How much USDC do you need to earn 1 INIT in Binance Launchpool?

Staking USDC to earn INIT may seem easy, but the numbers tell a different story.

Here is the math based on the current airdrop rate:

1. Current rate: 0.00000797 INIT per USDC per hour

You need 125,471 USDC staked for 1 hour

Or stake 1 USDC for 125,471 hours (That’s over 14 years!)

2. Average rate: 0.00044326 INIT per USDC

You would need 1 USDC staked for ~2,256 hours (~94 days) to earn 1 INIT

Conclusion:

#USDC staking for INIT currently is not the most efficient. If you want faster rewards, you might want to check $BNB or $FDUSD rates instead, personally I prefer doing it with #bnblauncpool since the FDUSD to be a #stablecoin is very volatile.