Ika, formerly known as dWallet Network, is a parallel network focused on blockchain interoperability and secure multi-party computation (MPC), aiming to enhance the security and efficiency of cross-chain interactions through technological innovation.
After researching, I found that Ika's technology has already been implemented in multiple key areas within the Sui ecosystem:
Cross-chain DeFi interoperability: Supporting instant liquidity transfer between mainstream chains like Bitcoin and Ethereum and Sui, for example, introducing BTC into programmable DeFi scenarios in the Sui ecosystem.
Decentralized custody: Providing secure asset custody solutions for institutions and individuals, in compliance with regulatory requirements.
Chain abstraction: Combining Sui's zkLogin feature to simplify users' cross-chain operation experience.
AI agent security: Setting permission boundaries for on-chain AI applications through MPC technology to prevent unauthorized asset operations.
Programmable Bitcoin: Allowing direct programming of native BTC on Sui to expand its application scenarios in DeFi.
How to participate in the airdrop?
Currently, participation in the airdrop can be achieved through NFT staking and Sui staking, but since NFTs surged in value after Sui announced its strategic investment yesterday, it may be wise to wait for the price to drop before participating, or you can buy Sui to stake and participate.