Binance Launchpool Introduces 68th Project - Initia (INIT): Farm INIT by Locking FDUSD & USDC

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Key Takeaways:

INIT farming runs from April 18 to April 23, 2025.
Initia (INIT) will be listed on Binance on April 24, 2025.
Users can farm INIT by locking either USDC or FDUSD, no BNB pool this round.

Binance’s 68th Launchpool Project Targets Next-Gen Blockchain Interoperability

Binance has announced Initia (INIT) as the 68th project on Binance Launchpool, spotlighting a new generation of Layer-1 blockchain built to unify appchains through modular design and shared economic models. Unlike traditional L1 networks, Initia blends Layer-1 architecture with Layer-2 rollup frameworks, enabling developers to build sovereign appchains with seamless interoperability and aligned governance.

This approach is aimed at resolving fragmentation in the multi-chain space — a problem many developers and users face when dApps are siloed and liquidity becomes scattered. Initia proposes what it calls an “Interwoven Stack”, giving projects access to tools and infrastructure that maintain app-specific environments without compromising ecosystem-level accessibility.

One notable aspect of Initia’s vision is that it takes “opinionated” design stances on infrastructure layers like data availability and oracle integration. Rather than leaving these decisions entirely to developers, Initia sets defaults it believes will enable better cross-chain alignment and smoother appchain deployment.

INIT Token Farming Details: Limited Time, High Accessibility

Users on Binance can begin farming INIT tokens from April 18 at 00:00 UTC until April 23 at 23:59 UTC, a six-day window where INIT can be earned by locking either USDC or FDUSD. Notably, the BNB pool will not be available for this Launchpool, marking a departure from previous rounds.

Supported Pools and Rewards:

Pool	Total Allocation	Hourly Cap per User
USDC	3,000,000 INIT (10%)	2,088.33 INIT
FDUSD	1,500,000 INIT (5%)	1,041.66 INIT

The total Launchpool reward is 30 million INIT tokens, representing 3% of the 1 billion total token supply. Users must complete KYC and meet other Binance eligibility criteria to participate.

INIT Spot Trading Begins April 24

Binance will officially list INIT on April 24 at 11:00 UTC, opening up trading for five pairs:

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

INIT will carry the Seed Tag, indicating that the project is in its early development phase and may show higher volatility than more established assets. Binance applies this tag to caution users about potential price swings and the experimental nature of such tokens.

Importantly, INIT’s listing fee is 0 BNB, consistent with Binance’s policy of supporting early-stage infrastructure-focused projects with no listing cost.

What Makes Initia Stand Out?

Initia positions itself as more than just another blockchain by addressing common limitations faced by developers in ecosystems like Ethereum, such as high gas fees, fragmented liquidity, and the complexity of cross-chain communication. It merges the best of Layer-1 security with Layer-2 scalability, while offering an all-in-one toolkit for launching sovereign, interoperable appchains. The model resembles a next-gen version of Ethereum plus rollups — only less fragmented and more developer-friendly.

The project has already raised $24 million in funding from notable backers including Delphi Ventures and YZi Labs — two firms known for backing early-stage infrastructure plays like Celestia and Osmosis, reinforcing confidence in Initia’s long-term vision and potential. Such early institutional confidence suggests strong belief in Initia’s potential to reshape the appchain landscape.

Its approach could attract developers frustrated by limitations in other ecosystems, particularly when building apps that demand high transaction throughput and cross-chain capabilities without compromising on user experience or decentralization.

Additional Campaigns and Token Distribution Plans

To complement the Launchpool distribution, Binance confirmed further INIT airdrops and campaigns:

10 million INIT will be distributed through post-listing marketing activities on Binance.
20 million INIT has been set aside for future campaigns to take place six months after the token’s official listing.

These allocations suggest a longer-term strategy for user acquisition and community development beyond the initial buzz of listing day.

Initia arrives at a time when modular and appchain-based networks are gaining traction in response to Ethereum’s scaling bottlenecks. With its shared security and economic alignment model, Initia might just offer a more cohesive and less congested future for decentralized applications.

By skipping the traditional BNB pool and narrowing farming to USDC and FDUSD, Binance signals that stablecoin liquidity and accessibility are now central to how early-stage projects bootstrap communities. Whether Initia will live up to its ambition of being the infrastructure backbone of interoperable appchains remains to be seen — but the Launchpool launch gives it a powerful head start.