What Is Initia (INIT)?
Initia is a blockchain ecosystem combining a Layer 1 (Initia L1) with customizable Layer 2 rollups. Built on Cosmos SDK, it simplifies app development with:
• Initia L1: Handles security, liquidity (via InitiaDEX), and communication.
• Interwoven Rollups: Flexible Layer 2 chains with customizable VMs, fees, and transaction ordering.
• Interwoven Stack: Tools for bridging, governance, and liquidity.
• InitiaDEX: DEX for cross-rollup trading and Enshrined Liquidity.
• INIT Token: Used for fees, staking, governance, and rewards (1B total supply).
• VIP Program: Rewards users and projects for activity. Launched on Binance Launchpool (April 17, 2025) with 30M INIT distributed. Initia streamlines Web3 app development with prebuilt infrastructure.
