INIT Launches on Binance Launchpool with New Staking Opportunities

INIT, the core token of the Initia blockchain platform, was recently included in a Binance Launchpool project, allowing users to stake tokens and earn INIT rewards. INIT/USDT was listed on Binance, resulting in notable trading activity. INIT serves as both the gas and governance token for Initia's Layer 1 and Layer 2, with about 14.88% of its total supply currently in circulation. Initia is built on the Cosmos SDK, supports MoveVM, enables cross-chain communication, and integrates AMM liquidity into its Layer 1.