$275k in rewards every 14 days. That's $7.1M in rewards every year. For the next 20 years. All thanks to @initia's VIP. Highly inspired by Curve's gauge but instead of liquidity pools, VIP rewards organic usage of the Interwoven Rollups on Initia. Here's a breakdown of how it works: 1️⃣ The Gauge Vote. Every 2 weeks, there's a vote. Anyone with voting power votes for rollups listed on VIP. At the end of the cycle, 80% of the pool is distributed proportionally to votes received. 2️⃣ How to acquire voting power? Simple: stake INIT. Either vanilla staking or in an INIT/USDC LP through Enshrined Liquidity. Every staked INIT = voting power. Want more influence? Lock your staked position! The longer you lock, the more your influence. 3️⃣ The bribing games 🌶️ @CabalVIP makes it spicier: rollups can bribe Cabal's collective voting power to boost their VIP rewards!! The bribes are passed on to Cabal depositors every cycle (pretty sweet APYs so far) 4️⃣ The reward pool 80% of the pool is decided on votes. The other 20%? INIT TVL! This portion is allocated based on INIT TVL on rollups. The more INIT a rollup houses, the more rewards for their users. This encourages the rollups to build productive and interesting use-cases focused on INIT. 5️⃣ Your slice of the pie Now you know how rollups get their allocation. But how do individual users get paid? Each rollup decides this themselves. VIP allocates the rollups to tokens, but it's up to each rollup to design their scoring system and reward the right actions. Here's how it works: 1. Rollups post their scoring criteria on the Initia forum. 2. At cycle end, they assign each user a score based on that criteria. 3. Your rewards = (your score ÷ total rollup scores) × rollup's allocation Example: If you score 100 points and the rollup issued 1,000 total points, you get 10% of whatever that rollup received from the 275k pool. This means each rollup has a firehose of incentives through VIP but it's on them to use this wisely and incentivise what's best for their app & users. 6️⃣ How do users get paid? All VIP rewards are distributed on the Initia L1 as esINIT, a conditionally vesting version of INIT. esINIT unlocks 1/26th every 2 weeks over a year. But here's the catch - you only vest your full rewards if you maintain at least half your original score in subsequent cycles. Alternatively, you can lock your esINIT into INIT-USDC LP for a minimum of 1 year. This guarantees your full allocation but locks it entirely for a year. Essentially: cliff vest vs conditional vest, plus you earn solid liquid APR while locked. Stay active to earn gradually, or lock up for guaranteed rewards + yield. --- Bottom line: Use @initia. Be productive in the Interwoven Economy, get rewarded for it. It pays to be early.

Been playing around with @controrg alpha. It's a prediction market powered by GLOB (Gradual Limit Order Book): slower trades, fairer prices, no sniping here’s a quick walkthrough of how it works👇

A mid-year reflection on building A behind-the-scenes look at how Initia’s design philosophy came to life, and the hands-on decisions that shaped it. ↓

1 kg of flour in Gaza is more expensive than 1g of gold. Keep watching

guess who bought all the supply of $PUMP using a complex system of algos and bots ??? a hint; starts with the J and ends with the W they control all the supply now the supply control was promised to them 3000 years ago, now they can begin the fuckery and psyops/🧃manipulation

the incorrect inflation saga is finally over (inshallah) As of last week all ~$15-20m of INIT that was unstaking for 21 days has completed and the foundation's unstaking subsidies were distributed (majority claimed). We unintentionally got to experience the affects of high inflation and delta neutral farmers. While the past few weeks have been painful, I agree with the foundation's choice to rip the bandaid on the inflation reduction and reset Initia up for success. Since the inflation was cut, the INIT-USDC EL pool APRs still sit around 95% (half trading fees + half inflation). We've also seen growth in apps like Echelon, Cabal, and MilkyWay as users reshuffle capital to new opportunities within the economy. This was always the intention and point of having a low staking inflation of 1.25%/yr: push users to apps. When we look back on this it'll be a mere blip, back to the regularly scheduled program. Initia.

Impressed by Initia tech and hosting services. Feels ready for appchains to scale. Node didn't sweat in our break it party doing 1000s of requests in a short time. And they are tough requests! On chain dynamic liquidity trees! GLOB streams! Shout-out to Initia DevOps team!

You know why people love Hyperliquid? It’s because they made their users rich. What boggles my mind is, 99% of the teams in crypto don’t get this and then wonder why they don’t have a cult behind them.

$pump public token sale at $4bil FDV 😂

8. 'Cyberpunk: Edgerunners' Season 2 Trailer Reveal, listed with 10 episodes.