What is Initia (INIT)?
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Core Ideas
Initia combines layer one and layer two, providing a core blockchain (Initia L1) and a network of customizable rollups, making it easier to build and manage blockchain applications.
Interwoven Stack provides innovative tools suitable for developers, including solutions for bridging, governance, liquidity, and much more.
InitiaDEX provides liquidity across the network, while the VIP program and INIT token rewards incentivize active users and projects.
Introduction
Initia is a blockchain project that combines a layer one blockchain with a network of customizable layer two rollups. Its idea is to facilitate the process of building blockchains and applications for developersโwithout having to deal with all the technical complexities that usually come with it. With the use of integrated tools and infrastructure, Initia helps create an interconnected, scalable, and user-friendly multi-chain ecosystem.
What distinguishes the Initia project
Many blockchain projects leave every decision to developers, which can slow down implementation or lead to chaotic setups, while the Initia project takes a different approach. The project predefines some tough choices regarding infrastructureโsuch as how to store data, how to communicate between blockchains, and how to use middlewareโso developers can focus on building outstanding applications.
This has led to the emergence of what is known as the Interwoven Stackโa collection of tools and systems that make it easy to launch and manage custom blockchains (also known as rollups).
How Initia Works
Initia consists of three main parts:
Initia L1: The layer one blockchain to which all other elements of the project are linked.
Interwoven Rollups: Custom layer two chains operating on Initia L1.
Interwoven Stack: A development framework that provides tools, standards, and infrastructure for building and operating rollups and applications.
Initia L1: The base layer
Initia L1 is built using the Cosmos SDK and serves as the main coordination and liquidity layer. As the foundational layer, it participates in various functions, including:
Security: Rollups connect to L1 for security features such as token binding, data verification, and fraud detection.
Liquidity: It contains an integrated decentralized trading platform called InitiaDEX, which makes it easier for users and rollups to swap tokens and share liquidity.
Communication: L1 helps different rollups communicate with each other and can also assist them in connecting with other blockchain ecosystems.
Incentives: L1 runs reward programs like the VIP program (the earned benefits program) and guaranteed liquidity.
Interwoven Rollups
Rollups are like miniature blockchains built on the Initia L1 layer. What distinguishes them is their flexibility, allowing developers to customize key aspects of their rollups, including:
Virtual machine: You can choose between the Ethereum virtual machine (for compatibility with the Ethereum network), or MoveVM, or WasmVM.
Fees and transaction costs: Do you want to use INIT or stablecoins or your own tokens, or a variety of assets? Each rollup can define its own fee systems.
Transaction ordering: Developers have the option to implement custom transaction ordering methods, which can be useful for more specific requirements.
Simply put, you can customize your own layer two blockchain without having to start from scratch.
The Interwoven Stack
The Interwoven Stack is a collection of tools that simplify the development and operation of rollups, providing you with the tools you need to launch and manage your rollup from day one. The Interwoven Stack includes:
Pre-built software development toolkits for creating rollups and integrating with Initia L1.
Native solutions for tasks such as bridging, messaging, governance, and liquidity management.
A set of standards and templates that help ensure compatibility across the entire ecosystem.
InitiaDEX Platform
InitiaDEX is the decentralized trading platform integrated into Initia L1, supporting weighted pools (like Balancer) for trading various assets and StableSwap pools for trading assets with similar values (like stablecoins).
The decentralized platform is designed to be the primary place for rollups to access and share liquidity, allowing for routine and advanced swaps through rollups, and serves as a foundation for applications that rely on deep and available liquidity.
The decentralized platform also supports guaranteed liquidity, where certain liquidity pools are approved by governance to serve as storage assets. This helps achieve alignment between network security and economic incentives with market activities.
Ecosystem rewards
To keep users and developers engaged, Initia runs a VIP program that distributes INIT tokens to rollups and users based on factors like:
Total value locked in the rollup.
On-chain activity (such as the number of transactions).
Participation in governance.
This system is designed to reward projects and users who help develop the network.
Other tools in the ecosystem
Initia also includes:
Initia App: A dashboard for exploring the ecosystem
Initia Explorer: Block explorer
Usernames on Initia: A name service that works across rollups.
Initia multi-signature wallet: A tool for managing wallets that have multiple signers.
These features are designed to make the ecosystem easier to use for developers and end users.
INIT Token
INIT is the native token of the Initia ecosystem, and here we outline its role:
Transaction fees: Used to pay transaction fees on both the layer one and qualified rollups.
Storage: Helps secure the network when users delegate their INIT tokens.
Governance: Allows holders to vote on how the network evolves.
Rewards: Used in reward programs like VIP to incentivize activity.
The total supply of INIT tokens reaches one billion tokens, part of which is allocated for reserves, part for developers, and part for users through programs like the Binance Launchpool.
INIT in the Binance Launchpool
On April 17, 2025, Binance announced that INIT tokens are the 68th project in the Binance Launchpool. Users who reserved BNB, FDUSD, and USDC tokens during the collection period qualified for INIT rewards, with a total of 30 million INIT tokens allocated to the program, representing 3% of the total token supply.
After the collection period, INIT tokens will be listed for trading on the Binance platform with an emerging token label, allowing trading against USDT, USDC, BNB, FDUSD, and TRY pairs.
Closing Thoughts
The Initia project offers a standardized and user-friendly approach for developers to build scalable blockchain applications, combining a layer one blockchain with customizable rollups and a complete toolkit for developers. Initia aims to facilitate building applications in the web 3 world without the usual hurdles that come with multi-chain setups.
