stan 🪢🦴

stan 🪢🦴

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Founder @initiaFDN

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does this mean coinbase is now an investor in initia, megaeth, fogo, and every other echo sale ever?

Bringing back Up Only was just the warm up. We’ve acquired @echodotxyz, the leading onchain capital raising platform. → Joining builders with community capital → Giving investors access to new opportunities → Growing economic freedom worldwide

The Initia Foundation has deposited roughly 21,000 INIT to match the VIP bribes on @CabalVIP for this epoch. 💸Bribe Stats💸 - Roughly $550K in bribes on an annualized basis on a $1.8m capital base - 600% bribe efficiency ($6 in rewards for each dollar in bribes) 💧Cabal Vaults💧 - 80% and 57% APR for sxINIT and USDC-INIT LP on Cabal - sxINIT has higher absolute APR but requires a lock while the LP has lower APR but no lock and earns trading fees from Enshrined Liquidity

Initia Chain Upgrade Proposal 1 has been released! A very necessary upgrade that sets up future improvements and fixes some initial mistakes but will not be loved by all (especially farmers)! So what's in the proposal? 1. A reduction in inflation rate to the intended (5% of twitter.com/ItsAlwaysZonny/sta...

The beauty of VIP is that apps built with Initia can both: - Capture their own value - Stay aligned with Initia's success This allows value and economic output to truly blossom and be shared inside the Interwoven Economy.

In Initia's Interwoven Economy, building in isolation is expensive and collaboration is advantageous.

I will forever support and champion the Interwoven Economy in every single way I can. This includes the Initia L1, apps, builders and of course the community. There is no second best, and nothing else I'd rather be doing. gwoven 🪢

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