Certainly! Here's a brief overview of IO.NET (IO), the 55th project on Binance Launchpool:
- What is IO.NET?
- IO.NET (formerly known as ANTBIT) is a decentralized network that aggregates GPUs from crypto miners, data centers, and decentralized storage providers. Its goal is to provide nearly unlimited computing power for AI and machine learning applications.
- Users can farm IO tokens by staking their BNB and FDUSD in separate pools on Binance.
- The maximum token supply for IO is 800 million, with 500 million IO tokens available at Genesis.
- IO can be used for payments, transaction fees, staking, and governance within the IO.NET ecosystem.
Farming Details:
- Farming starts on June 7 and runs until June 10 (UTC).
- After farming ends, Binance will list IO on June 11 at 12:00 (UTC) with trading pairs including IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRYÂč.
- The initial circulating supply will be 95 million IO tokens (19% of the total supply at Genesis).
Feel free to explore IO.NET further on Binance's platform! đđ