Binance lunchpool INIT?

Binance is actively supporting its community by introducing new opportunities. Its latest initiative is the 68th Launchpool project: Initia (INIT), a modular Layer-1 blockchain that supports Layer-2 rollups. With only three days left in the farming period, here's a comprehensive overview of this project.

What is Initia (INIT)?

Initia is a modular Layer-1 blockchain designed to support Layer-2 rollups, enabling scalable and efficient decentralized applications.

Initia (INIT) farming details

Farming Period & Listing Details

Farming Duration: April 18, 2025, 00:00 UTC to April 23, 2025, 23:59 UTC

Trading Start: April 24, 2025, 11:00 UTC on Binance

Trading Pairs: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY

Tokenomics

Total Supply: 1,000,000,000 INIT

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

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

Farming Pools & Rewards Distribution

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

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

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

Hourly Hard Cap per User:

BNB Pool: 17,708.33 INIT

USDC Pool: 2,088.33 INIT

FDUSD Pool: 1,041.66 INIT

Participation Requirements

KYC Verification: Required on Binance

Flexibility: Users can stake or withdraw funds at any time

Gas Fees: No gas fees during the farming process

Important Security Notice

INIT is officially listed only on Binance.

Farming is exclusively available through Binance Launchpool.

Beware of unauthorized listings or sales.

How to farm INIT on binanc?

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