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Cryptocurrency News Articles
Initia Launches Mainnet with 1 Billion INIT Supply and Community-First Airdrop
Apr 25, 2025 at 11:12 pm
Initia has officially launched its mainnet — a major step toward building a modular, interconnected multichain future. To mark the occasion, the team has launched the long-awaited INIT airdrop.
Key Takeaways:
* Initia has launched its mainnet and, to mark the occasion, the team has launched the long-awaited INIT airdrop. A total of 5% of the 1 billion token supply—50 million INIT—will be distributed to early supporters, testers, and the broader community.
* After May 24, 2025, the claim portal will close. The airdrop allocation is designed to broadly reflect the level of contribution and engagement with Initia throughout 2023.
* As announced previously, the team and internal contributors will not be receiving any airdropped tokens.
* Of the 1 billion INIT tokens, 25% are locked in a unique liquidity and staking mechanism called Enshrined Liquidity (EL), which is designed to provide decentralized exchange (DEX)s with deep liquidity.
* To encourage positive behavior at all levels of the Interwoven Economy—from regular end users to professional dApp builders—15.25% of the tokens are dedicated to a Vested Interest Program (VIP) rewards structure.
* Investors from Initia’s three fundraising rounds receive 15.25% of the INIT token supply. The group prioritizes low dilution and locked liquidity; this is supplemented by the fact that these tokens will accordingly have a 4-year vesting schedule (1 year locked, 3-year linear release).
* Backers of Initia include YZi Labs, Delphi Ventures, and Hack VC, who reportedly invested over $24 million. For long-term development, 15% of INIT is reserved for the core team and future contributors, which is subject to the same vesting schedule as the investors.
* The Initia Foundation is responsible for ecosystem development and managing strategic projects like validator delegations and grants going forward. The tokens dedicated to the foundation are necessary for providing early-stage liquidity support and extending the ecosystem’s reach.
* In order to bootstrap liquidity of centralized exchanges, Initia has partnered with Binance to allocate 60 million tokens (6%) for launch-related campaigns, ensuring healthy price discovery and smooth user onboarding during the Token Generation Event (TGE).
Initia has officially launched its mainnet—a major step toward a modular, interconnected multichain future. As the startup rolls out its decentralized ecosystem, it’s also introducing the INIT token to the public domain with a community-first approach.
Out of the 1 billion INIT tokens, 5% are allocated for a broad airdrop to testers, feedback providers, and other engaged community members. The airdrop will remain open for 24 months from the mainnet launch date, during which time eligible users can claim their allocated tokens by visiting and interacting with Initia’s official airdrop portal.
The airdrop is split among:
* 1% for Echo.xyz Sale: These tokens are allocated to supporters from the Echo.xyz investment round and will vest in four equal tranches between 12 and 24 months after the mainnet launch.
* 4% for broader community members: A portion of the airdrop tokens will be distributed to members of the broader Web3 community.
The startup’s mainnet launch marks the culmination of two years of development, testing, and community feedback. Along the way, Initia has secured over $24 million in funding from prominent blockchain investors, including YZi Labs, Delphi Ventures, and Hack VC.
The startup is focused on providing the technical and economic framework for a vivid, decentralized future, where users can seamlessly interact with the blockchain in meaningful ways. To this end, Initia is building a modular ecosystem of chains, each specialized for a unique purpose and collectively forming a vibrant Interwoven Economy.
“We’re not focused on making a chain to be the center of everything, but rather to create the best conditions for diverse chains to flourish in a complementary fashion,” said the Initia team. “Our goal is to build an interconnected multichain future, not one defined by competition but by cooperation and shared success.”
To foster this vision, Initia is introducing a unique token model that deviates from conventional wisdom and instead prioritizes balanced incentives, long-term sustainability, and robust protocol security.
At the heart of Initia’s economic system lies Enshrined Liquidity, a novel mechanism that combines the strengths of PoS staking and DEX liquidity provision. Through EL, liquidity providers contribute to securing the network and are rewarded with staking yields, trading fees, and broader ecosystem incentives.
In contrast to traditional staking systems where tokens are simply locked, Enshrined Liquidity ties economic security directly to real liquidity provision, creating a more capital-efficient model. The 5% annual block-by-block release rate incentivizes long-term participation.
Moreover, the EL program is designed with a balanced approach, ensuring that a significant portion of the INIT tokens will be available for broader community participation in the years to come.
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