Inertia Airdrop: Complete Guide to Participating in the Incentivized Testnet
Table of Contents
What is Inertia?
Inertia is a decentralized finance (DeFi) protocol built on the Initia blockchain that functions as Initia‘s first modular Liquid Restaking Token (LRT) and lending protocol. The platform allows users to restake their assets like $INIT (Initia’s native token) and receive liquid tokens in return – specifically $nINIT for liquidity and farming, and $sINIT for staking. These tokens enable users to participate in various DeFi activities while continuing to earn staking rewards.
As a core component of Initia’s rollup stack, Inertia combines LRT functionality with a comprehensive lending platform where users can lend their assets to earn interest or borrow against their holdings. This dual approach enhances liquidity within the ecosystem while fostering productive on-chain activity, helping to drive sustainable growth within the Initia network.
How to Participate in the Inertia Airdrop
Setting Up Your Wallet
- Choose a compatible wallet – Metamask, Rabby, Rainbow, Keplr, Leap are all supported for the Inertia testnet.
- If you’ve previously transacted on the Initia testnet, use the same wallet you used before.
- For new users without prior Initia experience, Metamask/Rabby are recommended as the best option.
Getting Testnet Tokens
- Claim testnet INIT tokens from the faucet:
- Visit the Official Faucet
- Connect your wallet and claim your free testnet INIT.
- Remember to claim from the faucet daily to maximize your participation.
- Bridge your INIT tokens from Initia to Inertia:
- Go to the Official Bridge
- Bridge your INIT as both INIT and INRT tokens.
Note: The bridging process may take up to an hour or more to complete.
- Interacting with the Inertia Protocol
- Once your tokens are bridged, access the Inertia testnet application:
- Visit the Testnet DApp
- Connect the same wallet you used for the faucet and bridging.
- Mint nINIT tokens:
- Navigate to the minting section of the app.
- Follow the prompts to convert some of your INIT to nINIT.
- Farm with nINIT + INRT:
- Find the nINIT + INRT liquidity pool.
- Add liquidity and stake your LP tokens to begin farming.
- Mint sINIT tokens:
- Return to the minting section.
- Convert some of your remaining INIT to sINIT.
- Use the Lending features: