Binance, one of the top platforms for cryptocurrency trading, has introduced its 63rd project on the Launchpool platform: Bio Protocol (BIO). This initiative aims to revolutionize scientific research by incorporating decentralized technologies, supporting the growing Decentralized Science (DeSci) movement. Bio Protocol acts as a hub for scientific collaboration and funding, powered by blockchain technology, making scientific advancements more accessible and efficient.

Farming BIO Tokens on Binance Launchpool

Starting from December 24, 2024, at 00:00 (UTC), Binance users can earn BIO tokens by staking their BNB or FDUSD. This farming event will last for 10 days, ending on January 2, 2025, at 23:59 (UTC). During this period, a total of 100 million BIO tokens—equivalent to about 3% of the total token supply—will be given out as rewards. The rewards will be divided between two pools:

BNB Pool: Allocated 85% of the total rewards (85 million BIO tokens).

FDUSD Pool: Allocated 15% of the total rewards (15 million BIO tokens).

Every day, 10 million BIO tokens will be distributed, with 8.5 million BIO reserved for the BNB staking pool and 1.5 million BIO for the FDUSD pool. To ensure fair distribution, there’s a limit on how many tokens a single user can earn in an hour. This hourly cap is set at 35,000 BIO tokens for the BNB pool and 6,500 BIO tokens for the FDUSD pool.

Listing and Trading Pairs for BIO

Once the farming phase concludes, Binance plans to make BIO tokens available for trading starting January 3, 2025, at 10:00 (UTC). Users will be able to trade BIO using the following pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY. Upon its launch, the circulating supply of BIO tokens is estimated to be around 1.3 billion, which represents nearly 40% of the total token supply.

What is Bio Protocol?

Bio Protocol is a platform designed to promote and fund scientific research using blockchain technology. The project operates within the Decentralized Science (DeSci) space, allowing researchers worldwide to collaborate and access resources in a transparent and decentralized way. By breaking traditional barriers to funding and resources, Bio Protocol aims to bring efficiency and fairness to the global scientific community.

Tokenomics and Allocation

The total number of BIO tokens is capped at 3.3 billion. These tokens will be distributed across various categories, with the majority (56%) reserved for community-building and ecosystem development. This allocation ensures that the platform remains community-driven while fostering long-term growth.

#BinanceLaunchpoolBIO

Binance’s latest Launchpool project, Bio Protocol, offers users an exciting opportunity to not only earn rewards but also support a transformative approach to science and research. Be sure to take part in the farming event and explore the potential of this groundbreaking initiative.

The Blum token, a relatively new entrant in the blockchain space, has just begun trading with some intriguing early metrics. With a market capitalization of $3.2K and a trading volume of $1.5, Blum showcases a micro-cap scenario that could appeal to early investors seeking high-risk, high-reward opportunities.

Key Metrics:

Market Cap: $3.2K

Holders: 2

Transactions: 3

Trading Volume: $1.5

The token's current price sits at $0.00324, with minimal movement (+0.01%), indicating early-stage volatility and market establishment. The platform also features a "Drop Game" linked to token utility, adding gamification to its ecosystem, a trend gaining traction in crypto projects.

While the low holder count and limited transactions highlight its nascent stage, these figures could signal untapped potential for those willing to take the risk. However, the project's success will depend heavily on user adoption, utility expansion, and further market interest.

Blum represents a speculative bet in the micro-cap category—ideal for risk-tolerant investors keeping a close watch on early-stage blockchain innovations. As always, due diligence is key in such speculative investments.