Initia[INIT]
Initia is a decentralized blockchain protocol that integrates Layer 1 and Layer 2 technologies into a unified architecture, aiming to solve the fragmentation in the multi-chain ecosystem.
Initia provides developers with a modular, scalable platform called the "Interwoven Stack," enabling deployment of customizable Layer 2 rollups ("Minitias") that support multiple virtual machines like EVM, MoveVM, and WasmVM. Initia allows users to stake assets from Ethereum and Cosmos, supports efficient cross-chain interoperability, and introduces innovations like "Enshrined Liquidity," combining staking with liquidity provision to enhance security and capital efficiency.
The INIT token is the native cryptocurrency powering the Initia network, used for transaction fees, staking, governance, and cross-rollup operations. With a total supply of 1 billion tokens, 14.88% was in initial circulation at the mainnet launch on April 24, 2025. Backed by major investors such as Binance Labs and Delphi Digital, Initia aims to enable a unified multi-chain experience for DeFi, gaming, and other dApp use cases while facilitating ecosystem growth through a Vested Interest Program (VIP) for developers.
The INIT token is the native cryptocurrency powering the Initia network, used for transaction fees, staking, governance, and cross-rollup operations. With a total supply of 1 billion tokens, 14.88% was in initial circulation at the mainnet launch on April 24, 2025. Backed by major investors such as Binance Labs and Delphi Digital, Initia aims to enable a unified multi-chain experience for DeFi, gaming, and other dApp use cases while facilitating ecosystem growth through a Vested Interest Program (VIP) for developers.
Layer 1 (L1)Layer 2Binance Launchpool