On April 24, Binance will list Initia (INIT), its 68th Launchpool project.
INIT farming begins April 18th at 00:00 UTC.
Binance will list INIT at 11:00 UTC on April 24.
Binance reveals its 68th Launchpool project, Initia (INIT), before listing.
Initia, an L1 blockchain, unites chain applications to maximize value:
Interconnected infrastructure
An aligned economy
Initia's philosophy is to make strong judgments about infrastructure like data availability, interoperability, and oracles.
The project's Interwoven Stack lets developers create app-specific environments while retaining app ecosystem accessible.
Binance INIT Launchpool Info
In the official release, Binance said customers may lock BNB, FDUSD, and USDC for six days to earn INIT airdrops.
The agricultural season begins April 18 at 00:00 (UTC) and ends April 23 at 23:59.
The crypto exchange provided key INIT Launchpool details:
INIT has 1 billion tokens.
INIT tokens are limited to 1 billion.
Launchpool token awards are 30 million INIT tokens, 3% of the supply.
After spot listing, 10 million INIT tokens will be distributed to other marketing campaigns in installments.
Six months after spot listing, 20 million INIT tokens will be distributed to additional marketing initiatives.
Initial circulating supply at Binance listing is 148,75 million INIT tokens, 14,87% of total supply.
Zero listing charge for INIT.
Binance also listed supported pools:
BNB locked rewards: 25,5 million INIT
1,5 million INIT locked FDUSD awards
Rewards for locking USDC: 3 million INIT
Project listing will begin on the crypto market.
Binance INIT listing info
On April 24, at 11:00 (UTC), Binance will begin INIT trading for the following pairs:
INIT/USDTINIT/USDCINIT/BNBINIT/FDUSDINIT/TRY
The crypto exchange will feature INIT with Seed Tag, suggesting the project is younger and may be more volatile than other digital assets, thus users should be cautious.
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