Binance Announces 68th Project on Launchpool: Initia (INIT)
Binance has announced that the 68th project on Binance Launchpool is Initia (INIT) — a Layer 1 blockchain platform that combines Layer 2 solutions.
Binance has unveiled Initia (INIT) as the 68th project on Binance Launchpool.
Users will be able to farm INIT tokens over a 6-day period by staking BNB, FDUSD, and USDC, starting from 00:00 (UTC) on April 18, 2025.
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INIT Listing Information
Binance will list INIT at 11:00 (UTC) on April 24, 2025, with the following trading pairs:
INIT/USDT
INIT/BNB
INIT/FDUSD
INIT/TRY
INIT will carry a Seed Tag label.
INIT Launchpool DetailsToken Name: Initia (INIT)
Total Supply: 1,000,000,000 INIT
Max Supply: 1,000,000,000 INIT
Launchpool Rewards: 30,000,000 INIT (3% of total supply)
10,000,000 INIT will be distributed through future marketing campaigns post-listing (to be announced).
20,000,000 INIT will be allocated to further marketing campaigns 6 months after listing (to be announced).
Initial Circulating Supply at Listing: 148,750,000 INIT (~14.88% of total supply)
Smart Contract/Network Details: Will be available via Initia’s mainnet explorer at launch
Listing Fee: 0
Launchpool Requirements: KYC completion required on Binance
Hourly Harvest Limits Per User:BNB Pool: 17,708.33 INIT/hour
FDUSD Pool: 1,041.66 INIT/hour
USDC Pool: 2,088.33 INIT/hour
Supported Pools:BNB Pool (available ~12 hours before launch): 25,500,000 INIT (85% of rewards)
FDUSD Pool (available ~12 hours before launch): 1,500,000 INIT (5% of rewards)
USDC Pool (available ~12 hours before launch): 3,000,000 INIT (10% of rewards)
Farming Period: April 18, 2025, 00:00 (UTC) – April 23, 2025, 23:59 (UTC)
