$BTC ested Interest Program is Initia’s novel and dominant incentive mechanism that is used to align the interests of all participants in the Interwoven Economy, including application end users, application builders, and L1 stakeholders. These rewards are wholly allocated to the community of users. VIP rewards are distributed in escrowed form and can be vested through maintaining VIP KPIs over several epochs or zapping. Similar to staking rewards, VIP rewards have an initial release rate of 7% per year (17,500,000 INIT per year).

Binance Launch Campaign