🔹 Binance’s 68th Launchpool Project: Initia (INIT)

Binance has unveiled Initia (INIT), an omni-chain rollups network powering next-gen appchains, as its 68th Launchpool project. Starting April 18, 2025 (00:00 UTC), users can farm $INIT by staking $BNB , $FDUSD , or $USDC over a 6-day farming period (until April 23).

🔹 Key Details at a Glance

  • Total Supply: 1 billion INIT

  • Launchpool Rewards: 30M INIT (3% of supply)

  • Trading Goes Live: April 24, 2025 (11:00 UTC)

    • Pairs: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY

  • Initial Circulating Supply: ~148.75M INIT (14.88% of total)

🔹 How to Participate?

  1. Stake BNB, FDUSD, or USDC in dedicated pools.

  2. Earn INIT rewards distributed hourly.

    • Hourly Caps:

      • BNB Pool: 17,708.33 INIT

      • FDUSD Pool: 1,041.66 INIT

      • USDC Pool: 2,088.33 INIT

  3. Claim & Trade from April 24 onward.

⚠️ Note:

  • KYC verification required.

  • Binance is the first to list INIT—beware of fake listings!

🔹 Why Initia?

Initia’s omni-chain rollups simplify appchain development, offering:
✅ Scalability
✅ Interoperability
✅ User-friendly infrastructure

Stay tuned for Binance’s upcoming research report for deeper insights!

#BinanceLaunchpoolINIT #INITToken #USDC #BNBLUNCPOOL #BinanceLeadsQ1