Initia DEX Launches Superfluid Staking with Innovative Token Model

Initia DEX Unveils Superfluid Staking with Unique Token Model

Initia DEX has announced the launch of its superfluid staking feature, allowing users to stake $INIT tokens while simultaneously providing liquidity. This innovative approach is similar to Aerodrome but introduces an added esINIT token model that requires vesting, enhancing the staking process.

The platform has also announced the CabalVIP app, designed for $INIT deposits and vote power management. Notably, insider vesting tokens are locked out of staking, ensuring a robust distribution model that promotes fairness and transparency.

Initia DEX has confirmed its mainnet launch for March, with backing from DCF Capital. The platform is preparing for both Layer 1 and Layer 2 launch rehearsals starting in February. Impressively, 1.2 million wallets are already active on the testnet, indicating strong user engagement and readiness for the mainnet launch.