šŸ”„šŸšØ Binance has introduced Bio Protocol (BIO) as the 63rd project on its Launchpool platform. šŸ”„šŸš€

Bio Protocol is a decentralized science (DeSci) management and liquidity protocol aimed at transforming scientific research funding and collaboration.

Key Details:

Farming Period: Users can farm BIO tokens by staking BNB and FDUSD from December 24, 2024, 00:00 (UTC) to January 2, 2025, 23:59 (UTC).

Token Rewards: A total of 99.6 million BIO tokens (3% of the genesis token supply) are allocated as rewards.

Supported Pools:

$BNB Pool: 84.66 million BIO tokens (85% of total rewards)

$FDUSD Pool: 14.94 million BIO tokens (15% of total rewards)

Daily Reward Distribution:

Total: 9.96 million BIO tokens

BNB Pool: 8.466 million BIO tokens

FDUSD Pool: 1.494 million BIO tokens

Token Listing: Binance will list BIO on January 3, 2025, at 10:00 (UTC), with trading pairs are,

BIO/USDT,

BIO/BNB,

BIO/FDUSD,

BIO/TRY.

Initial Circulating Supply: Approximately 1.296 billion BIO tokens, representing 39.05% of the total genesis supply.

Participation Requirements:

Users must complete Binance KYC to participate.

Hourly Hard Cap per User:

BNB Pool: 35,275 BIO tokens

FDUSD Pool: 6,225 BIO tokens

Conclusion:

Bio Protocol aims to address critical gaps in scientific funding by leveraging decentralized finance mechanisms, thereby reshaping the future of decentralized research and collaboration.

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