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Interlink’s $ITLG Burning System Begins September 2025

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Interlink’s recent months have been defined by a focus on tokenomic design. Its $ITLG burning system begins on September 1st, 2025.

Jon Wang

August 28, 2025

Interlink, the project tasked with developing the so-called ‘Human Network’ introduced its dual-token model in June 2025, with an updated whitepaper that outlined the roles of its two tokens: $ITG and $ITLG.

 

With $ITG acting as a reserve asset, and $ITLG representing active participation by real humans with the network, its latest announcement involves the latter of the two tokens.

 

On August 28, 2025, Interlink announced that its new ‘$ITLG Burning System’ would be fully implemented, beginning September 1, 2025.

 

This new system is designed to create additional scarcity for $ITLG, beyond its 100 billion token supply, and preserve value by diminishing the asset’s supply over time. It also serves a key role in ensuring active participation from the network’s community of human nodes.

What is Interlink’s $ITLG Token?

$ITLG, or the ‘Interlink Genesis Token’, serves multiple purposes within the project’s ecosystem.

 

It plays a core role in network governance, with $ITLG holders able to vote on core governance proposals, to help shape the future of the Interlink ecosystem.

 

The asset is also crucial to the network’s incentive mechanisms, with holders able to “Receive token incentives from projects building on the Human Network — proportional to $ITLG holdings and participation level”, per the project’s official whitepaper.

 

Beyond this, the token further serves as a payment currency for Interlink’s developing network of ‘mini-apps’ and also provides holders with early access to launchpad allocations and whitelists, regarding new projects within the Interlink ecosystem. 

 

$ITLG token allocations
Distribution of the $ITLG token (official whitepaper)

 

The asset’s allocation breakdown is simple, with 80% of the initial 100 billion tokens earmarked for Interlink’s famous ‘Human Node Miners’ and the remaining 20% reserved for network incentives and rewards.

Interlink’s $ITLG Burn System

Though the $ITLG burn mechanism does not appear to be explicitly mentioned in Interlink’s official whitepaper, it is a mechanism that many in the Interlink community will already be familiar with.

 

According to its official announcement on X/Twitter, the new mechanism is designed specifically to tighten $ITLG’s supply. The communications highlight successful burn mechanisms implemented by other crypto projects. Most notably, Ethereum:

 

“Throughout blockchain history, token burning has consistently proven its role as a mechanism to preserve value and create scarcity”, reads the official announcement.

 

However, beyond maintaining scarcity, Interlink’s new mechanism is also “closely tied to verification in blockchain migration”.

 

The burn mechanism itself is further designed to penalize human nodes that become inactive within the network. Inactivity is herein defined as a lack of participation within the network’s transaction verification processes.

 

The mechanism operates on a simple formula which ensures that prolonged inactivity ultimately results in the complete depletion of an inactive node’s rewards. This is key to incentivizing consistent participation from nodes that are crucial to the smooth functioning of the network. 

 

To learn more about the Burn Mechanism itself and its detailed design, visit BSCN’s previous breakdown

 

Interlink announces its $ITLG burning system
Interlink's announcement that $ITLG burns begin on September 1, 2025 (X/Twitter)

Interlink’s Next Steps

For some, the natural next step for Interlink would be the full launch of ‘verified’ tokens, able to be listed on exchanges. However, with little news or announcements regarding a concrete launch, the Interlink community may be waiting longer still, with many hoping for a Q4 milestone.

 

What seems more likely, however, is further updates and announcements regarding the project’s unique dual-token design. Perhaps an update on the results of implementation of the burn mechanism, after the September 1 implementation date. 

 

With that said, one thing is for certain, the next few months are going to be pivotal for the Interlink development team, both in terms of maintaining momentum and implementing smoothly and meeting community hopes and expectations.

Sources:

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Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].

Author

Jon Wang

Jon studied Philosophy at the University of Cambridge and has been researching cryptocurrency full-time since 2019. He started his career managing channels and creating content for Coin Bureau, before transitioning to investment research for venture capital funds, specializing in early-stage crypto investments. Jon has served on the committee for the Blockchain Society at the University of Cambridge and has studied nearly all areas of the blockchain industry, from early stage investments and altcoins, through to the macroeconomic factors influencing the sector.

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