#INitOnBinance

Initia Launches with Major Exchange Listings

Initia (INIT), Binance Launchpool's 68th project, is set to list on major exchanges including Binance on April 24. Following a six-day farming period from April 18-23, users earned INIT tokens by staking Binance Coin, USDC, or FDUSD, with 30 million tokens allocated as rewards.

Initia, a Layer 1 blockchain, has raised $25 million in funding. The total supply of INIT is 1 billion tokens, with 500 million allocated for staking rewards and a vested interest program. Additional allocations include community engagement and strategic initiatives, with a four-year vesting schedule for developers and investors.