#Binance announced @ionet, an artificial intelligence project, at its 55th Launchpool.

We will earn $IO for 4 days by staking $bnb and $fdusd with farming, which will start from 07.06.2024 00:00 (that is, tonight).

Listing will take place on June 11 at 12:00 in IO/ $BTC, IO/ $USDT, IO/BNB, IO/FDUSD, and IO/TRY pairs.

SO WHAT IS #IONET? 🤔

io.net, a decentralized computing network, provides unlimited computing power to machine learning applications.

io.net makes computing more scalable, accessible and efficient. Unlocking equitable access to computing power by bringing together over 1 million GPUs from independent data centers, crypto miners, and#cryptoprojects like #Filecoin or #Render .

The total supply of the #ionet token is limited to 800 million tokens, with an initial distribution of 500 million tokens at launch. The remaining 300 million tokens will be allocated as hourly rewards to suppliers and their stakers for 20 years.

This bounty emission follows an inflation-fighting pattern that starts at an annual rate of 8% and decreases by approximately 1.02% each month, leading to an estimated annual reduction of 12%.

io.net will use the revenues generated from the network to purchase and burn IO tokens to create deflationary pressure, thus reducing the circulating supply.

🔆 Supply details are as follows:

Token: IO.NET (IO)

Total Supply: 500,000,000 IO

Maximum Supply: 800,000,000 IO

Launchpool Rewards: 20,000,000 IO

First Circulating Supply: 95,000,000 IO

Smart Contract: #Solana

Per User Hourly Fixed Limit:

17,708.33 IO in pool $BNB

3,125 IO in pool $FDUSD