Binance Announces 68th Project on Launchpool: Initia (INIT)

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Binance has unveiled Initia (INIT) as the 68th project on Binance Launchpool.

Users will be able to farm INIT tokens over a 6-day period by staking BNB, FDUSD, and USDC, starting from 00:00 (UTC) on April 18, 2025.

Create a Binance account here to enjoy trading fee discounts.

Start staking BNB, FDUSD, or USDC to earn INIT here.

INIT Listing Information

Binance will list INIT at 11:00 (UTC) on April 24, 2025, with the following trading pairs:

INIT/USDT
INIT/USDC
INIT/BNB
INIT/FDUSD
INIT/TRY

INIT will carry a Seed Tag label.

INIT Launchpool Details

Token Name: Initia (INIT)
Total Supply: 1,000,000,000 INIT
Max Supply: 1,000,000,000 INIT
Launchpool Rewards: 30,000,000 INIT (3% of total supply)
- 10,000,000 INIT will be distributed through future marketing campaigns post-listing (to be announced).
- 20,000,000 INIT will be allocated to further marketing campaigns 6 months after listing (to be announced).
Initial Circulating Supply at Listing: 148,750,000 INIT (~14.88% of total supply)
Smart Contract/Network Details: Will be available via Initia’s mainnet explorer at launch
Listing Fee: 0
Launchpool Requirements: KYC completion required on Binance

Hourly Harvest Limits Per User:

BNB Pool: 17,708.33 INIT/hour
FDUSD Pool: 1,041.66 INIT/hour
USDC Pool: 2,088.33 INIT/hour

Supported Pools:

BNB Pool (available ~12 hours before launch): 25,500,000 INIT (85% of rewards)
FDUSD Pool (available ~12 hours before launch): 1,500,000 INIT (5% of rewards)
USDC Pool (available ~12 hours before launch): 3,000,000 INIT (10% of rewards)
Farming Period: April 18, 2025, 00:00 (UTC) – April 23, 2025, 23:59 (UTC)

About Initia (INIT)

Initia is a next-generation blockchain platform that combines Layer 1 and Layer 2 infrastructure, leveraging Optimistic Rollups and supporting multiple virtual machines including EVM, MoveVM, WasmVM, with Celestia integration for secure data availability.

The Initia ecosystem consists of a coordinating Layer 1 and multiple Layer 2 chains, called Minitias, to enhance security, liquidity, and interchain connectivity. With Enshrined Liquidity, users can stake INIT to help facilitate seamless cross-chain transactions.

Initia streamlines the development of modular, multi-chain blockchain systems, making it easier for developers to build scalable and independent applications. Its support for Optimistic Rollups provides a robust foundation and tools for creating highly interoperable decentralized applications (dApps), while minimizing development complexity.

Built with Cosmos integration and a cutting-edge tech stack, Initia offers customizable economic models and user experiences, fostering a flexible and user-friendly blockchain ecosystem.

The project has raised over $7.5 million across two funding rounds from top-tier blockchain investors including Binance Labs, Dephil Ventures, and Hack VC.

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