Binance Launchpool Introduces Initia (INIT): Stake and Earn Before the April 24 Listing
Binance has just launched its latest project on Launchpool: Initia (INIT). This is your chance to earn INIT tokens by staking BNB, FDUSD, or USDC. The staking period runs from April 18 at 00:00 UTC to April 23 at 23:59 UTC.
During this six-day event, you can stake your assets and earn INIT rewards every hour. A total of 30,000,000 INIT tokens will be distributed, which is 3% of the total supply, as follows:
25,500,000 INIT for BNB stakers (85%)
1,500,000 INIT for FDUSD stakers (5%)
3,000,000 INIT for USDC stakers (10%)
The INIT token will officially be listed on Binance on April 24 at 11:00 UTC.
Initia is designed as a modular Layer 1 and Layer 2 network to support appchains and interconnected economic zones. Its mission is to make it easier to develop and launch scalable, multi-chain applications by simplifying the complexities of blockchain infrastructure.
To get started, simply visit the Binance Launchpool page and stake your preferred token (BNB, FDUSD, or USDC) to begin earning INIT. With rewards distributed hourly and the listing just around the corner, this is a fantastic opportunity to get involved in the Initia ecosystem early on.
