, directly controlling native assets without the need for cross-chain or wrapping.
3. Focus on 2PC-MPC without using smart contracts.
4. The overall token economics of ika is as follows:
6%: Airdrop
8.25%: Ecosystem Incentives
46%: Treasury
23%: Early Contributors
16.75%: Early Investors
If it is benchmarked against Walrus, the ika price is about 0.21 to 0.23. As an infrastructure built on SUI, it can benchmark the decentralized storage protocol Walrus on SUI, and about 30% of the initial supply is similar to Walrus. Walrus has a circulating market cap of 650 million, with a fully diluted market cap of 2.35 billion, and about 27% of the total supply is in circulation in the market. If the circulating market caps of the two are compared, the ika price is about 0.2167. If the fully diluted market cap is compared, the ika price is about 0.235.