Binance has launched a new project on Launchpool — BIO Protocol (BIO). This is a chance to earn new tokens by locking your BNB or FDUSD. Let's figure out how it works and how much you can earn!
🔑 Basic information:
🗓 Farming starts on 24.12.2024 at 03:00 (UTC+3) and lasts until 03.01.2025.
🥇 Available pools:
$BNB : 84,660,000 BIO (85% of the rewards).
$FDUSD : 14,940,000 BIO (15% of the rewards).
📈 Trading starts on 03.01.2025 at 13:00 (UTC+3) on the pairs BIO/USDT, BIO/BNB, BIO/FDUSD, BIO/TRY.
💰 Example income calculation
If you lock $1,000 in BNB, your share in the pool will depend on the total volume of participants. Suppose the total pool is $10,000,000, then your share will be 0.01%.
Daily, 8,466,000 BIO is distributed in the BNB pool. Your reward:
846.6 BIO per day.
For the entire farming period (10 days): 8,466 BIO.
👉 If the BIO listing price is, for example, $0.05, then your income will be:
8,466 × $0.05 = $423.3.
📋 How to participate?
1. Buy or transfer BNB to Binance.
2. Go to the Launchpool section and select the BNB pool.
3. Lock the tokens. Rewards are credited every hour.
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⚠️ Important nuances:
To participate, you need to undergo verification.
The minimum lock amount is not specified, but $6 in BNB may be insufficient for noticeable rewards.
Locked BNB can be withdrawn at any time without losses.
Make sure to participate! BIO Protocol is a promising project in the field of decentralized science (DeSci). 🚀
Ask your questions and share farming experiences! 😊
