🔥 Binance announces the launch of the Initia (INIT) project, a first-layer (1) blockchain that unifies application chains to unlock the full value through interwoven infrastructure and consistent economics

🔥 How to acquire INIT: This is done by staking #BNB, #FDUSD, and #USDC

🔥 User balances and total pool balances will be recorded several times at any point during each hour to obtain the average user balances per hour and calculate user rewards. User rewards will be updated every hour.

🔥 Users can stake their BNB, FDUSD, and USDC to receive free INIT distributions over 6 days, with collection starting from 18-04-2025 at 00:00 (UTC).

🔥 Listing date: Binance will list INIT on 24-04-2025 at 11:00 (UTC)

Details of the INIT launch pool:

🔥 Token Name: Initia (INIT)

🔥 Total Token Supply: 1,000,000,000 INIT

🔥 Maximum Token Supply: 1,000,000,000 INIT

🔥 Launch Pool Token Rewards: 30,000,000 INIT (which is 3% of the total token supply)

🔥 Initial trading supply upon listing on Binance: 148,750,000 INIT (approximately ~14.88% of the total token supply)