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Binance is thrilled to unveil the 68th project on Binance Launchpool – Initia (INIT), a groundbreaking Layer 1 blockchain. With a mission to unify application chains, Initia paves the way for a new era of decentralized applications through its unique interwoven infrastructure and optimized economy. This isn’t just a blockchain project—it’s your chance to be part of the future of technology!
Join Now to Earn INIT Rewards
Starting from 00:00 on 18-04-2025 (UTC), you can stake BNB, FDUSD, or USDC for 6 days to receive INIT airdrops. The event will conclude at 23:59 on 23-04-2025 (UTC). This is the perfect moment to invest and reap rewards from a project brimming with potential.
Key Details About Initia (INIT) Launchpool
- Token Name: Initia (INIT)
- Total Supply: 1,000,000,000 INIT
- Maximum Supply: 1,000,000,000 INIT
- Launchpool Rewards: 30,000,000 INIT (3% of total supply)
- Initial Circulating Supply: 148,750,000 INIT (~14.88% of total supply upon Binance listing)
Additionally:
- 10,000,000 INIT will be allocated for marketing campaigns post-listing (details in a separate announcement).
- 20,000,000 INIT will be allocated for further marketing campaigns 6 months after listing (details to be updated).
Reward Distribution
You can choose to stake assets in the following pools:
- BNB Pool: 25,500,000 INIT (85% of rewards)
- FDUSD Pool: 1,500,000 INIT (5% of rewards)
- USDC Pool: 3,000,000 INIT (10% of rewards)
Hourly Reward Caps
To ensure fairness, each user has an hourly reward cap:
- BNB Pool: 17,708.33 INIT
- FDUSD Pool: 1,041.66 INIT
- USDC Pool: 2,088.33 INIT
Event Timeline
- Start: 00:00 on 18-04-2025 (UTC)
- End: 23:59 on 23-04-2025 (UTC)
Don’t miss this opportunity—join now to claim your INIT rewards and grow with Initia!
Want more details? Check here https://www.binance.com/en/support/announcement/detail/c288d0d677304b9e9246eceae0237ff3
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