"Bio Protocol’s $BIO: A Revolutionary Leap in Decentralized Science on Binance Launchpool"
Binance, the world’s leading cryptocurrency exchange by user base and trading volume, has introduced its 63rd Launchpool project, Bio Protocol ($BIO). This marks a significant milestone for the emerging Decentralized Science (DeSci) sector, combining blockchain technology with scientific innovation.
Farming $BIO on Binance Launchpool
Starting Tuesday, Binance users can farm the $BIO token by locking their $BNB or $FDUSD on the Launchpool until Friday next week. With a total of 99.6 million $BIO tokens allocated for distribution, this represents 3% of the Genesis token supply. The tokens will be distributed daily, with 85% allocated to the BNB pool and 15% to the FDUSD pool.
To ensure fair access, an hourly cap has been set at 35,275 BIO tokens for the BNB pool and 6,225 BIO tokens for the FDUSD pool per user. This structure allows both large and small investors to participate in the farming process.
Strategic Listing and Tokenomics
$BIO will debut on Binance with trading pairs including USDT, BNB, FDUSD, and TRY on January 3, 2025. The listing follows the token generation event (TGE), positioning $BIO for greater adoption.
The tokenomics strategy of Bio Protocol demonstrates a robust long-term vision:
56% of the total supply is allocated to the community and ecosystem participants.
25.4% is reserved for early contributors, with a lock-up period of 6 years and a 1-year cliff unlock.
18.6% is designated for early backers, with token vesting lasting between 4 to 6 years.
This lock-up strategy highlights the project's commitment to sustainability and preventing market oversupply.
The Vision of Decentralized Science
Bio Protocol has rapidly emerged as a leader in the DeSci movement, enabling decentralized funding for scientific research and biotech innovation. Through its BioDAO platform, the protocol supports eight specialized DAOs, including AthenaDAO, CerebrumDAO, HairDAO, and VitaDAO, among others.
This ecosystem has helped raise funds for groundbreaking scientific projects, achieving a combined market cap of over $300 million. By integrating blockchain with science, Bio Protocol democratizes access to the global scientific market, paving the way for investors and researchers alike to collaborate on cutting-edge innovations.
Future Plans
The launch of $BIO on the Solana (SOL) and Base networks is expected to broaden the token's accessibility and adoption. Additionally, the Bio Protocol is actively seeking partnerships with biotech builders and scientists, aiming to foster more innovations through its DAO ecosystem.
A New Frontier for Blockchain and Science
With the introduction of $BIO on Binance Launchpool, the fusion of blockchain technology and decentralized science has taken a monumental step forward. Investors can now directly contribute to and benefit from scientific breakthroughs while participating in a rapidly expanding market.
This is not just a token launch—it’s a gateway to revolutionizing how the world approaches science and innovation.
