INIT Launchpool Now Live: Stake BNB to Farm INIT Tokens

Binance has introduced its 68th Launchpool project: Initia (INIT), a Layer 1 blockchain designed to connect application chains through shared infrastructure and coordinated economic mechanisms.

Launchpool Farming Period:

April 18, 2025, 00:00 UTC – April 23, 2025, 23:59 UTC

Supported Staking Assets:

$BNB

$FDUSD

$USDC

Reward Distribution:

Total INIT Rewards: 30,000,000 INIT (3% of total supply)

BNB Pool: 25,500,000 INIT (85%)

FDUSD Pool: 1,500,000 INIT (5%)

USDC Pool: 3,000,000 INIT (10%)

BNB Pool Specifics:

Hourly Hard Cap per User: 17,708.33 INIT

Rewards are calculated and updated hourly

Users can claim rewards anytime to their Spot Wallets

INIT Listing Details:

INIT will be listed on Binance on April 24, 2025, at 11:00 UTC with the following trading pairs:

INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY

Additional Info:

Initial Circulating Supply at Launch: 148,750,000 INIT (~14.88% of total supply)

Launchpool participation requires KYC verification

Tokens can be unlocked anytime and used in other Launchpools

More info: Binance Launchpool.

#INIT #Launchpool #BNB #CryptoFarming #BinanceSquare