Key Points
- INIT farming starts on April 18th at 00:00 (UTC).
- Binance will list INIT on April 24 at 11:00 (UTC).
Binance has officially announced its 68th project on Launchpool, ahead of listing: Initia (INIT).
Initia is an L1 blockchain that unifies chain apps to unlock their full potential and value via:
- Interwoven infrastructure
- Aligned economics
Initia’s core philosophy is to make opinionated decisions on the underlying infrastructure, including data availability, interoperability, and oracles.
The project’s Interwoven Stack empowers devs with tools for crafting app-specific environments while maintaining unfragmented accessibility to the app ecosystem.
Introducing @initia $INIT on Binance Launchpool!
Farm (INIT) by locking BNB, FDUSD, and USDC.
Find out more 👉 https://t.co/TvERZ4XlKm pic.twitter.com/B0shGAxSqW
— Binance (@binance) April 17, 2025
Binance INIT Launchpool Details
In the official announcement, Binance revealed that users will be able to lock their BNB, FDUSD, and USDC to get INIT airdrops over six days.
The farming period debuts on April 18 at 00:00 (UTC) and will last until April 23 at 23:59 (UTC).
The crypto exchange listed the following essential INIT Launchpool details:
- The total token supply for INIT is 1 billion tokens.
- The maximum token supply is 1 billion INIT tokens.
- The Launchpool token rewards are 30 million INIT tokens, representing 3% of the total supply.
- 10 million INIT tokens will be allocated to other marketing campaigns in batches following the spot listing.
- 20 million INIT tokens will be allocated to other marketing campaigns in batches six months following the spot listing.
- The initial circulating supply at Binance listing will be 148,75 million INIT tokens, or 14,87% of the total supply.
- INIT’s listing fee will be 0.
Binance also revealed the following supported pools:
- 25,5 million INIT in rewards for locked BNB
- 1,5 million INIT in rewards for locked FDUSD
- 3 million INIT in rewards for locked USDC
The crypto exchange will be the first to list the project on its platform.
» START EARNING ON BINANCE NOW «
Binance INIT Listing Details
INIT trading will start on Binance on April 24, at 11:00 (UTC), and trading will open for the following pairs:
- INIT/USDT
- INIT/USDC
- INIT/BNB
- INIT/FDUSD
- INIT/TRY
It’s also worth noting that the crypto exchange will list INIT with Seed Tag applied, meaning that the project is a newer one, and it might exhibit higher volatility compared to other already listed digital assets, requiring user caution.
