🚀 New project @initia on #Binance token (INIT) that you can collect for free through Launchpool for 6 days 🔗🧠
Binance announced project number 68 on the Launchpool platform, which is the Initia (INIT) project – a layer 1 (L1) blockchain aimed at unifying appchains through interconnected infrastructure and a unified economy. In short? Initia aims to solve one of the biggest problems in Web3: the isolation between networks! 🔥
🧠 What is Initia (INIT)?
The Initia project is an L1 blockchain designed to connect appchains and provide an interactive environment among them, instead of functioning as isolated islands. Its infrastructure allows each network to benefit from other networks, enhancing overall strength and efficiency. 💡
🗓️ Details of INIT launch on Launchpool
🔹 Farming start:
From April 18, 2025 – 00:00 UTC to April 23, 2025 – 23:59 UTC
🔹 Official listing on Binance:
April 24, 2025 – 11:00 UTC
💰 Number of tokens traded at listing: 148,750,000 INIT (approximately 14.88%)
🔐 Detailed participation method in Launchpool
2️⃣ Prepare your tokens (BNB or FDUSD or USDC) 👛
Each of these tokens has its own dedicated pool, with a specific percentage of rewards allocated to each pool:
BNB Pool: contains 25.5 million INIT (85% of rewards)
FDUSD Pool: contains 1.5 million INIT (5%)
USDC Pool: contains 3 million INIT (10%)
3️⃣ Go to the Launchpool page (available within 12 hours) 🌐
Once the page is activated, you will be able to see the pools and token details, and start locking your tokens (Staking) in the pool that suits you.
4️⃣ Lock your tokens and start farming 🔒🌱
Once you lock the tokens, rewards will start accumulating automatically every hour based on the amount of tokens you have locked
✅ Additional features for BNB subscribers
If you participate with BNB, you're not just earning INIT, but also benefiting from:
Airdrops 💸
Trading discounts 🧾
Upcoming Launchpad projects 🚀
VIP benefits based on your BNB balance 💼