Initia: The "Inflation Adjustment and Stake Exit Subsidy" time window has ended, and the subsidy will be distributed before July 7.

BlockBeats news, on June 23, the Initia Foundation announced that the "Inflation Adjustment and Staking Exit Subsidy Program" time window has ended. After 14:00 on June 23, positions that were unstaked will no longer qualify for subsidies, which are set to be distributed before July 7, 2025. Previously reported, the Initia Foundation released a governance proposal for the "Inflation Adjustment and Staking Exit Subsidy Program," aiming to adjust the current annual release rate of 5% of the total supply of INIT to the originally designed 5% of the annual staking supply, which is approximately 1.25% of the total annual supply. The proposal stems from an inflation misallocation since the genesis on April 24, resulting in INIT inflation being far higher than expected. The Foundation proposed a two-phase subsidy plan to compensate users affected by Proposal 39 for their staking yield losses: Class A Subsidy: Users who initiated unstaking between the release of Proposal 39 on May 20 and the release of this proposal on May 23 and then canceled the unstaking before the proposal execution (expected on June 2) and continued to stake can receive reward subsidies for the unstaking period. Class B Subsidy: If the user's unstaking period is between June 2 and June 23, they will receive a reward subsidy equivalent to an annualized APR of 25%, calculated based on the actual unstaking days.