📰 INITia Joins Binance Launchpool: A New Era for Appchains Begins
Binance has unveiled its 68th Launchpool project: Initia (INIT), a next-generation Layer-1 blockchain designed to unify appchains through modular architecture and aligned economics.
Starting April 18, 2025, at 00:00 UTC, users can farm INIT tokens by staking BNB, FDUSD, or USDC over a six-day period. A total of 30 million INIT tokens (3% of the total supply) are allocated as Launchpool rewards.
The INIT token will be listed on Binance on April 24, 2025, at 11:00 UTC, with trading pairs including INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY.
Initia aims to simplify the deployment and management of appchains, offering developers tools to create scalable, application-specific chains with shared liquidity and user bases.
In other words, INIT is here to make appchains less of a headache and more of a party. 🎉