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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
NA
Token Price
0.00 USD
April 16, 2025
This article is an introduction to the Base network on Ethereum.
Network Introduction
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.
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.
INIT is the native token of the Initia network. It is used for staking, governance, and paying transaction fees. INIT tokens help secure the network, enable participation in decision-making processes, and support the overall functionality of the Initia ecosystem.
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, when you unstake your INIT tokens, there is typically an unbonding period during which your tokens remain locked.
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.
Simply Staking offers high uptime, non-custodial staking, strong community support, and a proven track record across 25+ networks. By choosing us, you maximize your rewards while helping decentralize Initia.
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