Binance Launchpool launches project number 68 – Initia (INIT)
Initia is a Layer 1 blockchain that connects appchains together, optimizing value through interwoven infrastructure and a consensus economic model.
Users can lock BNB, FDUSD, or USDC to receive an INIT airdrop for 6 days, starting from April 18, 2025, at 07:00 AM (Vietnam time).
Total Launchpool rewards: 30 million INIT (accounting for 3% of the total supply of 1 billion INIT).
After listing, an additional 30 million INIT will be allocated for marketing campaigns.
Initial circulating supply: approximately 148.75 million INIT (~14.88%).
Binance will list INIT on April 24, 2025, at 18:00 (Vietnam time) with trading pairs: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY. INIT will have a Seed Tag.
Total rewards by pool:
BNB pool: 25.5 million INIT (85%)
FDUSD pool: 1.5 million INIT (5%)
USDC pool: 3 million INIT (10%)
Limit per hour/person:
BNB: 17,708.33 INIT
FDUSD: 1,041.66 INIT
USDC: 2,088.33 INIT
The Launchpool page will open in the next 12 hours. Users need to complete KYC to participate.
Listing fee: 0
#INIT #BinanceLaunchpool #Initia