Bio Protocol (BIO) is the 63rd project to join Binance Launchpool, a platform that allows users to earn new tokens by staking cryptocurrencies such as BNB and FDUSD. The farming period for BIO began on December 24, 2024 and will run until January 2, 2025.
BIO is a Decentralized Science (DeSci) protocol that aims to accelerate biotechnology by enabling global communities of patients, scientists, and biotech professionals to collectively fund, develop, and own tokenized biotechnology projects and intellectual property.
The distribution of BIO tokens on Launchpool is as follows:
Total rewards: 99,600,000 BIO (3% of total token supply).
BNB pool: 84,660,000 BIO (85% of total rewards).
FDUSD Pool: 14,940,000 BIO (15% of total rewards).
Rewards are distributed daily, with hourly caps to ensure fair distribution among participants.
The official listing of the BIO token on Binance is scheduled for January 3, 2025, at 10:00 AM (UTC), with trading pairs including BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY.
To participate in BIO token farming, users must have a verified Binance account and stake BNB or FDUSD in the corresponding pools. Rewards are calculated based on the amount of tokens staked and can be claimed at any time during the farming period.