$bio has introduced BIO Protocol (BIO) as the 63rd project on its Launchpool platform, offering users the opportunity to earn BIO tokens by staking BNB or FDUSD.
About BIO Protocol
BIO Protocol is a curation and liquidity protocol dedicated to advancing Decentralized Science (DeSci). Its mission is to accelerate biotechnology innovation by enabling global communities—comprising patients, scientists, and biotech professionals—to collectively fund, develop, and own tokenized biotech projects and intellectual property (IP). The protocol fosters an on-chain economy of scientific communities known as bioDAOs, creating efficient markets for decentralized scientific IP.
Key Features of BIO Protocol
$BIO Token: Serves as the governance token within the DeSci ecosystem, granting holders access to whitelisted funding rounds for bioDAOs, tokenized IP, participation in governance activities, and rewards for contributing data or labor.
Ecosystem of bioDAOs:
VitaDAO: Focused on longevity science.
CerebrumDAO: Specializes in brain health.
ValleyDAO: Advances synthetic biology.
Launchpool Details
Total Allocation: 99.6 million BIO tokens (3% of the total supply) are allocated as staking rewards.
Staking Pools:
BNB Pool: 84,660,000 BIO (85% of rewards).
FDUSD Pool: 14,940,000 BIO (15% of rewards).
Farming Period: December 24, 2024, 00:00 UTC – January 2, 2025.
Daily Rewards: Up to 9.96 million BIO tokens distributed daily.
Listing Date: January 3, 2025, 10:00 UTC on Binance and Ethereum.
Trading Pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, BIO/TRY.
How to Participate
1. Verify Your Binance Account: Ensure your account is identity-verified.
2. Deposit or Acquire Tokens: Obtain BNB or FDUSD tokens.
3. Navigate to Launchpool: Access the “Launchpool” section via Binance’s More menu.
4. Choose Your Pool: Select either the BNB Pool or FDUSD Pool.
5. Stake Your Tokens: Enter the amount you wish to stake and confirm.
Rewards are calculated hourly and automatically transferred to users’ Spot Accounts. Staked tokens can be withdrawn at any