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1. Binance Support (official announcement)
Binance announced that the Initia (INIT) project is the 68th project on the Launchpool platform, with a farming period from April 18, 2025, 00:00 UTC to April 23, 2025, 23:59 UTC. Users can lock BNB, FDUSD, and USDC to participate in a total reward distribution of 5,000,000 INIT. INIT will be listed for trading on April 24, 2025, 11:00 UTC with trading pairs INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY applying the “Seed Tag.”
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2. Binance Square (Binance News post)
• Total supply of INIT: 1,000,000,000 INIT
• Allocated Launchpool rewards: 30,000,000 INIT (3% of total supply)
• FDUSD pool receives 1,500,000 INIT (maximum 1,041.66 INIT/hour)
• USDC pool receives 3,000,000 INIT (maximum 2,088.33 INIT/hour)
• BNB pool not active for this launch
• After listing (April 24, 2025, 11:00 UTC), trades will be available in pairs INIT/USDT, INIT/USDC, INIT/FDUSD, INIT/TRY, INIT/BNB with the application of the “Seed Tag.”
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3. Crypto.ro (news article)
The article highlights that Initia is a Layer 1 (L1) chain aiming to unify “appchains” through shared infrastructure and consistent economic models. The farming of INIT runs from April 18 to April 23, 2025, with spot trading starting on April 24, 2025, focusing on the philosophy of “interwoven architecture” that enables developers to launch intertwined chains without sacrificing interoperability.
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