🚀 New #Launchpool project on #BinanceTR: $INIT is here!
🗓️ From April 18 to April 24 (03:00 AM GMT+3), you can stake your $BNB and earn #INIT tokens via Launchpool.
💡 How to join Launchpool?
Open your Binance TR app
Tap the “Launchpool” tab on the homepage
Find and select the INIT Pool
Stake your $BNB and start earning INIT tokens
Tried to break it down step-by-step 👇
Now, here comes my favorite part: the project deep dive! 🧵
🔶 What is Initia?
Initia aims to empower developers by providing infrastructure and tools to make Web3 apps more accessible and interconnected.
Their unique tech stack—“The Interwoven Stack”—offers a cohesive app-chain universe instead of a fragmented Web3 experience.
🧩 What Makes It Different?
Initia eliminates decision fatigue by offering pre-optimized infrastructure. Key elements like data availability, interoperability, and oracle services are standardized for ease of use.
It also supports multiple virtual machines like EVM, MoveVM, and CosmWasm—enabling flexible and diverse dApp development within a hybrid rollup architecture.
🔶 Investors
Initia raised $7.5M in seed funding in 2024. The round included well-known crypto investors like Delphi Digital, Nascent, Figment Capital, and dao5.
🔶 Key Features
🔸 Interwoven Stack – Pre-built infrastructure that speeds up appchain deployment
🔸 InitiaDEX – Cross-chain DEX supporting seamless liquidity
🔸 VIP (Vested Interest Program) – Long-term incentive program for devs and contributors
🔸 Minitswap & Enshrined Liquidity – Enables low-friction swapping and secure cross-chain liquidity
👉 By “low friction,” we mean fewer user barriers like high fees, slow speeds, and technical complexity. The lower the friction, the smoother the user experience.
⚠️ Disclaimer: This content is not investment advice. It is an informative summary based on the project’s official sources. Crypto markets involve high risk—always DYOR (Do Your Own Research).
#Initia #Launchpool #Web3 #Restaking