Manjunath p y

Binance has unveiled Initia (INIT) as the 68th project on Binance Launchpool, marking the upcoming listing of a next-generation Layer-1 blockchain designed to connect and unify appchains with shared infrastructure and aligned economic models.Initia aims to reshape the app chain landscape by offering modular architecture and interoperability across its ecosystem. Binance users can now farm INIT tokens ahead of its official spot listing.INIT Token Farming: April 18–23Users can participate in INIT Launchpool farming by locking USDC or FDUSD over 6 days from April 18, 2025 at 00:00 UTC to April 23, 2025 at 23:59 UTC.Key Farming Details:Total Token Supply: 1,000,000,000 INITLaunchpool Rewards: 30,000,000 INIT (3% of total supply)Initial Circulating Supply: 148,750,000 INIT (~14.88%)Smart Contract: Initia Mainnet Explorer (to be launched at public mainnet)Listing Fee: 0 BNBSupported Pools:PoolReward AllocationHourly Cap/UserFDUSD1,500,000 INIT (5%)1,041.66 INITUSDC3,000,000 INIT (10%)2,088.33 INIT Note: The BNB pool will not be activated for this round. INIT Spot Trading to Begin April 24Binance will officially list INIT on April 24 at 11:00 UTC, opening trading for the following pairs:INIT/USDTINIT/USDCINIT/FDUSDINIT/TRYINIT/BNBThe Seed Tag will apply to INIT, indicating its early-stage development phase.What Is Initia?Initia is a modular L1 blockchain and Layer-2 rollup framework purpose-built for sovereign appchains. By combining shared security, liquidity, and governance alignment with a robust consensus layer, Initia helps developers launch their own interoperable appchains while reducing friction in cross-chain communication.Upcoming Campaigns & Additional Airdrops10,000,000 INIT to be distributed through Binance marketing activities post-spot listing.20,000,000 INIT reserved for future campaigns 6 months after launch.More details will be shared in upcoming announcements.KYC & TermsUsers must complete KYC and meet Binance’s eligibility requirements to participate in Launchpool. Full Launchpool Terms and Conditions apply.