The iUSD incentives campaign is live. Rewards accrue hourly based on your net iUSD supply, and are distributed through the Initia VIP dashboard.
The iUSD incentives campaign runs Feb 26 → Mar 26.
Total incentives: $25,000 in iUSD this month.
• $12.5k for iUSD net supply
• $12.5k for borrows against INIT and sxINIT
Eligible iUSD supply is calculated as:
Total iUSD supplied minus any iUSD borrowed.
Snapshots are taken hourly. Rewards accrue based on your net supply each hour.
Rewards begin unlocking after 30 days. They vest linearly over 90 days.
To receive full rewards, you must maintain your net supply during the vesting period. Reducing your deposit scales rewards down proportionally.
Example 1
Supply 10,000 iUSD and borrow 0 iUSD.
Eligible supply = 10,000 iUSD.
To unlock full rewards after vesting starts, maintain 10,000 iUSD for the 90‑day vesting period.
Example 2
Supply 10,000 iUSD and borrow 4,000 iUSD.
Eligible supply = 6,000 iUSD.
To unlock full rewards after vesting starts, maintain 6,000 iUSD for the 90‑day vesting period.
Rewards will be available to claim in the Echelon rewards dashboard:
Dashboard | Echelon
Echelon
Q: Can I supply via multiple wallets?
Yes. Rewards are calculated per wallet. You still need to maintain each wallet’s net supply through vesting to unlock full rewards.
Q: What if I withdraw or reduce my deposit once vesting starts?
Rewards scale down proportionally with your net supply.
Example: you supply 10,000 iUSD. After vesting starts, you reduce supply to 6,000 iUSD → rewards from that point are based on 6,000 iUSD supply.
Q: Are rewards distributed in iUSD?
Yes.
Q: Does borrowing iUSD reduce my rewards?
Yes. Eligible iUSD supply is total supplied minus any iUSD borrowed, so borrowing iUSD lowers eligibility.
Q: Is there a minimum supply required?
No.