ChainCatcher message, on-chain analyst @ai_9684xtpa conducted an in-depth analysis of Binance's new mining project BIO. The floating profit multiple for the BIO project during the private placement stage has reached up to 92 times, while during the public offering stage, the minimum yield is nearly 15 times. It seems that the investors in this project are enjoying a 'feast of profits'! 🍽️

Binance's research report shows that BIO Protocol has raised a total of $30.2 million through private and public placements. The private placement stage was divided into two rounds of financing, raising a total of $2.3 million, with valuations of $35 million and $69 million respectively. The public offering stage conducted three rounds of financing through the BIO Genesis auction, raising a total of $27.9 million, with valuations of $85 million, $142 million, and $219 million respectively. 📈

For investors, this is undoubtedly a project worth paying attention to, but it is also essential to cautiously evaluate the risks. 🔍