So far, the spot listings after the Futures Pre-Market announcements have been 100% successful.
4/5 $BABY Futures Pre-Market announcement
4/10 Spot listing
4/16 $INIT Futures Pre-Market announcement
4/24 Spot listing
5/2 $SXT Futures Pre-Market announcement
5/8 Spot listing
Today (6/19) $NEWT Futures Pre-Market announcement
It seems like the spot listing will be 100%, but the key will be whether Yap rewards will be given without vesting. Still, I think Yap is currently the easiest and most effective option. Let's all do our best!
#NEWTON @MagicNewton
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2.19K
2
Echelon
Echelon is once again the largest participating protocol on @CabalVIP, making up over 50% of total bribes for @initia's stage 5 voting.
Thanks to Cabal, over 45,000 additional esINIT incentives will be distributed to Echelon users utilizing USDC, INIT, milkINIT, and more 👀
3.21K
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Smart Stake reposted
Smart Stake
🚀 Introducing Pulse by Smart Stake!
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$INJ $ATOM $TIA $DYDX $CRO $AKT $BAND $FET $LUNA $OM $ORAI $OSMO $XPRT $CORE $DYM $XION $INIT $BABY
49.88K
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cedo reposted
manan
Reign of the USDC whales is coming to an end on @EchelonMarket 🐋🩸
For the first few stages of Initia’s VIP, Echelon has won huge. Amassing 370k+ esINIT rewards for the users.
But on Echelon, USDC has ruled. 75% of rewards went to USDC lenders and borrowers. Echelon built up a huge USDC stash (88% of TVL). INIT lenders got ONLY 25%. Borrow side not incentivised.
2 months into mainnet and it's time to shake things up.
Starting in 24 hours:
→ 45% of rewards will go to USDC lenders/borrowers (down from 75%)
→ 52.5% to INIT lenders/borrowers. This shall finally build a healthy supply APY for lent INIT on Echelon.
→ Rest is used to incentivise milkINIT, sxINIT, and deINIT deposits which should help build up demand for these assets further!
This change also opens up the field to v interesting and profitable farming strategies.
(1) Supply a bunch of sxINIT, (2) borrow INIT, (3) supply sxINIT again. Loop maxxing.
This position will then be earning: amplified staking yield, bribe rewards from cabal, and VIP rewards on both supply and borrow side!
Love this tweak by the Echelon team. Initia DeFi is starting to warm up the engine :)
3.33K
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Ed | AirdropGlideApp
RoLL uPs ArE tHe FuTuRe!
Imagine launching a chain where a 10 day withdrawal time, on a money market app no less, is considered ok!
Unfortunately, it looks like @initia is already dead on arrival.
Their entire ecosystem has been overshadowed by their own USDC - INIT LP at 65% APR, and even then, it's a fine balance between farming the yield, and being the exit liquidity.
Disclaimer:
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
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About Initia (INIT)
Initia is a network for interwoven rollups — they are holistically rebuilding a new multi-chain world across the architecture, product, and economic stacks using the Initia L1 and an interwoven system of L2s. Initia has made innovations in three main categories: architecture/tech stack, user-facing frontend product, and protocol-level incentivization frameworks. $INIT is the native token of Initia L1.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 246 new posts about Initia, driven by 174 contributors, and total online engagement reached 30K social interactions. The sentiment score for Initia currently stands at 81%. Compared to all cryptocurrencies, post volume for Initia currently ranks at 5979. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Initia.
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Posts
246
Contributors
174
Interactions
30,400
Sentiment
81%
Volume rank
#5979
X
Posts
222
Interactions
28,756
Sentiment
83%
Initia FAQ
What is cryptocurrency?
Cryptocurrencies, such as INIT, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as INIT have been created as well.
Can I buy INIT on OKX?
No, currently INIT is unavailable on OKX. To stay updated on when INIT becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of INIT fluctuate?
The price of INIT fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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