Binance has officially launched BIO Protocol (BIO) as its 63rd project on the Binance Launchpool, allowing users to farm BIO tokens by staking their BNB or FDUSD. This initiative commenced on December 24, 2024, and will run until January 2, 2025.
Farming Details
Farming Start Date: December 24, 2024, at 00:00 UTC
Farming End Date: January 2, 2025, at 23:59 UTC
Total Rewards Distribution:
BNB Pool: 84,660,000 BIO (85% of total rewards)
FDUSD Pool: 14,940,000 BIO (15% of total rewards)
Users can stake their tokens in the following pools:
BNB Pool: Daily reward cap of approximately 8,466,000 BIO
FDUSD Pool: Daily reward cap of approximately 1,494,000 BIO
Each user can earn up to 35,275 BIO from the BNB pool and 6,225 BIO from the FDUSD pool per hour.
Tokenomics
Token Name: BIO Protocol (BIO)
Max Token Supply: 3,320,000,000 BIO (may increase via governance proposals)
Initial Circulating Supply at Listing: Approximately 1.3 billion BIO (39.05% of genesis supply)
Launchpool Token Rewards: Total of 99.6 million BIO distributed during the farming period
The token operates on the Ethereum blockchain and aims to support decentralized science (DeSci), focusing on innovative funding models for scientific research and collaboration.Trading Information BIO tokens will be listed for trading on Binance starting from January 3, 2025, at 10:00 UTC. The available trading pairs will include:
BIO/USDT
BIO/BNB
BIO/FDUSD
BIO/TRY
Participation Steps
To participate in the farming of BIO tokens:
Ensure you have a verified Binance account.
Stake either BNB or FDUSD in the designated pools within the Binance Launchpool section.
Earn daily rewards in BIO tokens throughout the farming period.
This initiative not only allows users to earn new tokens but also supports a vision of merging blockchain technology with scientific research and funding. By participating in this Launchpool event, users contribute to a decentralized ecosystem that fosters innovation in biotechnology and scientific collaboration
