Initia launches a multi-chain economic framework "Initia VIP", with 10% of INIT to be allocated to the VIP program.

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According to Foresight News , Initia, a Layer1 blockchain built on Cosmos SDK, has launched a multi-chain economic framework, "Initia Vested Interest Program (VIP)", which aims to make INIT a basic asset in multi-chain worlds such as Ethereum and Cosmos through the use and distribution of INIT. At the creation of the network, 10% of the INIT supply was set aside and allocated to VIPs, and these rewards will be distributed over a few years, similar to staking rewards.

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