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STAKE TOKEN
Initia (INIT)
Initia offers modular blockchain architecture, facilitating secure and scalable application-specific chains for diverse use cases.
APR --
Total Stake
NA
Market Cap
20.72MUSD
Token Price
0.1186 USD
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Initia is a decentralized blockchain platform designed to facilitate the creation and management of decentralized applications (dApps) and smart contracts. It focuses on providing a secure and scalable infrastructure for developers and businesses to build and deploy blockchain-based solutions. INIT is the native token of the Initia network, used for staking, governance, and paying transaction fees.
Initia employs a combination of advanced consensus mechanisms and modular architecture to ensure high performance and scalability. Its security protocols are designed to protect against attacks and vulnerabilities, providing a robust environment for dApps and smart contracts.
You can Stake Initia through our Initia Staking Dashboard. Just follow above “staking” link and connect your wallet with the Dashboard. Once connected, chose the amount to delegate and verify it with your Wallet. Initia uses a Proof-of-Stake (PoS) consensus mechanism. By delegating your INIT tokens to a validator like Simply Staking, you contribute to network security and governance while earning staking rewards.
Staking INIT helps secure the Initia network while earning rewards in the form of additional INIT tokens. It also allows you to participate in on-chain governance by voting on key proposals.
Yes, the unbonding period in Initia is 21 days. During this time, your INIT tokens will be locked and non-transferable.
Staking rewards on Initia are distributed continuously and can be claimed at any time. The frequency and amount depend on network performance and validator commission.
Yes, Initia allows redelegation, which means you can move your staked tokens from one validator to another.
Enshrined Liquidity allows users to stake INIT-paired LP tokens, combining staking rewards with LP benefits.
Yes, they sure can. Simply Staking supports institutional-grade staking solutions for Initia, which may include custom arrangements for funds, custodians, exchanges, or direct validator services.