Binance has announced the distribution of a new cryptocurrency in its **Launchpool** program. It is **Initia (INIT)**, a layer one blockchain focused on **rollups**. The platform will distribute **30 million INIT tokens**, equivalent to approximately **22.2 million dollars** according to its current price of **0.74 USD**.
### Launchpool Details:
- **Farming period:** From **April 18 to April 23**.
- **Tokens available:** 30 million INIT (3% of total supply), its 68th Launchpool project - The ...](https://crypto.ro/es/noticias/binance-introduce-initia-init-su-68o-proyecto-launchpool-la-cotizacion-esta-programada-para-el-24-de-abril/).
- **Staking pools:**
- **BNB:** 85% of the tokens.
- **FDUSD:** 5% of the tokens.
- **USDC:** 10% of the tokens.
### Listing on Binance:
- **Date:** **April 24, 2025**, its 68th Launchpool project - The ...](https://crypto.ro/es/noticias/binance-introduce-initia-init-su-68o-proyecto-launchpool-la-cotizacion-esta-programada-para-el-24-de-abril/).
- **Trading pairs:** INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY, its 68th Launchpool project - The ...](https://crypto.ro/es/noticias/binance-introduce-initia-init-su-68o-proyecto-launchpool-la-cotizacion-esta-programada-para-el-24-de-abril/).
Binance will be the **first platform** to list INIT, so it advises caution against potential fraud attempts, its 68th Launchpool project - The ...](https://crypto.ro/es/noticias/binance-introduce-initia-init-su-68o-proyecto-launchpool-la-cotizacion-esta-programada-para-el-24-de-abril/). Are you interested in participating in the farming of this new cryptocurrency? 🚀
💵🤑🚀💻💰🔥