PANews reported on May 23 that the Initia Foundation has released a governance proposal on the official forum, proposing to amend the current INIT release rate of 5% of the total annual supply to the initially set "5% of the pledged supply", that is, 1.25% of the annualized total supply. This amendment stems from the parameter configuration error at the creation of the coin on April 24, which led to excessive inflation, nearly 4 times higher than the original plan.

The Foundation also proposed two types of subsidy plans to compensate users affected by Proposal 39 for the loss of staking income. The subsidy will be borne by the Foundation's treasury, and users can apply for it in the Initia App before July 7, without lock-up requirements. The on-chain vote will start at 14:00 on May 26 and will be executed or rejected on June 2. The Foundation recommends voting against the original Proposal 39 to ensure the credibility of community governance.