📅 The listing of $INIT will take place on April 24 at 14:00
Exchanges: Binance, Bybit, Mexc, Gate, Bitget
Tokens can be claimed in the first 30 days after the launch of the Initia mainnet.
*️⃣For the first drop, 5% of the total supply (50 million $INIT) was allocated, of which:
• 89.46% for Testnet Participants.
• 4.5% for Interwoven Stack Partners
• 6.04% for Social Contributors.
*️⃣In the category of Testnet Participants, a total of 194,294 users participated. Criteria:
• Level 3+ Jennie.
• 2+ stickers (frozen Jennie counts as 1 sticker).
*️⃣In the category of Interwoven Stack Partners, tokens were allocated for:
• Top 2000 users of LayerZero by the number of transactions in EVM networks. It was important to receive the first drop from L0 and continue using the protocol.
• Top 2000 users of IBC in Noble, Osmosis, and Neutron. The snapshot was on May 14, 2024.
• Top 2000 holders of milkTIA. The snapshot was on February 28, 2025.
*️⃣In the category of Social Contributors, tokens were allocated for:
• Discord participants with roles such as Militia Captain, Militia Lieutenant, OG, Initiate of the Week, Community Event Winner, Eco Reclaimers, Holoweavers, Isolation Navigators, Yapper, and First Weeker (this role needs to have another eligible role, and this one is additional). The snapshot was on March 28, 2025.
• Telegram enthusiasts of the Init Intern group. 369 users were included. The snapshot was taken on March 28.
• Top 4000 users in the Initia Yapper leaderboard from January 2024 to March 28, 2025.
Binance announced Initia on Binance Launchpool, where by staking BNB, FDUSD, or USDC, you can farm $INIT tokens for 6 days, starting from April 18 at 03:00 MSK to April 24 at 03:00 MSK.
*️⃣In the Launchpool, 3% of the total supply was allocated, of which:
• 25.5 million INIT (85%) allocated for pool BNB;
• 1.5 million INIT (5%) for pool FDUSD;
• 3 million INIT (10%) for pool USDC.
A total of 1 billion tokens will be available, of which 14.8% will initially be in the market.
At the moment, the token $INIT is trading on the Binance pre-market at $0.8 with an FDV of $800 million
All information currently known, while the situation is unclear, maybe we will trade the spreads, we will see