Binance Launchpool Introduces Initia (INIT) – The 68th Project on the Platform
We’re excited to unveil the 68th project on Binance Launchpool: Initia (INIT) — a next-generation Layer 1 blockchain designed to seamlessly connect appchains and unlock their full potential through unified infrastructure and harmonized economics.
Participate in INIT Farming on Launchpool
Starting April 18, 2025, at 00:00 UTC, users will be able to farm INIT tokens by staking BNB, FDUSD, or USDC in dedicated Launchpool pools. The official Launchpool webpage is expected to go live approximately 12 hours prior to the farming start time.
Token Name: Initia (INIT)
Total Supply: 1,000,000,000 INIT
Launchpool Token Rewards: 30,000,000 INIT (3% of total supply)
Initial Circulating Supply: 148,750,000 INIT (~14.88% of total supply)
Smart Contract: Initia Mainnet (details available at public launch)
In addition to the Launchpool rewards, a further 10,000,000 INIT will be distributed via marketing campaigns following the token’s spot listing, with another 20,000,000 INIT to be allocated for promotional activities six months post-listing. More details will be announced separately.
Supported Farming Pools and Allocation
BNB Pool: 25,500,000 INIT (85%)
FDUSD Pool: 1,500,000 INIT (5%)
USDC Pool: 3,000,000 INIT (10%)
Farming Period
Start: April 18, 2025, 00:00 UTC
End: April 23, 2025, 23:59 UTC
