#BinanceLaunchpoolINIT Initia (INIT) is the 68th project on Binance Launchpool, allowing users to earn INIT tokens by staking assets like BNB, FDUSD, and USDC. Here's what you need to know ¹ ²:
- *Farming Period*: The farming period took place from April 18, 2025, 00:00 UTC to April 23, 2025, 23:59 UTC.
- *Rewards*: 30 million INIT tokens, representing 3% of the total supply, were distributed as farming rewards.
- *Listing*: INIT was listed on Binance on April 24, 2025, at 11:00 UTC, with trading pairs INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY.
- *Token Details*: INIT has a total supply of 1 billion tokens, with an initial circulating supply of 148.75 million tokens (14.88% of the total supply).
Initia is a Layer 1 blockchain designed to support appchain deployment and enhance liquidity through its Enshrined Liquidity and modular Interwoven Stack features. The project has raised $25 million in funding from notable backers like Theory VC, Delhi Ventures, and Hack VC ³.