Starting from 11:00 UTC on April 24, 2025, we officially list Initia (INIT) on the ONUS application:
- Off-chain transactions: Send and receive INIT with other users in the ONUS network.
- Trade: Swap from VNDC or USDT to INIT and vice versa.
Trade Initia (INIT) on ONUS:
- Track INIT/USD price today
- Track INIT/VND price today
- How to buy Initia (INIT)
- What is Initia (INIT)
About Initia
Initia is a blockchain developed using the Cosmos SDK that is designed to offer scalability and interoperability solutions. Its unique architecture consists of a Layer 1 blockchain, which serves as the base chain, and an integration of Layer 2 of scalability tools, which form a tightly knit, interwoven modular rollups network.
The Initia blockchain’s design gives developers the tools and freedom to build scalable and sovereign solutions conveniently, eliminating the user-experience challenges that characterize the fragmented multichain environment.
What is INIT?
INIT is the native coin of the Initia ecosystem, operating on Initia and can be used to:
- Transaction fees: INIT is the primary currency for paying gas fees across the network.
- Staking: Users can delegate INIT tokens to validators, helping secure the network while earning rewards.
- Governance: Token holders gain voting rights on key proposals that determine the network’s future development.
- Liquidity provision: Token holders can provide liquidity to the native DEX and earn yields.
Specifications
- Name: Initia
- Symbol: INIT
- Platform: Initia
- Type: Utility, Governance
- Total supply: 1,000,000,000 INIT
