🚨 Binance Introduces Initia (INIT), Its 68th Launchpool Project – Listing Scheduled for April 24 ✨
Binance has officially announced its 68th project on Launchpool, ahead of listing: Initia (INIT).
Binance INIT Launchpool Details
In the official announcement, Binance revealed that users will be able to lock their BNB, FDUSD, and USDC to get INIT airdrops over six days.
The farming period debuts on April 18 at 00:00 (UTC) and will last until April 23 at 23:59 (UTC).
The crypto exchange listed the following essential INIT Launchpool details:
The total token supply for INIT is 1 billion tokens.
The maximum token supply is 1 billion INIT tokens.
The Launchpool token rewards are 30 million INIT tokens, representing 3% of the total supply.
10 million INIT tokens will be allocated to other marketing campaigns in batches following the spot listing.
20 million INIT tokens will be allocated to other marketing campaigns in batches six months following the spot listing.
The initial circulating supply at Binance listing will be 148,75 million INIT tokens, or 14,87% of the total supply.
INIT’s listing fee will be 0.