$IPOR Token
The IPOR token is the protocol's native token issued to the parties involved with the project: builders, investors, liquidity providers, and the like. It's an ERC20 token issued on L1 Ethereum.
Total supply
At the inception, 100.000.000 tokens were minted and transferred to all appointed addresses:
0x1e4746dC744503b53b4A082cB3607B169a289090 (opens in new tab)
Bridged IPOR:
- Arbitrum 0x34229B3f16fBCDfA8d8d9d17C0852F9496f4C7BB (opens in new tab)
- Base 0xbd4e5C2f8dE5065993d29A9794E2B7cEfc41437A (opens in new tab)
The minting function has been removed from the contract; hence no additional token will ever be minted.
Philosophy
The intention behind the IPOR token is to enable the protocol users to take ownership of the IPOR Protocol as it transitions to a fully decentralized DAO. Everything is geared towards achieving that goal: from the number of tokens, emission strategy, and allocations to how the liquidity mining is designed. The IPOR Protocol will be DAO governed and the IPOR token is a way to hand over ownership to its users.