Story Protocol hinted the launch of its token $IP 

So lets talk about why it is inevitable for 
@StoryProtocol
 to launch its token $IP and what is its utility

Story protocol is a Layer 1 blockchain so it is compulsory to lauch $IP to use its native token as gas fee

Staking of $IP is to maintain its blockchain security as Story is Proof-of-Stake consensus mechanism

$IP allows its user to participate in governance decisons of its protocol

$IP total supply is one billion out of which 25% will be intially circulate in makret

Story Protcol will intially distribute around 38.5% of its supply to community and ecosystem who helped in growth of their protcol

Further detail in their official announcement:
https://story.foundation/blog/introducing-ip

If this info is helpful show some love 🔁❤️

Story Protocol hinted the launch of its token $IP 

So lets talk about why it is inevitable for 
@StoryProtocol
 to launch its token $IP and what is its utility

Story protocol is a Layer 1 blockchain so it is compulsory to lauch $IP to use its native token as gas fee

Staking of $IP is to maintain its blockchain security as Story is Proof-of-Stake consensus mechanism

$IP allows its user to participate in governance decisons of its protocol

$IP total supply is one billion out of which 25% will be intially circulate in makret

Story Protcol will intially distribute around 38.5% of its supply to community and ecosystem who helped in growth of their protcol

Further detail in their official announcement:
https://story.foundation/blog/introducing-ip

If this info is helpful show some love 🔁❤️

https://x.com/itzhereme