🚀 Introducing Initia (INIT) on Binance Launchpool!
Binance is thrilled to announce the 68th project on Binance Launchpool — Initia (INIT), an innovative L1 blockchain designed to unify appchains through interconnected infrastructure and aligned economics.
🔹 Launchpool Farming Details:
• Farming Period: April 18, 2025, 00:00 UTC to April 23, 2025, 23:59 UTC
• Supported Pools: BNB, FDUSD, and USDC
• Total Rewards: 30,000,000 INIT (3% of total supply)
• BNB Pool: 25,500,000 INIT (85%)
• FDUSD Pool: 1,500,000 INIT (5%)
• USDC Pool: 3,000,000 INIT (10%)
• Daily Rewards: 5,000,000 INIT distributed across pools
• Hourly Hard Cap per User:
• BNB Pool: 17,708.33 INIT
• FDUSD Pool: 1,041.66 INIT
• USDC Pool: 2,088.33 INIT  
🔹 INIT Token Details:
• Token Name: Initia (INIT)
• Total Token Supply: 1,000,000,000 INIT
• Initial Circulating Supply: 148,750,000 INIT (~14.88% of total supply)
• Listing Date: April 24, 2025, at 11:00 UTC
• Trading Pairs: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY 
🔹 How to Participate:
1. Navigate to the Launchpool page on Binance.
2. Choose your preferred pool (BNB, FDUSD, or USDC).
3. Lock your tokens during the farming period to start earning INIT rewards.  
Note: Users must complete KYC verification to participate.
For more information, please refer to the official announcement:
#Binance #Launchpool #Initia #INIT #CryptoNews #BNB #FDUSD
Binance has announced the 68th project on Launchpool: Initia (INIT), an L1 blockchain that combines Cosmos SDK and rollups to enable seamless appchain interoperability and coordinated economic alignment. Users can stake BNB, FDUSD, and USDC to receive INIT airdrops from April 18 to April 23, 2025. A total of 30 million INIT (3%) will be distributed via Launchpool, with 14.88% of the total supply circulating at listing. INIT will be listed on Binance at 11:00 UTC on April 24, 2025, with trading pairs INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY. Binance is the first platform to list INIT—any offers to sell the token before this date are likely scams.
#Binance #Initia #INIT #Launchpool #BinanceListing
🇺🇸 Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of $150 million, with expectations to close between $175 million and $180 million by the end of June, according to a Bloomberg report.
The fund focuses on early-stage startups, emphasizing payments and stablecoins, and is closing at a time when venture funding in the crypto industry remains challenging.
Galaxy Ventures, which has historically invested between $30 million and $50 million annually from its own resources, has opened this new fund to outside investors, primarily family offices and high-net-worth individuals.
What are your thoughts on the future of venture funding in the crypto space? 💬
$BTC U.S. Bans Nvidia H20 Chip Sales to China Indefinitely
Nvidia’s H20 AI chip, tailored to meet U.S. export rules and the most advanced model permitted for sale in China, now faces an indefinite ban. The U.S. government cites fears that the chip could power supercomputers for Chinese military applications, prompting tighter restrictions.
As Nvidia’s fourth-largest market, China’s exclusion could hit hard, with Nvidia projecting a $5.5B loss this quarter due to inventory and commitments.
How will this ban reshape Nvidia’s strategy in the global AI market?
#wendy
{future}(BTCUSDT)
Binance has rolled out Initia ($INIT) on its Launchpool, letting users farm $INIT tokens by locking up $BNB , $FDUSD , or $USDC
It’s a chance for users to get in early on a project backed by heavyweights like Binance, which incubated it during its $25 million raise.
What do you think—will $INIT’s Launchpool spark a frenzy, or are pre-market prices already too frothy?
Join now [https://www.binance.com/en/support/announcement/detail/c288d0d677304b9e9246eceae0237ff3](https://www.binance.com/en/support/announcement/detail/c288d0d677304b9e9246eceae0237ff3?utm_source=1001274331208&utm_medium=GlobalCommunity&utm_campaign=AnnouncementBot)
#Binance #LaunchpoolINIT #INIT
⚡️ @Binance announces the 68th project on the Binance Launchpool – @Initia $INIT
Users will be able to lock their $BNB, $FDUSD, and $USDC into separate pools to receive #INIT airdrops over four days, with farming starting on April 18th at 00:00 UTC. Moreover, Binance will then list INIT on April 24th at 11:00 UTC, and open trading for the INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY trading pairs. Initia is an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics.
🔸 Total Token Supply: 1,000,000,000 INIT
🔸 Launchpool Token Rewards: 30,000,000 INIT
🔸 Initial Circulating Supply: 148,750,000 INIT
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