🚧✅ What Is Initia (
#INITisComing ?
Initia is a blockchain project combining a Layer 1 chain with customizable Layer 2 rollups. It offers developers an easy way to launch and manage decentralized apps with built-in tools for things like governance, bridging, and liquidity.
Key Features
Layer 1 (Initia L1): Acts as the core network, built using the Cosmos SDK. It handles coordination, liquidity (via InitiaDEX), and rollup communication.
Interwoven Rollups: Customizable Layer 2 chains that developers can tailor with different virtual machines, fee models, and transaction rules.
Interwoven Stack: A toolkit to simplify rollup creation and management, offering SDKs, standards, and infrastructure.
InitiaDEX: A native decentralized exchange that supports both common and advanced token swaps across rollups and enables liquidity sharing.
Incentives and Ecosystem
VIP Program: Rewards users and projects with INIT tokens for contributing to network growth (e.g., TVL, activity, governance).
Ecosystem Tools: Includes a dashboard, block explorer, name service, and multisig wallet support.
INIT Token Use Cases
Pays for transaction fees
Used for staking and securing the network
Powers governance decisions
Distributed through reward programs
Binance Launchpool
INIT was added to Binance Launchpool on April 17, 2025, with 30 million tokens allocated (3% of total supply). Users could farm INIT by staking BNB, USDC, or FDUSD.
Conclusion
Initia aims to streamline Web3 development by offering a complete, scalable,