Binance will list Bio Protocol (BIO) on January 3, 2025 at 18:00
Total supply of Genesis tokens: 3,320,000,000 BIO
Maximum supply of tokens: 3,320,000,000 BIO (supply can be increased through network governance)
Launchpool total: 99,600,000 BIO (3% of total supply of Genesis tokens)
Initial circulation of spot tokens when listed on Binance: 1,296,529,168 BIO (39.05% of total supply of Genesis tokens)
BIO Protocol is a platform for funding and commercializing decentralized science (DeSci).
BIO is the governance token of BIO Protocol and is used for the following functions:
Governance and decentralization: BIO tokens grant holders governance rights over the BIO Protocol and meta-governance rights over the BioDAO in the network.
Whitelist Access: BIO tokens provide holders with whitelist access to BioDAO funding rounds and tokenized IP on the network.
Curation: BioDAOs selected by BIO holders are launched through the BIO Launchpad and receive support from the network in terms of funding and liquidity.
Connected BioDAOs: BIO represents a basket of DeSci tokens as BioDAOs in the network contribute a percentage of their initial token supply to the protocol in exchange for funding, liquidity, and acceleration services.
Protocol Liquidity: BIO Protocol provides liquidity through BioDAO tokens and IP tokens in its treasury, earning transaction fees from the liquidity owned by its protocol.
The current pre-market price is around $0.96, which makes people look forward to the performance after the launch. Based on the pre-market trading situation, the launch price of BIO may fluctuate between $0.8-1.2. If the market sentiment is bursting, there may be more room for growth; but if there is a large amount of selling in the short term, there may also be adjustments.