Binance, the world’s largest cryptocurrency exchange, has announced Bio Protocol ($BIO) as the 63rd project on its Launchpool platform. Through this initiative, users can stake BNB tokens or FDUSD stablecoins to earn BIO token rewards. The farming period is active until January 2, 2024, with the flexibility to withdraw staked tokens anytime while continuing to earn BIO rewards.

#️⃣ Key Details of the Launchpool Campaign
- Total Allocation: 3% of the total BIO supply (99.6 million BIO out of 3.32 billion) is allocated to the Launchpool.
- Reward Distribution:
- BNB stakers: 85% of the rewards.
- FDUSD stakers: 15% of the rewards.
- Rewards are distributed proportionally based on the user’s stake in the total pool.
- Hourly Reward Caps:
- BNB Pool: Up to 35,275 BIO per hour.
- FDUSD Pool: Up to 6,225 BIO per hour.

Following the farming campaign, BIO will be listed on Binance on January 3, 2024.

#️⃣What Is Bio Protocol (BIO)?
Bio Protocol is a transformative player in the Decentralized Science (DeSci) movement, focused on driving biotech innovation. It facilitates collaboration among patients, scientists, and biotech professionals to fund, develop, and own tokenized biotech projects and intellectual property (IP).

Building on successful projects like Molecule(a platform for biomedicine tokenization) and VitaDAO(a decentralized longevity science community), Bio Protocol aims to establish a thriving on-chain scientific economy through decentralized funding and liquidity mechanisms.

Holders of BIO tokens gain access to a wide network of scientific communities, IP assets, and the broader DeSci ecosystem.

#️⃣Bio Protocol Ecosystem Highlights
Currently, Bio Protocol encompasses "seven specialized BioDAOs, each driving groundbreaking research:
1. VitaDAO: Dedicated to longevity research, supported by Pfizer and Balaji Srinivasan.
2. HairDAO: Focuses on hair loss treatments, holding patents and consumer products.
3. CerebrumDAO: Centers on brain health, raising over $1.5 million for neurodegenerative research.
4. ValleyDAO: Works on synthetic biology in collaboration with Imperial College London.
5. AthenaDAO: Focuses on women's health research, with $500,000 raised and 14 IP transactions in progress.
6. CryoDAO: Advances cryobiology, collaborating with Oxford Cryo Technology.
7. PsyDAO: Specializes in psychedelic research, powered by its OPSY platform.

#️⃣Roadmap for 2024 and Beyond
Bio Protocol has outlined an ambitious growth plan:
- Token Generation Event (TGE) on Ethereum mainnet (January 3, 2024).
- Expansion to "Solana" and "Base" networks.
- Launch of new BioDAOs to expand research areas.
- Introduction of BIO/BioDAO liquidity pools.
- Launch of the BIO Launchpad for decentralized biotech project funding.

#️⃣ How to Earn BIO on Binance Launchpool
To participate in Binance Launchpool and earn BIO tokens, follow these steps:
1. Ensure your Binance account is verified and hold either BNB or FDUSD tokens.
2. Open the Binance app or website, go to “More”and select “Launchpool.”
3. Choose the FDUSD Pool or BNB Pool, depending on your staking preference.
4. Follow the instructions to stake your tokens and start earning BIO rewards.

#️⃣The Future of BIO
With $70 million raised to date, Bio Protocol is at the forefront of decentralized biotech innovation. Its integration with Binance and expansion to blockchain networks like Solana and Base positions it as a pivotal player in the DeSci sector. By empowering scientists and investors to collaboratively shape the future of biotech research, Bio Protocol is set to redefine the boundaries of scientific discovery.

#BinanceLaunchpoolBIO #BIOProtocol #DecentralizedScience #BIOListing #BinanceAlphaAlert

The BIO Protocol is redefining biotechnology through the power of decentralization, enabling a groundbreaking transformation in scientific research and development. By integrating blockchain technology, the protocol empowers patients, scientists, and investors to co-create a decentralized bioeconomy.

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Key Features of BIO Protocol

1. Curation (BIO Staking):

BIO holders stake tokens to vote for the most promising BioDAOs.

Rewarded with access to private token sales, exclusive IP, and more.

2. Funding Innovation:

Support early-stage biotech projects with transparent, decentralized funding.

Participate in token auctions for BioDAOs and groundbreaking IP.

3. Liquidity Management:

Simplifies market operations for BioDAOs by managing liquidity pools like BIO/ETH and other token pairs.

4. Meta-Governance:

BIO holders influence network-wide decisions, from funding allocations to IP development.

5. Bio/Acc Rewards:

Earn BIO tokens for key achievements like product launches, clinical trials, and IP milestones.

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What Are BioDAOs?

Community-driven organizations focused on specific scientific research fields. By pooling global resources (capital, data, labor), BioDAOs:

Reduce innovation costs.

Develop and own IP collectively.

Accelerate commercialization of biotech breakthroughs.

Success Stories:

VitaDAO: $5M raised for longevity research.

HairDAO: Advancing hair loss treatments.

AthenaDAO: Supporting women's health R&D.

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Why It Matters

Empowering Science: Direct funding eliminates barriers to innovation.

Democratizing IP: Transforming intellectual property into tradable tokens.

Decentralized Governance: Transparent, community-led decision-making.

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Tokenomics

Total Supply: 3.32 Billion BIO Tokens

Use Cases: Staking, governance, IP access, and liquidity rewards.

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BIO Protocol is more than a project—it's a movement towards an open, collaborative, and decentralized scientific future.

#DecentralizedScience #BiotechInnovation #BIOProtocol #DeSciRising #blockchain