Initia has launched on the mainnet and opened INIT airdrop applications

The full-chain Rollup L1 network Initia announced that the mainnet has been launched and the Initia (INIT) airdrop application is open for 30 days. Initia's total supply of native tokens INIT is fixed at 1 billion, of which 5% is used for airdrops. In addition, foundations account for 7.75%, protocol developers account for 15%, protocol sales account for 15.25%, and for initial CEX liquidity guidance, 6% of the total supply is allocated to Binance launch activities.