Binance has launched its 63rd project on the Launchpool platform: Bio Protocol (BIO)! This cutting-edge initiative is set to revolutionize the world of scientific research by incorporating decentralized technologies, supporting the rapidly growing Decentralized Science (DeSci) movement. Bio Protocol is more than just a project—it's a global hub for collaboration and funding in the scientific community, all powered by the transparency and efficiency of blockchain technology.
🌱 How to Farm BIO Tokens:
From December 24, 2024, at 00:00 (UTC), Binance users can begin earning BIO tokens by staking either BNB or FDUSD. This farming event will run for 10 days, concluding on January 2, 2025, at 23:59 (UTC). A total of 100 million BIO tokens (about 3% of the total supply) will be distributed as rewards across two pools:
BNB Pool: 85% of the total rewards (85 million BIO tokens)
FDUSD Pool: 15% of the total rewards (15 million BIO tokens)
Each day, 10 million BIO tokens will be allocated, with 8.5 million BIO reserved for the BNB pool and 1.5 million BIO for the FDUSD pool. There is an hourly cap on rewards: 35,000 BIO for the BNB pool and 6,500 BIO for the FDUSD pool, ensuring fair distribution for all participants.
🔥 Trading BIO Tokens:
Once the farming period ends, BIO tokens will be available for trading on Binance starting January 3, 2025, at 10:00 (UTC). The supported trading pairs will be BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY. At launch, 1.3 billion BIO tokens (around 40% of the total supply) will be in circulation.
🧬 What is Bio Protocol?
Bio Protocol is a decentralized platform designed to fund and promote scientific research. Operating within the DeSci ecosystem, it empowers researchers worldwide to collaborate and access resources transparently. By eliminating traditional barriers to funding and resources, Bio Protocol is bringing efficiency and equity to the global scientific community.
💎 Tokenomics Breakdown:
With a total supply of 3.3 billion BIO tokens, the majority (56%) will be allocated to community-building and ecosystem development, ensuring the platform remains community-driven and poised for long-term growth.
🔗 Get involved and explore the potential of Bio Protocol today!