Initia price

PANews reported on June 4 that, according to The Block, Binance announced the launch of its first spot liquidity plan for altcoins only, aiming to meet the market's demand for greater diversity. The new Altcoin Liquidity Enhancement Program is designed to offer the most attractive altcoin market making rebates in the industry to attract small and mid-sized liquidity providers who want to focus on altcoin market making to complement the exchange's existing liquidity programs. According to the details of the plan, market makers only need to focus on altcoin trading pairs to participate, and it is no longer mandatory to participate in market making of mainstream currencies such as Bitcoin. There are two rebate tiers: 0.005% rebate for market makers with a monthly trading volume of 0.5% of the market, and 0.01% for those with a 1% market share. The first supported trading pairs include INIT/USDT, EOS/USDT, HYPER/USDT, PARTI/USDT, ICP/USDT, KERNEL/USDT, CFX/USDT, W/USDT, KMNO/USDT, IOTX/USDT, ONDO/USDT, TON/USDT, FIL/USDT, WCT/USDT, BABY/USDT, SXT/USDT, SYRUP/USDT and STO/USDT. Catherine Chen, head of VIP and institutional business at Binance, said that existing liquidity programs tend to favor large market makers, and the new program will help small and medium-sized market makers gain a competitive advantage in the altcoin market. Applicants need to meet the threshold of trading volume of more than $20 million in the last 30 days and demonstrate a high-quality liquidity delivery strategy. The program's eligibility review will begin on June 9, and rebate distribution will begin on June 17.

People have alt interest but it is very selective, this is where proper projects like $hype, $pendle, $aave, and maybe 2-3 others can truly shine. In a sense, it also gives hope to those who build properly. Your efforts will eventually be seen.

I wrote a lot before voting, and if you have $INIT pledged, remember to vote, and now it's the fourth stage of voting! Voting link 🔗 Recently, the brain capacity is a little insufficient.,There's actually a lot of gameplay in this.,The amount of ecological projects is also quite a lot.,I haven't studied it yet.。 If you want to lie down and win, the easiest way is to staking, combining LPs, and voting. @initia

With a total of 22,198 unique accounts receiving 561,116 esINIT rewards, Stage 2 of VIP has concluded. The rewards will be distributed on May 25th. Here are some interesting stats from this stage 👇 1. Highest Claimed Account Among the 22,198 accounts, the one with the highest esINIT rewards received a total of 75,416 esINIT. This person gained rewards through six rollups: @EchelonMarket, @milky_way_zone, @RAVE__Trade, @Rena_labs, @civitiaorg, and @embr_labs. 2. Rollup with the Largest User Base @intergaze_xyz had the highest user count, distributing 29K esINIT to 11,097 users. Intergaze users received up to 129 esINIT from trading NFTs. 3. Rollup with the Highest Vote @EchelonMarket received the highest vote in Stage 2, with 28.3% of the total gauge vote. With 677 users, Echelon distributed a total of 143K esINIT. The top-ranked account received 48K esINIT (!!!) This user earned these rewards by providing USDC and INIT and borrowing USDC on Echelon. 4. @kamigotchiworld Whale The account with the highest score received 3,279 esINIT. This account owns numerous kamis and burned 368,186 VIPP (wow) during this stage. 5. New Rollups on VIP @battleforblock and @embr_labs joined the VIP whitelist in Stage 2. BFB had 139 players, with users earning up to 9,958 esINIT. On Embr, 4,235 users traded memecoins, earning up to 4,776 esINIT. With groundbreaking participation across multiple rollups, impressive reward distributions, and the addition of new platforms, Stage 2 of VIP has demonstrated the growing strength of the Initia ecosystem. VIP is working. Initia.

$INIT is the 2nd-best performing coin in the Top 400 on the day $BTC hits a new ATH. Probably something. Initia.