INIT Launches on Binance with $1M Trading Promotion and Launchpool Staking Rewards

INIT was listed on Binance and included in a Launchpool project, allowing users to stake tokens for INIT rewards. A $1,000,000 INIT trading promotion is available for users trading at least $10 worth of INIT on Spot before May 1. INIT serves as the gas and governance token for the Initia blockchain, which is built on the Cosmos SDK, supports MoveVM, enables cross-chain communication, and integrates AMM liquidity into its Layer 1. About 14.88% of INIT's total supply is in circulation. INIT launched in April 2025.