Whale thinks he will buy back at better price

Initia (INIT) Lands on Binance Launchpool: Stake BNB, FDUSD, USDC for Exciting Airdrop Rewards

Binance is thrilled to unveil the 68th project on Binance Launchpool – Initia (INIT), a groundbreaking Layer 1 blockchain.

Join Now to Earn INIT Rewards
Starting from 00:00 on 18-04-2025 (UTC), you can stake BNB, FDUSD, or USDC for 6 days to receive INIT airdrops. The event will conclude at 23:59 on 23-04-2025 (UTC).

Key Details About Initia (INIT) Launchpool
- Token Name: Initia (INIT)
- Total Supply: 1,000,000,000 INIT
- Maximum Supply: 1,000,000,000 INIT
- Launchpool Rewards: 30,000,000 INIT (3% of total supply)
- Initial Circulating Supply: 148,750,000 INIT (~14.88% of total supply upon Binance listing)

Additionally:
- 10,000,000 INIT will be allocated for marketing campaigns post-listing (details in a separate announcement).
- 20,000,000 INIT will be allocated for further marketing campaigns 6 months after listing (details to be updated).
Reward Distribution

You can choose to stake assets in the following pools:
- BNB Pool: 25,500,000 INIT (85% of rewards)
- FDUSD Pool: 1,500,000 INIT (5% of rewards)
- USDC Pool: 3,000,000 INIT (10% of rewards)
Hourly Reward Caps

To ensure fairness, each user has an hourly reward cap:
- BNB Pool: 17,708.33 INIT
- FDUSD Pool: 1,041.66 INIT
- USDC Pool: 2,088.33 INIT

Event Timeline
- Start: 00:00 on 18-04-2025 (UTC)
- End: 23:59 on 23-04-2025 (UTC)

Check out the official announcement https://www.binance.com/en/support/announcement/detail/c288d0d677304b9e9246eceae0237ff3

#BinanceLaunchpoolINIT $BNB