Binance Announces IO.NET as 55th Project on #Lounchpool #BinanceLaunchpol

Cryptocurrency exchange Binance has introduced IO.NET (IO), a decentralized artificial intelligence computing and cloud platform, as the 55th project on Binance Launchpool. This initiative allows users to farm IO tokens by staking their Binance Coin (BNB) and First Digital USD (FDUSD) in separate pools. The farming period commences on June 7, 2024, at 03:00 Turkey time and will last for four days.

Launchpool Details

IO.NET's website will be available approximately five hours before the launch pool begins, offering comprehensive information about the project and participation guidelines. Binance will be the first platform to list IO tokens, with trading set to start on June 11, 2024, at 15:00 Turkey time. Users should avoid offers to sell IO tokens before the official listing, as these are likely fraudulent.

About IO.NET

IO.NET aims to transform decentralized AI computing and cloud services. The project has an initial token supply of 500 million IO, with a maximum cap of 800 million IO. Twenty million IO tokens (4% of the total supply) are allocated as Launchpool rewards. The initial circulating supply will be 95 million IO, representing 19% of the total supply at genesis.

IO tokens will be built on the Solana Blockchain, known for its high transaction volume and low costs. To participate in staking, users must complete Know Your Customer (KYC) verification. Binance has implemented an hourly fixed cap per user to ensure fair distribution: 17,708.33 IO per hour for the BNB pool and 3,125 IO per hour for the FDUSD pool.

After the farming period, Binance will list IO and open trading with pairs including IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY, providing users with extensive trading flexibility.#binancelounchpool

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Binance is excited to announce the 49th project on Binance Launchpool - ether.fi (ETHFI), a decentralized, non-custodial delegated staking protocol. The webpage is estimated to be available in 24 hours, before the Launchpool starts. 

Users will be able to stake their BNB and FDUSD into separate pools to farm ETHFI tokens over four days, with farming starting from 2024-03-14 00:00 (UTC).

Listing

Binance will then list ETHFI at 2024-03-18 12:00 (UTC) and open trading with ETHFI/BTC, ETHFI/USDT, ETHFI/BNB, ETHFI/FDUSD and ETHFI/TRY trading pairs. The Seed Tag will be applied to ETHFI.

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