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Introdu...nd USDC
Introducing Initia (INIT) on Binance Launchpool! Farm INIT by Locking BNB, FDUSD and USDC
2025-04-17 13:59
This is a general announcement. Products and services referred to here may not be available in your region.
IMPORTANT: Binance is the first platform to announce the listing of the mentioned token(s), with trading starting at 2025-04-24 11:00 (UTC). Any claims to offer the token(s) for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds.
Fellow Binancians,
Binance is excited to announce the 68th project on Binance Launchpool - Initia (INIT), an L1 blockchain that unites appchains to unlock their full value through interwoven infrastructure and aligned economics. The webpage is estimated to be available in 12 hours, before the Launchpool starts.
Users will be able to lock their BNB, FDUSD, and USDC to receive INIT airdrops over 6 days, with farming starting from 2025-04-18 00:00 (UTC).
Listing
Binance will then list INIT at 2025-04-24 11:00 (UTC) and open trading with INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY trading pairs. The Seed Tag will be applied to INIT.
INIT Launchpool Details:
Total Token Supply: 1,000,000,000 INIT
Max Token Supply: 1,000,000,000 INIT
Launchpool Token Rewards: 30,000,000 INIT (3% of total token supply)
An additional 10,000,000 INIT will be allocated to the other marketing campaigns (in batches) after spot listing. Details will be shown in a separate announcement.
An additional 20,000,000 INIT will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement.
Initial Circulating Supply When Listed on Binance: 148,750,000 INIT (~14.88% of total token supply)
Smart Contract/ Network Details: Initia Main Explorer (will be available at public launch)
