🟡 #BinanceLaunchpoolINIT They are launching a new project in their Launchpool called Initia (INIT). Imagine that Initia is like a state-of-the-art highway for different applications that operate on blockchains. Its goal is to make it easier and more efficient for these applications to connect and work together, sharing resources and having similar economic objectives.
🔸To celebrate the launch of Initia, Binance is giving its users the opportunity to "farm" or earn INIT tokens before they are available for buying and selling on the regular Binance market. How is this done? It’s simple! You can lock your USDC (a stablecoin pegged to the US dollar) or your FDUSD (another Binance stablecoin) in the Launchpool for a period of time.
🔸This "farming" period will last six days, starting on April 18, 2025, at 00:00 UTC and ending on April 23, 2025, at 23:59 UTC. During these days, by having your USDC or FDUSD locked, you will receive a portion of the INIT tokens being distributed. It’s like you are "growing" new cryptocurrencies just by having your stablecoins in the right place.
🔸So, if you have USDC or FDUSD and are interested in being one of the first to obtain tokens from this new project that aims to revolutionize the connection between blockchains, this is your opportunity! You just have to go to the Launchpool section on Binance starting April 18 and lock your stablecoins to start earning INIT. Then, when INIT is officially listed on Binance, you will be able to use the tokens you have farmed as you like. It’s a way to participate in new projects before anyone else!
🔸To celebrate the launch of Initia, Binance is giving its users the opportunity to "farm" or earn INIT tokens before they are available for buying and selling on the regular Binance market. How is this done? It’s simple! You can lock your USDC (a stablecoin pegged to the US dollar) or your FDUSD (another Binance stablecoin) in the Launchpool for a period of time.
🔸This "farming" period will last six days, starting on April 18, 2025, at 00:00 UTC and ending on April 23, 2025, at 23:59 UTC. During these days, by having your USDC or FDUSD locked, you will receive a portion of the INIT tokens being distributed. It’s like you are "growing" new cryptocurrencies just by having your stablecoins in the right place.
🔸So, if you have USDC or FDUSD and are interested in being one of the first to obtain tokens from this new project that aims to revolutionize the connection between blockchains, this is your opportunity! You just have to go to the Launchpool section on Binance starting April 18 and lock your stablecoins to start earning INIT. Then, when INIT is officially listed on Binance, you will be able to use the tokens you have farmed as you like. It’s a way to participate in new projects before anyone else!
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