🪙 INIT Token Overview
Token Name: Initia (INIT)
Total Supply: 1,000,000,000 INIT
Initial Circulating Supply: 148,750,000 INIT (~14.88% of total supply)
Launchpool Rewards: 30,000,000 INIT (3% of total supply)
Additional Marketing Allocations: 10,000,000 INIT post-listing; 20,000,000 INIT six months after listing
Trading Pairs on Binance: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY
Listing Date: April 24, 2025, at 11:00 UTC
⚙️ Key Features
Interwoven Rollups: Combines L1 and L2 technologies to enable scalable and customizable appchains.
High Performance: Supports 10,000 transactions per second (TPS) with 500ms block times.
Enshrined Liquidity: An altered Proof of Stake consensus mechanism that allows INIT-denominated liquidity to be staked with validators, securing the network while acting as multichain liquidity.
Initia VIP Program: Distributes INIT tokens to create economic alignment, encouraging ecosystem participants to contribute to Initia’s success.
🎁 Airdrop Details
Binance Launchpool participants can farm INIT by staking BNB, FDUSD, or USDC from April 18 to April 23, 2025. The airdrop distributes 30 million INIT tokens, representing 3% of the total supply.
📈 Market Activity
Premarket trading for INIT began on April 15, 2025, with prices ranging between $0.60 and $0.70, suggesting a fully diluted valuation of approximately $600–700 million.
