initia

Prop 88: Recover residual INIT from deprecated rollup OP bridges

1. TL;DR

This proposal recovers the residual INIT left in the OP bridge accounts of six deprecated rollups (intergaze, ingnetwork, bfb, rena, zaar, moo) and transfers it to a team-controlled address init1k6spneg493ghpyah9pz4gn89cx09895elx8aqv. The affected users were already made whole via a direct airdrop when these rollups were shut down, so the INIT still locked in the defunct bridges is no longer owed to anyone and should be returned to a team-controlled address.

2. Proposal Details

Each of the rollups listed below has been deprecated and removed from the Initia chain registry. Because each was launched with an OP bridge, a portion of bridged INIT remains locked in the bridge account on Initia L1 even after the rollup itself stopped producing blocks.

When these rollups went down, the team distributed an airdrop directly to the affected users, reimbursing them for the INIT they held on the deprecated rollups. As a result, the balances still sitting in the OP bridge accounts represent funds that have already been accounted for off-bridge — leaving them locked would permanently strand team INIT with no corresponding user claim.

This proposal uses 0x1::coin::transfer, executed via MsgGovExecuteJSON with the bridge account as sender, to move the full remaining uinit balance out of each bridge account and into a team-controlled address.

Affected rollups and balances (snapshot as of 2026-06-09):

Rollup Bridge ID Bridge Account Amount (uinit) INIT
intergaze 31 init1saysyfuxhwwcdxjkv90cpsukn53y3pp0klkwxgsht7dljrdwspeqx25slk 75,667,579,905 75,667.579905
ingnetwork 27 init1c7xzr6le8m7tw7wm9a39z0mymeal2sjyd30asvw3gazcx4ha80kst27wg3 29,859,850,281 29,859.850281
bfb 28 init1w0sptzpe2euqhrl0tmw292a3hst0ccayzgh7qf3hdy49ln6kwjdsdcdn57 4,756,045,529 4,756.045529
rena 30 init1qcvr0r09evj58nh50eejz8j4z4vt663rzrdresd5kdaxr73aldhqld3c0f 3,494,590,777 3,494.590777
zaar 15 init1nwqvtfn402284dts9yya7zkfpk9tde9d0jqphcnnvgrs7q85hxlquttk49 1,573,967,725 1,573.967725
moo 13 init1w875f7sdz9vfrndu39jelm95f9vv75fzv05gsxtzndsjxm6202nstffj9h 7,500,001 7.500001
Total 115,359,534,218 115,359.534218

3. Rationale

  • Each listed rollup is deprecated and has been removed from the chain registry; no further withdrawals through these OP bridges are expected.
  • Users who held INIT on these rollups were already compensated via a direct airdrop at the time of shutdown, so the locked bridge balances are not owed to end users.
  • Recovering the INIT returns otherwise-stranded funds to a team-controlled address rather than leaving them permanently frozen in defunct bridge accounts.

4. Technical Change

For each rollup, one MsgGovExecuteJSON message executes:

  • Module: 0x1::coin::transfer
  • sender: the rollup's bridge account (the OP bridge bridge_addr)
  • recipient: init1k6spneg493ghpyah9pz4gn89cx09895elx8aqv (0x000000000000000000000000b6a019e5152c517093b72845544ce5c19e539699)
  • metadata: 0x8e4733bdabcf7d4afc3d14f0dd46c9bf52fb0fce9e4b996c939e195b8bc891d9 (uinit)
  • amount: the full remaining uinit balance of that bridge account

Total recovered: 115,359,534,218 uinit (~115,359.534218 INIT) across 6 bridge accounts. The empty counter bridge (id 38, 0 uinit) is excluded.

5. Governance Votes

  • Yes: Recover the residual INIT from the six deprecated bridge accounts to a team-controlled address.
  • No: Do not recover the residual INIT.
  • No With Veto
  • Abstain