#BinanceInitilLaunchpool the 68th project on Binance Launchpool, allowing users to farm INIT tokens by locking BNB, FDUSD, and USDC. Here's what's happening ¹ ²:
- *INIT Token Details*:
- Total supply: 1 billion tokens
- Launchpool rewards: 30 million tokens (3% of total supply)
- Initial circulating supply: 148.75 million tokens (14.88% of total supply)
- *Farming Period*: April 18, 2025, 00:00 UTC to April 23, 2025, 23:59 UTC
- *Listing*: INIT will be listed on Binance on April 24, 2025, at 11:00 UTC, with trading pairs INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY
- *Rewards Allocation*:
- BNB pool: 85% of rewards (25.5 million INIT)
- FDUSD pool: 5% of rewards (1.5 million INIT)
- USDC pool: 10% of rewards (3 million INIT)
- *Hourly Hard Cap per User*:
- FDUSD pool: 1,041.66 INIT
- USDC pool: 2,088.33 INIT
To participate, users need to complete KYC verification and lock their assets in one of the supported pools. Note that users from certain countries, including Australia, Canada, and the US, are not eligible to participate ².
$init
