BIO Protocol New Proposal: Proposes to remove transfer restrictions and allocate 6% of tokens to provide liquidity to the market
ChainCatcher news, according to the latest proposal of the DeSci project BIO Protocol "DeSci project BIO Protocol", the proposal aims to implement the following measures within 7 days after the <>, so that BIO can start circulating: cancel the transfer restriction on the BIO token contract, making it transferable, allocate 6% of the BIO supply, provide liquidity for the DEX and CEX listing market, and empower the BIO Association to actively manage liquidity based on market demand. Provide initial liquidity on the Ethereum <> through the ETH/BIO liquidity pool. It is reported that the decentralized biotechnology protocol BIO Protocol has previously raised $6.22 million in the first round of community financing, $11.14 million in the second round of community financing, and $2.9 million in the 2.5 round of community financing. Binance Labs also announced an investment in BIO Protocol in early November this year, with the specific amount undisclosed. Its ecosystem's <> coins such as RIF and URO have also been market hotspots for a period of time.
