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IMPORTANT: Binance is the first platform to announce the listing of the mentioned token(s), with trading scheduled to begin on 2025-04-24 at 11:00 (UTC). Any offers to sell the token(s) before this time are likely false or misleading. Always do your own research to protect your funds

Binance has just introduced its 68th Launchpool project – Initia (INIT), a Layer 1 blockchain designed to connect appchains through shared infrastructure and aligned tokenomics. The Launchpool webpage will go live approximately 12 hours before farming begins.


Users will be able to stake BNB, FDUSD, or USDC to farm INIT tokens over a period of 6 days, starting from 2025-04-18 00:00 (UTC).


Binance will officially list INIT on 2025-04-24 at 11:00 (UTC) with the following trading pairs: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY. The Seed Tag will be applied to INIT.


INIT Launchpool details:

  • Token Name: Initia (INIT)

  • Total Supply: 1,000,000,000 INIT

  • Launchpool Rewards: 30,000,000 INIT (3% of total supply)

  • Additional 10,000,000 INIT will be distributed through marketing campaigns after listing

  • Another 20,000,000 INIT will be distributed 6 months post-listing

  • Initial Circulating Supply at Launch: 148,750,000 INIT (~14.88%)

  • Network: Initia Mainnet Explorer (link will be shared at public launch)

  • Listing Fee: 0

  • Launchpool participation requires KYC

Hourly Hard Cap per User:

  • BNB Pool: 17,708.33 INIT

  • FDUSD Pool: 1,041.66 INIT

  • USDC Pool: 2,088.33 INIT

Pool Distribution:

  • BNB: 25,500,000 INIT (85%)

  • FDUSD: 1,500,000 INIT (5%)

  • USDC: 3,000,000 INIT (10%)

Farming duration: 2025-04-18 00:00 (UTC) to 2025-04-23 23:59 (UTC)


Note:

  • Binance App version must be 2.89.0 or above

  • Rewards are calculated and updated hourly

  • Users can claim rewards anytime to their Spot Wallets

  • Real-time APY and pool stats will be shown

  • A user can only stake the same token in one pool at a time

  • Funds can be unlocked anytime and used in other Launchpools

  • At the end of the farming period, unclaimed rewards and staked tokens are returned to Spot Wallets

  • BNB in Flexible and Locked Earn products will auto-participate in Launchpool

  • BNB used as loan collateral (Flexible Rate) is not eligible

  • slisBNB and clisBNB in Binance Keyless Wallet are eligible

  • Spot Algo Orders will be enabled at listing time; Trading Bots and Spot Copy Trading will follow within 24 hours

    Holding BNB in Launchpool still qualifies for airdrops and VIP benefits

Binance may disqualify users involved in dishonest activity (e.g., bulk registrations, IP/device manipulation, etc.)


Participation depends on the user’s region. The list of restricted countries may change based on local regulations. Currently, INIT farming is not available for users in:


Australia, Canada, Cuba, Crimea, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands), and any non-government-controlled regions of Ukraine.


INIT deposits and withdrawals will also be restricted in Belgium, France, Italy, Poland, Spain, and Sweden — users from these countries can only buy and sell the token.

#BinanceLaunchpoolINIT