Binance has officially introduced Initia (INIT) as the latest project on Binance Launchpool! Here's a quick overview:
About Initia (INIT) on Binance Launchpool:
Farming Start Date: April 20, 2025 (typically at 00:00 UTC)
Farming Period: Usually lasts for 7–10 days (check Binance Launchpool for exact duration)
Total Supply: 1,000,000,000 INIT
Launchpool Token Rewards: 50,000,000 INIT (5% of total supply)
Supported Pools:
BNB Pool
FDUSD Pool
USDC Pool
How to Farm INIT:
1. Go to Binance Launchpool.
2. Choose a pool: BNB, FDUSD, or USDC.
3. Stake your tokens into the pool.
4. Earn INIT daily proportional to your stake.
What is Initia?
Initia is a Layer 1 platform that combines modular architecture with Layer 2 rollups and appchains. It focuses on building scalable and interoperable decentralized applications (dApps) with native interchain communication and a Cosmos-SDK-based framework.