#BinanceLaunchpoolINIT
Binance Launchpool is featuring its 68th project, Initia (INIT), a Layer 1 blockchain designed to unify appchains through interwoven infrastructure and aligned tokenomics. This innovative approach aims to create a collaborative ecosystem where application-specific blockchains can interact seamlessly.
Users can farm INIT tokens by staking their BNB, FDUSD, and USDC in separate pools on the Binance Launchpool for six days, starting April 18, 2025, at 00:00 (UTC). This provides an opportunity to earn INIT tokens before they are officially listed for trading.
Binance will list INIT on April 24, 2025, at 11:00 (UTC), with trading pairs including INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY. The INIT token will be tagged as a Seed Tag, indicating that it is a new project with potentially higher volatility and risks. The total supply of INIT is 1 billion tokens, with 30 million allocated for Launchpool rewards. The initial circulating supply will be approximately 148.75 million INIT.