# $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](https://etherscan.io/token/0x1e4746dc744503b53b4a082cb3607b169a289090) *Bridged IPOR:* * Arbitrum [0x34229B3f16fBCDfA8d8d9d17C0852F9496f4C7BB](https://arbiscan.io/address/0x34229B3f16fBCDfA8d8d9d17C0852F9496f4C7BB) * Base [0xbd4e5C2f8dE5065993d29A9794E2B7cEfc41437A](https://basescan.org/address/0xbd4e5C2f8dE5065993d29A9794E2B7cEfc41437A) 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ipor.io/dao-governance/tokenomics/usdipor-token-legacy/usdipor-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.