**Initia (INIT)** is the latest project on **Binance Launchpool**, officially listed as its 68th featured project. Here's a breakdown of key insights:
### What is Initia?
Initia is an **omni-chain rollup network** designed to enhance interoperability and scalability for **appchains**—custom blockchains tailored to specific applications. It combines Layer 1 and Layer 2 technologies to make deploying appchains more modular and easier to scale.
### Launchpool Details:
- **Launch Period**: April 18 to April 23, 2025.
- **Farming Mechanism**: Users can stake **BNB**, **FDUSD**, or **USDC** to farm INIT tokens.
- **Total INIT Supply**: 1 billion.
- **Launchpool Allocation**: 30 million INIT (3% of total supply).
- **Initial Circulating Supply**: ~148.75 million INIT (14.88%).
### Staking Pools and Caps:
- **BNB pool**: Max 17,708.33 INIT/hour.
- **FDUSD pool**: Max 1,041.66 INIT/hour.
- **USDC pool**: Max 2,088.33 INIT/hour.
### Listing and Trading:
INIT will begin trading on **Binance** on **April 24, 2025**, with pairs like INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY. Binance is the first to list INIT, so be cautious of fake listings before that date.
### Other Notes:
- KYC verification is required to participate.
- Additional token allocations (like 10M for marketing) are planned post-launch, with another 20M scheduled six months later.
This launch marks a significant step for modular blockchain architecture, and Initia could appeal to devs building cross-chain apps or DeFi solutions. More info is available in the [official CoinMarketCap announcement](https://coinmarketcap.com/academy/article/binance-introduces-initia-init-on-launchpool-to-farm-by-locking-bnb-fdusd-and-usdc) [oai_citation:1,Binance Introduces Initia (INIT) on Launchpool To Farm by Locking BNB, FDUSD, and USDC | CoinMarketCap](https://coinmarketcap.com/academy/article/binance-introduces-initia-init-on-launchpool-to-farm-by-locking-bnb-fdusd-and-usdc).
#INITAirdrop #Initia