Introducing Initia (INIT) on Binance Launchpool – Start Farming by Locking BNB, FDUSD & USDC
Heads up, crypto enthusiasts! Binance is thrilled to unveil its 68th Launchpool project — Initia (INIT), a next-gen Layer 1 blockchain designed to connect appchains through unified infrastructure and aligned incentives.
Farming Starts: April 18, 2025, at 00:00 (UTC)
Trading Launches: April 24, 2025, at 11:00 (UTC)
Trading Pairs: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY
Important: Binance is the first to announce the INIT listing. Any offers or sales before April 24 at 11:00 (UTC) are likely fake. Please DYOR to protect your funds.
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What Is Initia (INIT)?
Initia is a Layer 1 blockchain that empowers appchains by integrating them into a seamless network with shared infrastructure and economic alignment.
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Launchpool Details:
Total Supply: 1,000,000,000 INIT
Launchpool Rewards: 30,000,000 INIT (3% of total supply)
Initial Circulating Supply: 148,750,000 INIT (~14.88%)
Launchpool Farming Duration: April 18 – April 23 (6 days)
Listing Fee: $0
Seed Tag: Applied to INIT
KYC Required: Yes
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Supported Pools:
Hourly Reward Cap Per User:
FDUSD Pool: 1,041.66 INIT
USDC Pool: 2,088.33 INIT
Farming Mechanics:
Rewards calculated hourly
Real-time APY and pool balance updates
Lock/unlock funds anytime
Unclaimed tokens auto-transferred to Spot Wallet after farming ends
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Key Notes:
BNB in Flexible/Locked Products automatically participates in farming
Users can’t stake the same token in multiple pools simultaneously
INIT tokens cannot be deposited or withdrawn in: Belgium, France, Italy, Poland, Spain, and Sweden
INIT farming not available in: US, Canada, Australia, Japan, and certain other regions
Binance App must be updated to version 2.89.0 or above
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