Introducing $iUSD, Initia’s native stablecoin. Learn about $iUSD and earn a share of $35,000 in bonus rewards ↓

iUSD new epoch is live on @initia - $15K in incentives. • $10K for iUSD net supply • $5K for iUSD borrows against all assets Up to 19.49% looped APR at current rates - breakdown below ↓

A strange thing happened in crypto. We built an industry around the idea of ownership, yet many apps don't fully own the value they create. Apps bring the users. Apps create the activity. Apps generate the transactions. Apps spend resources refining their product and community. Yet on most shared infrastructure, much of the value they create flows elsewhere. For years, the conversation around crypto infra has focused on what's best for the chain, rather than what's best for the app. We think that's backwards. The most successful apps should have more control over their economics, more flexibility over the user experience, and they should be able to grow without constantly fighting against the limitations of their infrastructure. People use Hyperliquid because they want to trade. People use Polymarket because they want to make predictions. At the end of the day, product is what matters. So the apps generating the activity should capture more of the value they create. That's the philosophy behind Initia. Build around the app. Help apps keep more of the value they create. Give builders more control over economics and user experience. If users win, apps win. If apps win, Initia wins. Everything starts there.

Trading on Strat just got basically free. Trade stocks, commodities, crypto, and more while earning back 100% of your trading fees every 2 weeks.

playing @kamigotchiworld might currently be the best way to farm $INIT btw

You missed $1,000 in free money over the last 4 months. That's what $10,000 in iUSD on @initia would have earned you averaging ~30% APR since February on Echelon. Current looped APR at 23.66%. You know what to do: app.echelon.market/markets?n…

Clock it

Revenue maxxing is simple: Stop giving up away transaction fees your users generate to someone else’s chain. Be your own chain. Keep the fees. Reinvest into growth. Build on Initia.

We had an all-time @kamigotchiworld activity peak on Saturday! 7371 Kamis harvesting, the highest number since launch. Transaction volume is low as many players are using the "roach build" to go for max profitability with minimum activity... but still, more Kamis than ever!

The @asph0d37 whitepaper is now live. We've been working on this project for 4 years, but this is the first time I've explained what Asphodel actually is. You should read it. Or maybe you should have an agent read it for you. Link below.

Apps deserve infra that works for them. Not the other way around. With Initia, teams can: > Own their economics > Shape the user experience > Turn actual usage into revenue they keep

I started accumulating Kami NFTs again.🧵 For quite a long there wasn't any update about my @kamigotchiworld strategy. Goal is to get at least 150 Kamis, why? 1. ~2k%+ APR on @initia VIP. Community convinced @0xl3th3 to bribe on @CabalFDN. That means Kamigotchi players now get ~$5-8K in $INIT rewards every 2 weeks. Note: Tokens are locked/vested for 1 year. I personally vest them (and unlock 1/26 every epoch = 2 weeks). Kamis are extremely cheap, there is almost no competition in VIP farming - 36 accounts last week. My current setup: 100 Kami NFTs at $4/each = $400 total They generate 200k VIPP/day - max ~3M VIPP per cycle Gas: $3/day = $42 per 2 weeks Last epoch benchmark: 900k burnt VIPP = 1,730 $INIT = ~$104 (yes, at current $INIT prices after market dump ~$0.06 USD) Scale that to my 3M VIPP (max I can get with 100 kamis in 14 days): ~5,766 $INIT = ~$347 gross Minus gas: ~$305 net every 2 weeks APR: Annualized: Gross APR: ~2,250% Net APR (after gas): ~1,980% Considering current $INIT price and pool size - both can move. 2. Mint-out is close. ~3,000 Kami left to mint. Once supply is gone, the team has signaled a new economic model drops (I guess somehow connected with @asph0d37). I have no idea what it is - but at $4/NFT, I will take that risk. The downside is priced in. I'm playing for supply shock and whatever comes after. NFA. Assumes current $INIT price and pool size - both can move.

Looking for high passive stablecoin yield? iUSD on @initia yielding 9.37% APR on Echelon. Rewards are vesting-free and start accruing from the moment you supply. Supply iUSD today ↓ app.echelon.market/

Kami is a great case study for what Initia is built for. Apps that own their stack, capture value, and turn real usage into real revenue. In just a year and with essentially no marketing spend, @kamigotchiworld is one of the top revenue-generating chains. Build with Initia.

May brought steady momentum across the Initia ecosystem, from iUSD traction and DeFi opportunities to gaming updates, new trading markets, and VIP rewards ↓ • iUSD supply crossed the $5M milestone. • @kamigotchiworld team launched @asph0d37’s Prologue playtest through the public beta, while also bringing a new optional hardcore questline and the return of VIP reward bribes to Kamigotchi. • @civitiaorg crossed its 50th week live and recorded its 4th highest revenue-generating week, bringing in 27.8K INIT in the week of May 14-21. • iUSD deepened its DeFi footprint on @EchelonMarket, where users put iUSD to work with 4.77M supplied and 2.59M borrowed, implying > 50% utilization. • @TradeOnStrat expanded its markets with new TradFi listings: $TSM, $SNDK, $INTC, $CRWV, and $MU, all available with up to 50x leverage, and wrapped up a $10,000 Initia 1st Anniversary Trading Event. • @CabalFDN vaults continue to see strong demand, with the iUSD vault already 96% filled after its recent cap increase and APR still holding at 15%. • The VIP flywheel keeps spinning: 1.34M+ INIT distributed to users and rollups this month. On to another month of building, shipping, and compounding 🫡