Initia, the innovative Layer-1 network, has announced the rollout of its INIT token with a focus on testnet participants.
What is the Initia Airdrop and INIT Token?
Initia is a cutting-edge network designed to simplify deployment and management of rollups. Its economic model is based on the INIT token, which will be distributed among early participants and project partners.
Decoding the INIT Token Airdrop Rules: Generous Allocation for Testnet Participants
Initia has allocated 5% of the total INIT token supply for the airdrop — a total of 50 million INIT tokens. The bulk, 89.46%, is dedicated to testnet participants. Remaining tokens will be distributed among ecosystem partners and community contributors.
How to Join Initia's Airdrop: Key Considerations
Testnet participants can check their eligibility on a dedicated page. After the mainnet launch, users will have 30 days to claim their tokens, following the outlined timelines and instructions.
The INIT token airdrop highlights Initia's commitment to rewarding its early supporters and aims to build a strong community.