This is a general announcement. Products and services referred to here may not be available in your region.

IMPORTANT: Binance is the first platform to announce the listing of the mentioned token(s), with trading starting at 2025-04-24 11:00 (UTC). Any claims to offer the token(s) for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds.

Fellow Binancians,

Binance is excited to announce the 68th project on Binance Launchpool - #Initia   #INITcoin an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics. The webpage is estimated to be available in 12 hours, before the Launchpool starts. 

Users will be able to lock their BNB, FDUSD, and USDC to receive INIT airdrops over 6 days, with farming starting from 2025-04-18 00:00 (UTC).

Listing

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

INIT Launchpool Details:

  • Token Name: #Initia (INIT) 

  • Total Token Supply: 1,000,000,000 INIT 

  • Max Token Supply: 1,000,000,000 INIT 

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

    • An additional 10,000,000 INIT will be allocated to the other marketing campaigns (in batches) after spot listing. Details will be shown in a separate announcement. 

    • An additional 20,000,000 INIT will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement. 

  • Initial Circulating Supply When Listed on Binance: 148,750,000 INIT#INITcoin (~14.88% of total token supply)

  • Smart Contract/ Network Details: Initia Main Explorer (will be available at public launch)

  • Read about Initia (INIT) in our research report here, which will be available within 24 hours of publishing this announcement.

  • Listing fee: 0

  • #Launchpool will apply. Users are required to complete KYC to Binance’s satisfaction.

  • Hourly Hard Cap per User: 

    • 17,708.33 INIT in BNB pool

    • 1,041.66 INIT in FDUSD pool

    • 2,088.33 INIT in USDC pool

Supported Pools: 

  • Lock $BNB (webpage will be available in around 12 hours): 25,500,000 INIT in rewards (85%) 

  • Lock $FDUSD (webpage will be available in around 12 hours): 1,500,000 INIT in rewards (5%)

  • Lock $USDC (webpage will be available in around 12 hours): 3,000,000 INIT in rewards (10%)

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

INIT Farming Accumulation: