Binance, a leading cryptocurrency exchange, has introduced its 63rd Launchpool project: Bio Protocol (BIO). This innovative platform aims to revolutionize the world of scientific research by leveraging blockchain technology, aligning with the Decentralized Science (DeSci) movement. Bio Protocol seeks to enhance collaboration and funding in the scientific community, making research more accessible and efficient.
Earn BIO Tokens on Binance Launchpool
Starting December 24, 2024, at 00:00 (UTC), Binance users can stake their BNB or FDUSD to farm BIO tokens over a 10-day period, ending on January 2, 2025, at 23:59 (UTC). A total of 100 million BIO tokens (3% of the total supply) will be distributed as rewards across two pools:
BNB Pool: 85% of the rewards (85 million BIO).
FDUSD Pool: 15% of the rewards (15 million BIO).
Each day, 10 million BIO tokens will be allocated, with 8.5 million reserved for BNB staking and 1.5 million for FDUSD staking. To ensure equitable distribution, an hourly cap is in place:
BNB Pool: Maximum of 35,000 BIO per user.
FDUSD Pool: Maximum of 6,500 BIO per user.
BIO Token Listing and Trading
After the farming period ends, Binance will enable trading for BIO tokens starting January 3, 2025, at 10:00 (UTC). Available trading pairs include: BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY. The initial circulating supply is expected to be 1.3 billion BIO tokens, representing approximately 40% of the total supply.
What is Bio Protocol?
Bio Protocol is a blockchain-based platform designed to support and fund scientific research in a decentralized manner. Operating in the DeSci space, it facilitates global collaboration and transparent access to resources, breaking down traditional barriers to funding and fostering efficiency and fairness in science.
BIO Tokenomics
The total supply of BIO tokens is capped at 3.3 billion, with 56% allocated to community-building and ecosystem development. This ensures the project remains community-driven while promoting long-term growth.
Be Part of the Revolution
Binance’s Bio Protocol Launchpool offers users a unique chance to earn rewards while supporting a transformative approach to science and research. Don’t miss the opportunity to participate in the farming event and explore this groundbreaking project.