Announcement

Nami Exchange officially lists Initia (INIT)

18/04/2025

Dear Nami Community,


In order to expand the trading options to users and the community, Nami Exchange would like to announce the listing of Initia (INIT) spot and swap trading pairs with INIT/VNST, INIT/USDT at 2025-04-18 11:00 (UTC).

Expectedly, Deposits will open at listing time and Withdrawals with INIT will open at 2025-04-19 11:00 (UTC).


Immediately after completing the listing, Nami Exchange will also add this digital asset to the Nami Earn feature, expected within 01 hour from the time of completing the listing.


What is Initia (INIT)?

Initia is a layer-one blockchain that unites application-specific blockchains through an interwoven network. Initia benefits from the flexibility of Cosmos SDK and the scalability of rollup technology, offering full-fledged Cosmos SDK chains that operate as optimistic rollups with 10,000 TPS and 500ms block times.

The Interwoven Stack enables support for multiple virtual machines (EVM, MoveVM, WasmVM) and includes built-in features like bridges, data availability solutions, and unified asset versions across all rollups. Initia's economic framework, the Vested Interest Program, aligns incentives between the main chain and application rollups by distributing INIT tokens directly to users based on on-chain activity.


About token Initia (INIT)

  • Token name: Initia
  • Ticker: INIT
  • Standard: ERC-20
  • Total Token Supply: 1,000,000,000 INIT
  • Max Token Supply: 1,000,000,000 INIT
  • Circulating Supply When Listed: 148,750,000 INIT (~14.88% of total token supply)
  • Smartcontract: Initia Main Explorer (will be available at public launch)

Best regards,


More information:

Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Tokenization asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.


About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of more than 700 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.


Download Nami Exchange at:

Or website: https://nami.exchange/

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