#PowellRemarks
Binance Launchpool Presents Initia (INIT): Earn INIT by Staking USDC and FDUSD
Binance has introduced Initia (INIT) as the 68th project featured on Binance Launchpool. This upcoming listing highlights Initia, a next-generation Layer-1 blockchain focused on uniting appchains through shared infrastructure and cohesive economic models.
Designed with modular architecture and seamless interoperability, Initia aims to transform the appchain ecosystem. Binance users can begin farming INIT tokens before its spot listing.
INIT Token Farming Period: April 18–23
Participants can earn INIT by staking USDC or FDUSD over a 6-day period, from April 18, 2025 at 00:00 UTC until April 23, 2025 at 23:59 UTC.
Farming Highlights:
Total Supply: 1,000,000,000 INIT
Launchpool Allocation: 30,000,000 INIT (3% of total supply)
Initial Circulating Supply: 148,750,000 INIT (~14.88%)
Smart Contract Info: To be available upon public mainnet launch
Listing Fee: 0 BNB
Eligible Staking Pools & Rewards:
| Pool | Allocation | Hourly Cap/User | |-------|-----------|- | FDUSD | 1,500,000 INIT (5%) | 1,041.66 INIT | | USDC | 3,000,000 INIT (10%) | 2,088.33 INIT |
Note: BNB pool will not be available for this Launchpool round.
INIT Spot Trading Launches April 24
INIT will be listed for spot trading on April 24 at 11:00 UTC with the following pairs:
INIT/USDT
INIT/USDC
INIT/FDUSD
INIT/TRY
INIT/BNB
A Seed Tag will be applied, indicating INIT is in its early development stage.
About Initia
Initia is a modular Layer-1 blockchain and Layer-2 rollup framework designed for sovereign appchains. It enables developers to build and deploy interoperable appchains with shared security, liquidity, and governance, all underpinned by a robust consensus mechanism.
10,000,000 INIT will be distributed via Binance’s post-listing marketing activities.
20,000,000 INIT is set aside for promotional campaigns within 6 months after launch.
Further details will be shared soon.
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