Initia is an L1 blockchain that unites application chains to unlock their full value through interconnected infrastructure and a unified economy.

• Token Name: Initia (INIT)
• Total Token Supply: 1,000,000,000 INIT
• Launchpool Token Rewards: 30,000,000 INIT (3% of total supply)
• Smart Contract Info: Initia Main Explorer
• Staking Requirements: KYC required.

Project Website | Whitepaper | Twitter | Discord | Detailed Terms

How to participate

Here is a step-by-step guide to participating in Binance Launchpool projects.

Via the website

1. Go to Binance.com.

2. In the top menu, click on the "More" button and select the "Launchpool and Launchpad" section.

3. Then scroll down and click "More" again to participate in the respective project.

4. Next, select "FDUSD Pool" or "BNB Pool" and enter it.

5. Then click the "Staking" button, specify the desired amount, and confirm.

Through the mobile application

1. Download the official Binance.com exchange app.

2. In the main menu, press the exchange logo button and enter the menu.

3. Then press "Launchpad" or "More Services" to find this section.

4. Next, select "FDUSD Pool" or "BNB Pool" and enter it. After that, click the "Start Staking" button, specify the desired amount, and confirm.

Terms

Users will be able to lock their BNB, FDUSD, and USDC to earn INIT tokens over a period of 6 days, with farming starting from 2025-04-18 03:00 (MSK).

Supported Pools

BNB Staking: 25,500,000 INIT as rewards (85%).

FDUSD Staking: 500,000 INIT as rewards (5%).

USDC Staking: 3,000,000 INIT as rewards (10%).

User balance snapshots and total pool balance snapshots will be taken several times at any moment each hour to obtain users’ average hourly balances and calculate user rewards. User rewards will be updated every hour.

Users will be able to accumulate their rewards (calculated hourly) and claim them at any time directly to their spot accounts.

Users who have locked their BNB in flexible and locked products, including Binance BNB Simple Earn and On-chain Yields, will automatically participate in the Launchpool and receive new token rewards.

The listing will take place after the pool ends, and all accrued tokens can be sold immediately at the start of the listing. The USDC (FDUSD) pools are completely RISK-FREE, and if you are a BNB holder (the token of the Binance exchange), you should definitely participate!

Results

Actual profit may vary, as the value of the coins you receive from the pool will fluctuate. Some users prefer to sell their coins at the current price daily, while others may choose to sell them at the end of the term or simply keep them in their portfolio. The coin price can both decrease and increase.

For example, you may sell the coin daily at $1, while someone else might sell it later at $2 or, conversely, at $0.5 per coin. In this matter, everyone makes their own decision. As practice shows, it is usually better to sell free coins received from pools immediately after they are credited, or at the start of the listing if the coin will be available for sale after the pool ends.

Based on the staking results, we record the following outcomes:

APR (Annual Percentage Rate) is the annual interest rate that shows the basic investment yield without taking compound interest into account. In the context of crypto investments, APR represents the simple percentage of the principal amount that you will receive over the course of a year.