**Initia $INIT ** is a modular blockchain platform that combines Layer 1 and Layer 2 technologies to support a network of interconnected appchains called "Minitias." Its architecture is designed to enhance scalability, interoperability, and developer flexibility by integrating multiple virtual machines and enabling rapid block times.
**Binance Launchpool and Listing:**
- **Launchpool Farming Period:** Users could farm INIT tokens by staking BNB, USDC, or FDUSD from April 18 to April 23, 2025.
- **Token Distribution:** A total of 30 million INIT tokens (3% of the total supply) were allocated for Launchpool rewards. The distribution was as follows: 85% to the BNB pool, 10% to the USDC pool, and 5% to the FDUSD pool. citeturn0search11
- **Trading Commencement:** INIT was listed on Binance on April 24, 2025, at 11:00 UTC. Trading pairs include INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY. citeturn0search1
**Tokenomics:**
- **Total Supply:** 1,000,000,000 INIT tokens.
- **Initial Circulating Supply:** Approximately 148.75 million INIT tokens (14.88% of the total supply) were in circulation at the time of listing. citeturn0search0
- **Marketing Allocations:** An additional 10 million INIT tokens are designated for marketing efforts post-listing, with another 20 million reserved for marketing six months after the listing. citeturn0search2
**Key Features of Initia:**
- **Interwoven Stack:** Facilitates the creation of application-specific rollups (Minitias) with shared security and liquidity.
- **Multi-VM Support:** Supports various virtual machines, including MoveVM, WasmVM, and EVM, enhancing developer flexibility.
- **High Throughput:** Designed to achieve rapid block times (~500ms) and high transaction throughput (~10,000 TPS). citeturn0search9
