#BinanceLaunchpoolINIT
Here are 10 key points about #BinanceLaunchpoolINIT, referring to INIT (Initia) which is presented in Binance Launchpool:
1. Project Name: Initia (INIT) is the newest project presented in Binance Launchpool.
2. Launchpool Start Date: Farming for INIT began on April 17, 2025, at 00:00 UTC.
3. Listing on Binance: INIT will be listed on Binance on April 19, 2025, at 12:00 UTC.
4. Farming Duration: Users can farm INIT tokens by staking BNB or FDUSD for a period of 5 days (from April 17 to April 21).
5. Total Token Supply: INIT has a total supply of 1 billion tokens.
6. Launchpool Allocation: 50 million INIT tokens (5% of the total supply) are allocated to Launchpool.
7. Supported Pools: There are two staking pools:
BNB Pool: 80% of the Launchpool allocation
FDUSD Pool: 20% of the Launchpool allocation
8. Reward Distribution: Rewards are distributed hourly based on the amount you stake and the total stake of the pool.
9. Utility of INIT: INIT powers the **Init
