Initia Foundation’s Temporary Vote Allocation to Bootstrap the VIP Gauge

Initia Governance VIP
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TL;DR

  • 2M voting power has been added to the VIP Gauge Vote by the Initia Foundation to each VIP‑whitelisted rollup in stage 1.
  • These Foundation gauge votes are a temporary boost for Initia’s earliest Interwoven Rollups; they will remain for now and be tapered at an appropriate time, with clear advance notice before any adjustment.

Why the Foundation is adding 2M Voting Power to Each Whitelisted Rollup

  1. Balanced incentives from Day One
    Early VIP rewards can skew toward the first rollup to gain traction. Equal gauge votes dampen that effect, giving newer teams a fair shot while the economy is young.

  2. Aligning with Initia’s Earliest Partners
    Rollups that have been building with Initia since the testnet era and carried that commitment into mainnet deserve initial support as the economy gains traction.

  3. Flexibility for Future Stages
    These gauge votes are not permanent. The Foundation will review network usage and community feedback each stage and adjust the Foundation’s position as needed, publishing a separate post before any change in future stages.

What Happens Next

  • Stage voting mechanics: Voting will proceed with the Initia Foundation voting with 2M gauge votes per VIP-whitelisted rollup for future stages until further notice.
  • Monitoring: Metrics dashboards maintained by both the Foundation and the community will monitor how equalized gauge votes affect onchain metrics.
  • Feedback loop: Builders and token‑holders are encouraged to share observations in the Forum so the Foundation can fine‑tune for future stages.
  • Evaluation: The Initia Foundation will continually evaluate the existence and size of these initial votes, reducing or removing votes with clear advanced notification when appropriate.
7 Likes
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Looking forward to what VIP brings. Hopefully team works on Price Action too. gInit!

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UPDATE: The Initia Foundation will start a gradual reduction in the direct participation of the VIP gauges votes.

Starting from gauge vote 5, the Foundation will reduce its votes per whitelisted L2 by 12.5% (2M votes down to 1.75M) in order to increase the voting power efficiency of EL staked assets in the VIP gauge votes.

2 Likes
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Excellent work
I would like to propose an additional recommendation for the Foundation team’s consideration: evaluating the allocation balance across each app to ensure it is aligned with the app’s actual contribution and engagement.

This assessment could take into account key indicators such as:

  • The ability to attract and retain users
  • In-app campaigns designed to drive user activity
  • Responsiveness and user support through social channels such as Discord

Thank you for the continued updates.

Kind regards

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UPDATE: In line with the Foundation voting reduction plans outlined in our previous post, the Foundation will reduce its votes per whitelisted L2 by 250,000 votes (from 1.75M down to 1.5M) starting from the gauge vote for Stage 6.

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Great move! Allocating 2M votes per whitelisted rollup levels the playing field and supports early builders fairly. Looking forward to how this impacts the ecosystem growth in Stage 1 :balance_scale::light_bulb:

Love the transparency and the commitment to review and taper based on data. Early alignment builds long-term trust. :repeat_button:

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The BFB team has recently announced that they will be sunsetting the BFB game and consequently, have submitted a proposal to delist the L2 here.

The Foundation will be removing its votes submitted for the gauge vote for Stage 6 and will exclude voting for BFB for future stages.

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UPDATE: In line with the Foundation voting reduction plans outlined in our previous post, the Foundation will reduce its votes per whitelisted L2 by 250,000 votes (from 1.5M down to 1.25M) starting from the gauge vote for Stage 7.

Note that BFB is excluded from receiving Foundation votes as outlined in the post above.

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UPDATE: In line with the Foundation voting reduction plans outlined in our previous post, the Foundation will reduce its votes per whitelisted L2 by 250,000 votes (from 1.25M down to 1M) starting from the gauge vote for Stage 8.

1 Like