#BinanceLaunchpoolINIT

**Binance Launchpool Initia (INITHere’s a detailed breakdown of Binance’s 68th Launchpool project, **Initia (INIT)**, a Layer-1 blockchain positioned as an Ethereum competitor with a focus on simplifying appchain development through its "Interwoven Stack" infrastructure .

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### **Key Details**

1. **Launchpool Participation**

- **Staking Period**: Started on **April 18, 2025**, at 08:00 (UTC+8) and runs for **6 days** until April 24 .

- **Supported Assets**: Users can stake **BNB**, **FDUSD**, and **USDC** to earn INIT tokens .

- **Token Allocation**: 3% (30 million INIT) of the total 1 billion supply is allocated to Launchpool rewards, with additional allocations post-listing for marketing and ecosystem incentives .

2. **Token Listing & Trading**

- **Spot Trading**: Begins on **April 24, 2025**, at 19:00 (UTC+8) with pairs including **INIT/USDT**, **INIT/BNB**, **INIT/FDUSD**, **INIT/USDC**, and **INIT/TRY** .

- **Perpetual Contract**: Binance Futures launched an **INIT/USDT perpetual contract** on April 16 with up to **5x leverage** .

3. **Initia’s Value Proposition**

- Targets developer efficiency by offering an all-in-one solution for building rollups and appchains, reducing the complexity of integrating fragmented tools .

- Aims to align economic incentives across appchains to unlock interoperability and shared security .

4. **Tokenomics**

- **Initial Circulating Supply**: 148.75 million INIT (14.875% of total supply) .

- **Post-Launch Allocation**: 10 million INIT reserved for marketing, and 20 million INIT to be unlocked 6 months after listing .

5. **Strategic Significance**

- Binance’s Launchpool provides **global exposure** to millions of users and ensures liquidity across major trading pairs .

- Initia joins a growing list of projects leveraging Binance’s ecosystem for accelerated adoption .