Inertia testnet is structured to deliver a secure, seamless, and user-friendly experience in preparation for its mainnet launch. This phase focuses on evaluating diverse scenarios, conducting stress tests, and optimizing the platform to position Inertia as the most efficient all-in-one money market on the Initia network.
What is Inertia?
Inertia is an advanced DeFi platform built on the Initia Network that brings together different blockchain systems into one easy-to-use platform. It offers key features like lending, liquid staking, and earning rewards through yield management. Using Liquid Restaking Tokens (LRTs) and Liquid Staking Tokens (LSTs), Inertia allows users to make the most of their assets from various blockchains. Users can perform activities like earning rewards through farming, managing stablecoin yields, and borrowing against their assets. By combining all these features in one place, Inertia makes DeFi simple and efficient while increasing the value of its native token, $INRT.
How does Inertia work?
Inertia operates by integrating fragmented blockchain assets into a unified DeFi platform on the Initia Network. It issues Liquid Restaking Tokens (LRTs) and Liquid Staking Tokens (LSTs) that represent staked assets, enabling users to restake, lend, or use them in farming. The platform offers modular lending where users can deposit and borrow multi-asset collateral, leveraging features like loopstaking for efficient asset management. Idle stablecoin liquidity is optimized for yield management, while farming rewards are amplified through $INRT incentives. Inertia also employs a buyback-and-burn mechanism to enhance $INRT’s value, aligning user benefits with platform growth.
Launch the Platform
Navigate to the Inertia Testnet to get started.
Get $INIT Tokens from the Faucet
If you don’t have any $INIT, you can use the Initia App to receive test tokens.
Be sure to connect your wallet using an EVM-compatible wallet.
Mint LST & Start Farming (No Need for a Bridge)
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nINIT: This is used for providing liquidity and active participation in farming. You can farm with nINIT to earn $INRT rewards.
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sINIT: This is designed for staking rewards and taking leveraged borrowing positions. Use sINIT as collateral in the lending feature to borrow other assets.
Farming & Boosting Rewards (No Bridge Needed)
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Farm with nINIT: Use nINIT to farm and earn $INRT rewards.
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Boost Your Rewards: Increase your farming rewards by adding $INRT. The more nINIT you stake, the higher your reward boost potential.
On the testnet, you can claim your nINIT farming rewards ($INRT) after 24 hours. If you prefer not to wait, you can simply swap on Initia App | Swap $INIT for $INRT to activate the Supercharge and boost your earnings immediately.
Lending Feature (Bridge Needed)
Transfer Tokens to L2
To use the lending and borrowing features, move your assets to L2 (Inertia):
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Bridge $INIT, $ETH, $TIA, and $USDC from L1 (Initia) to L2 (Inertia) using the Initia bridge.
How Borrowing Works
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Supply Assets: Deposit your tokens to earn rewards through the lending feature.
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Borrow Assets: After supplying, borrow additional tokens up to the maximum Loan-to-Value (LTV) ratio based on your deposits.
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Manage Risks: Keep an eye on price changes, interest buildup, or high leverage, as these can lead to liquidation.
Stay Safe
Use the Lending Dashboard to monitor your health score and positions, ensuring you manage risks effectively.
User Incentive Guidelines:
Points you earn will be divided like this:
The Inertia testnet is scheduled to run until April 8th!
