Binance has announced the launch of its 68th project on the Binance Launchpool, featuring Initia (INIT), an omni-chain rollups network designed to enhance the capabilities of appchains. Starting April 18, 2025, at midnight UTC, users will have the opportunity to acquire INIT by locking BNB, FDUSD, and USDC.The total supply of INIT is set at 1 billion tokens, with 30 million tokens allocated for rewards during the Launchpool phase, representing 3% of the total supply. Users will receive airdrops over a six-day farming period, which concludes on April 23, 2025.
Binance will list INIT for trading on April 24, 2025, at 11 a.m. UTC. The trading pairs will include INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY.
