INIT Debuts on Binance with Launchpool and $1M Reward Promotion, Boosting Initia Blockchain Utility

INIT was listed on Binance and added to a Launchpool project, enabling users to stake tokens for INIT rewards. Binance is running a promotion where users who trade at least $10 worth of INIT on Spot before May 1 can earn a share of a 1,000,000 INIT prize pool. INIT functions as the gas and governance token for the Initia blockchain, which is built on the Cosmos SDK, supports MoveVM, allows cross-chain communication, and integrates AMM liquidity into its Layer 1. About 14.88% of INIT's total supply is in circulation.