> Overview Initia has developed an L1 blockchain called Omnitia, a custom OPStack framework that supports multiple virtual machines (Move, EVM, Wasm). Omnitia utilizes Celestia for data availability and incorporates a shared security layer for L2s. It also offers developer to

> Omnitia L1 Omnitia serves as the foundational orchestration layer, managing network security, consensus, governance, interoperability, liquidity, and inter-chain messaging. Omnitia brings in a Delegated Proof of Stake (DPoS) model, leveled up by the x/mstaking module.

> Staking Module This setup lets multiple tokens be staked directly with validators to gain voting power—as long as they’re approved through a governance whitelist proposal. The x/mstaking module supports staking with either solo INIT tokens or whitelisted INIT-X LP tokens from In

> Enshrined Liquidity Enshrined Liquidity optimizes asset use, diversifies security, enhances staking rewards through LP yields and swap fees, and boosts L1 liquidity for apps and L2 chains. It also enables seamless L2 transfers via L1 with potential cross-asset swaps.

> Mintia L2s Mintia are Layer 2 application chains within the Initia ecosystem, characterized as fully functional CosmosSDK blockchains that utilize optimistic rollups for settlement. These chains feature rapid block times of 500ms and can handle over 10K transactions per se

> OPinit Stack The OPinit Stack, a Cosmos optimistic rollup framework, enables Mintia to support various virtual machines, including MoveVM, WasmVM, and EVM. This flexibility ensures that Mintia can cater to a broad spectrum of applications and developer preferences.

Despite being Layer 2 solutions, Mintia chains maintain the sovereignty of application-specific blockchains. They benefit from the security and decentralization of the Initia Layer 1 while offering the customization and flexibility inherent to CosmosSDK-based chains.

> Vested Interest Program To incentivize participation and growth within the ecosystem, Initia has established the Vested Interest Program (VIP). At network genesis, a portion of the total INIT token supply is set aside as rewards for the VIP program, distributed over several ye

These rewards are allocated at regular intervals to whitelisted Mintia ecosystems and subsequently to their users and operators. Before a Mintia can be eligible for VIP rewards, it must first be whitelisted by the Initia L1 governance through an on-chain proposal.

> Token Side Demand The INIT token serves as both a staking and governance token within the Initia ecosystem. INIT staking is expected to drive significant demand, offering attractive staking yields and potential future airdrops from the Mintia ecosystem.

> Dev Side Demand On the Layer 2 side, developers gain increased flexibility with virtual machine options, native USDC support, IBC support, 10K TPS, 500ms block time, and substantial incentives based on rollup usage, likely motivating more developers to launch L2s on Initia.

> Current Tractions Currently, 13 Mintia are live on the testnet, with 4 of them receiving VIP esINT reward allocations. Civitia and Kamigotchi are receiving the highest allocations—both are gaming appchains.

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