IMROZE
@Square-Creator-02ea2960d4e6
creating, analyzing, and managing cryptocurrency systems
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#BitcoinHashRateSurge Bitcoin Saw Rise In Its Hash Rate by 661% In Past 2 Years
Bitcoin, the world’s leading crypto, has witnessed a staggering surge in its hash rate over the past two years, reaching a remarkable increase of 661%. This significant milestone indicates the growing interest and investment in Bitcoin mining operations worldwide.
The hash rate is a crucial metric that measures the processing power of the network, highlighting the number of calculations it can perform per second to mine new bitcoins and process transactions.
The surge in hash rate reflects the increasing number of miners and mining pools participating in securing the Bitcoin network. Mining has become a highly competitive and lucrative venture, attracting both individual miners and large-scale operations.
The 661% increase in Bitcoin’s hash rate also underscores the network’s robustness and resilience against potential threats. As the hash rate surges, it becomes more difficult for malicious actors to control the network and execute 51% attacks, enhancing the overall security of the Bitcoin blockchain.
Moreover, the rise in hash rate correlates with Bitcoin’s growing adoption as an alternative investment asset and a hedge against inflation. Institutional investors and corporations have increasingly shown interest in Bitcoin, recognizing its potential to preserve value and diversify investment portfolios.
Bitcoin’s hash rate surge comes despite occasional regulatory challenges and market fluctuations within the crypto space. It demonstrates the continued confidence in the technology and the belief in its long-term viability.
#BitcoinHashRateSurge $BTC
Bitcoin, the world’s leading crypto, has witnessed a staggering surge in its hash rate over the past two years, reaching a remarkable increase of 661%. This significant milestone indicates the growing interest and investment in Bitcoin mining operations worldwide.
The hash rate is a crucial metric that measures the processing power of the network, highlighting the number of calculations it can perform per second to mine new bitcoins and process transactions.
The surge in hash rate reflects the increasing number of miners and mining pools participating in securing the Bitcoin network. Mining has become a highly competitive and lucrative venture, attracting both individual miners and large-scale operations.
The 661% increase in Bitcoin’s hash rate also underscores the network’s robustness and resilience against potential threats. As the hash rate surges, it becomes more difficult for malicious actors to control the network and execute 51% attacks, enhancing the overall security of the Bitcoin blockchain.
Moreover, the rise in hash rate correlates with Bitcoin’s growing adoption as an alternative investment asset and a hedge against inflation. Institutional investors and corporations have increasingly shown interest in Bitcoin, recognizing its potential to preserve value and diversify investment portfolios.
Bitcoin’s hash rate surge comes despite occasional regulatory challenges and market fluctuations within the crypto space. It demonstrates the continued confidence in the technology and the belief in its long-term viability.
#BitcoinHashRateSurge $BTC
This week's $BTC closing price is $97,291.91
Binance Square Official
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Predict BTC Price & Win up to $300 USDC!
With the new year approaching, where do you think Bitcoin will go next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
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Witness the Miracle
加密贝姐
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The year 2024 is about to end, and Sister Bei always has a grateful heart. Thank you to our shareholders and friends who believe in us, support us, and are willing to invest in us. By June next year, we will achieve impressive results and returns to give back to everyone.
You are the first batch of investors and witnesses in private equity. After this round of the bull market ends next year, we will set sail again in October 2026, embarking on a new journey to bravely climb new heights, achieving financial freedom for everyone and ourselves. I hope that in the next round, we will all be together to witness miracles! ❤😘
$RAY $ENA $FTT #ATA涨势分析 #加密ETF申请热潮涌现 #GMT热度飙升 #币安Alpha公布第8批项目 #FlokiETP流动性提案通过
You are the first batch of investors and witnesses in private equity. After this round of the bull market ends next year, we will set sail again in October 2026, embarking on a new journey to bravely climb new heights, achieving financial freedom for everyone and ourselves. I hope that in the next round, we will all be together to witness miracles! ❤😘
$RAY $ENA $FTT #ATA涨势分析 #加密ETF申请热潮涌现 #GMT热度飙升 #币安Alpha公布第8批项目 #FlokiETP流动性提案通过
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Get Rich
财经悟空pro
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Morning everyone follows up on COW profits
Congratulations 🎉 everyone
Let's continue to work hard and create brilliance again
#币安LaunchpoolBIO预测 #ATA涨势分析 #加密ETF申请热潮涌现 #GMT热度飙升
Congratulations 🎉 everyone
Let's continue to work hard and create brilliance again
#币安LaunchpoolBIO预测 #ATA涨势分析 #加密ETF申请热潮涌现 #GMT热度飙升
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Happy Weekend
The end of the month is approaching, monthly chart, weekly chart, just hold onto the spot goods, there will definitely be a good market trend before the New Year, don't worry, don't worry!! Sending everyone dog red envelopes!
Today's answer: Have a nice weekend
Today's answer: Have a nice weekend
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The end of the year is all about steadily making money with no retreat in sight.
独领风骚必暴富
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Bring good luck 🧧
Quickly join the exclusive chat room of the骚哥 to make money!
骚哥专属聊天室点此直接进
$BNB
$SOL
Quickly join the exclusive chat room of the骚哥 to make money!
骚哥专属聊天室点此直接进
$BNB
$SOL
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sun
#加密ETF申请热潮涌现 Besides XRP, the following cryptocurrencies also have the potential to obtain ETF approval:
• Solana (SOL): Since the launch of its public blockchain, it has led the development of blockchain applications, with significant wealth creation effects expected in 2024 and a continuously growing ecosystem. Several institutions have submitted SOL ETF applications, but previously the CBOE removed related applications, and when the SEC sued Binance and Coinbase in 2023, SOL was listed as an unregistered security, which posed obstacles to approval. However, the new regulatory environment and changes in SEC leadership may facilitate its approval; Bloomberg analysts expect a high probability of SOL being approved in 2025.
• Litecoin (LTC): It is a fork of Bitcoin and is more likely to be viewed as a commodity by the SEC. Its technology and applications are relatively mature, and it enjoys high market acceptance, making the path to ETF approval relatively smoother. It is considered one of the cryptocurrencies with a higher likelihood of ETF approval, aside from Bitcoin and Ethereum.
• Hedera (HBAR): Its advantage lies in not being classified as a security by the U.S. Securities and Exchange Commission, avoiding related legal disputes, and thus being in a favorable position for potential ETF issuance. As the legal environment for cryptocurrencies develops, HBAR's ETF products may become one of the options for investors' diversified portfolios.
• Dogecoin (DOGE): Although it is a meme coin, it has a huge market capitalization and its community influence is continuously expanding, making it increasingly popular. The likelihood of applying for a Dogecoin spot ETF is gradually increasing, with Bloomberg ETF analyst Eric Balchunas even mentioning December 31 as a possible application date.
• Cardano (ADA): ADA also possesses certain technical strengths and application scenarios, with its development in areas such as smart contracts being closely watched. Reports indicate that at least one issuer has attempted an ADA ETF application, indicating its potential for ETF approval.
• Solana (SOL): Since the launch of its public blockchain, it has led the development of blockchain applications, with significant wealth creation effects expected in 2024 and a continuously growing ecosystem. Several institutions have submitted SOL ETF applications, but previously the CBOE removed related applications, and when the SEC sued Binance and Coinbase in 2023, SOL was listed as an unregistered security, which posed obstacles to approval. However, the new regulatory environment and changes in SEC leadership may facilitate its approval; Bloomberg analysts expect a high probability of SOL being approved in 2025.
• Litecoin (LTC): It is a fork of Bitcoin and is more likely to be viewed as a commodity by the SEC. Its technology and applications are relatively mature, and it enjoys high market acceptance, making the path to ETF approval relatively smoother. It is considered one of the cryptocurrencies with a higher likelihood of ETF approval, aside from Bitcoin and Ethereum.
• Hedera (HBAR): Its advantage lies in not being classified as a security by the U.S. Securities and Exchange Commission, avoiding related legal disputes, and thus being in a favorable position for potential ETF issuance. As the legal environment for cryptocurrencies develops, HBAR's ETF products may become one of the options for investors' diversified portfolios.
• Dogecoin (DOGE): Although it is a meme coin, it has a huge market capitalization and its community influence is continuously expanding, making it increasingly popular. The likelihood of applying for a Dogecoin spot ETF is gradually increasing, with Bloomberg ETF analyst Eric Balchunas even mentioning December 31 as a possible application date.
• Cardano (ADA): ADA also possesses certain technical strengths and application scenarios, with its development in areas such as smart contracts being closely watched. Reports indicate that at least one issuer has attempted an ADA ETF application, indicating its potential for ETF approval.
🤝🐯🧡
TIGRE_48
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📈 Promising new project that will make you a millionaire 💰💲.
⚠️ Be careful ⚠️
🔸 It could be a scam (If it's a new meme it increases its chances of being a scam), if it was created on a platform like (Pump fun) it is a scam 95% of the time.
🔸 These repeat a pattern = it has a big boost at the beginning and after people buy, the creator of the project sells everything at once causing losses to investors 📉 .
🔸 Look at the example of @Binance Risk Sniper in the post below ⬇️ , so you can prevent these scams.
⚠️ Be careful ⚠️
🔸 It could be a scam (If it's a new meme it increases its chances of being a scam), if it was created on a platform like (Pump fun) it is a scam 95% of the time.
🔸 These repeat a pattern = it has a big boost at the beginning and after people buy, the creator of the project sells everything at once causing losses to investors 📉 .
🔸 Look at the example of @Binance Risk Sniper in the post below ⬇️ , so you can prevent these scams.
bnb❤️
BNB (Binance Coin) is the cryptocurrency of the Binance exchange, created in 2017. 🚀
It helps users save on trading fees by offering discounts on Binance. 📉💸
BNB can be used for exclusive token sales on Binance Launchpad. 🎟️🔥
Users can stake BNB for rewards. 🏅💎
It was originally launched on Ethereum but later moved to Binance's own blockchain, Binance Chain. 🔗⚡
BNB’s main target in 2017 was to boost the Binance ecosystem and encourage users to hold it for various benefits. 🌐🚀
Over time, its use has expanded to payments and other services across the crypto world. 🌍💳
$BTC
$BNB
#BitwiseBitcoinETF
It helps users save on trading fees by offering discounts on Binance. 📉💸
BNB can be used for exclusive token sales on Binance Launchpad. 🎟️🔥
Users can stake BNB for rewards. 🏅💎
It was originally launched on Ethereum but later moved to Binance's own blockchain, Binance Chain. 🔗⚡
BNB’s main target in 2017 was to boost the Binance ecosystem and encourage users to hold it for various benefits. 🌐🚀
Over time, its use has expanded to payments and other services across the crypto world. 🌍💳
$BTC
$BNB
#BitwiseBitcoinETF
#BitwiseBitcoinETF
The Bitwise Bitcoin ETF (BITB) is a professionally managed fund that provides low-cost access to bitcoin. It's sponsored and managed by Bitwise Investment Advisers, LLC, a private company that specializes in crypto assets.
Here are some details about the Bitwise Bitcoin ETF:
Fees
The fund charges a 0.20% annual management fee on the value of its bitcoin holdings. However, there are no fees for the first six months or for the first $1 billion.
Investment
The fund invests directly in bitcoin and is accessible through a brokerage account.
Expertise
Bitwise has a six-year track record of managing crypto assets for large institutional investors.
Bitcoin (BTC) is a virtual currency that functions as money and a form of payment without the need for a trusted third party. Cryptocurrencies are digital payment systems that allow people to send and receive payments without relying on banks to verify transactions. #BitwiseBitcoinETF $BTC
The Bitwise Bitcoin ETF (BITB) is a professionally managed fund that provides low-cost access to bitcoin. It's sponsored and managed by Bitwise Investment Advisers, LLC, a private company that specializes in crypto assets.
Here are some details about the Bitwise Bitcoin ETF:
Fees
The fund charges a 0.20% annual management fee on the value of its bitcoin holdings. However, there are no fees for the first six months or for the first $1 billion.
Investment
The fund invests directly in bitcoin and is accessible through a brokerage account.
Expertise
Bitwise has a six-year track record of managing crypto assets for large institutional investors.
Bitcoin (BTC) is a virtual currency that functions as money and a form of payment without the need for a trusted third party. Cryptocurrencies are digital payment systems that allow people to send and receive payments without relying on banks to verify transactions. #BitwiseBitcoinETF $BTC
#XmasCryptoMiracles Dogecoin (DOGE) Price Surge: What to Expect for 2025 – Key Trends, Predictions, and Technical Insights
What Does the Future Hold for Dogecoin?
So, what is the future outlook for Dogecoin? Several factors could influence its price in the coming years:
Institutional Adoption: As more institutions get involved in cryptocurrencies, Dogecoin could benefit from increased mainstream adoption. Its low transaction fees and fast block times make it an attractive choice for microtransactions.
Celebrity Influence: With figures like Elon Musk continuing to tweet about Dogecoin, the price could see significant movements based on celebrity endorsements. While these fluctuations can be volatile, they have brought attention to Dogecoin’s potential.
Technological Developments: Dogecoin’s development, although not as active as some other cryptocurrencies, could see future updates or improvements, especially if the community demands it. For Dogecoin to remain competitive, continuous improvements in scalability and security will be necessary.
Market Sentiment: Like all cryptocurrencies, Dogecoin is highly sensitive to market sentiment. Factors such as regulation, broader market trends, and global economic conditions will play a large role in determining Dogecoin's future.
Conclusion:
Dogecoin’s future looks promising, with strong bullish momentum backed by technical indicators such as the Ichimoku Cloud and Stochastic RSI. However, given the overbought conditions, there could be short-term pullbacks or consolidation before the next leg higher. Watching key support and resistance levels like $0.33 and $0.40 will be crucial for determining whether Dogecoin can break out to new highs or face a correction. Investors should remain aware of market sentiment, celebrity endorsements, and institutional adoption, all of which will shape Dogecoin’s future in 2025 and beyond.
$DOGE
What Does the Future Hold for Dogecoin?
So, what is the future outlook for Dogecoin? Several factors could influence its price in the coming years:
Institutional Adoption: As more institutions get involved in cryptocurrencies, Dogecoin could benefit from increased mainstream adoption. Its low transaction fees and fast block times make it an attractive choice for microtransactions.
Celebrity Influence: With figures like Elon Musk continuing to tweet about Dogecoin, the price could see significant movements based on celebrity endorsements. While these fluctuations can be volatile, they have brought attention to Dogecoin’s potential.
Technological Developments: Dogecoin’s development, although not as active as some other cryptocurrencies, could see future updates or improvements, especially if the community demands it. For Dogecoin to remain competitive, continuous improvements in scalability and security will be necessary.
Market Sentiment: Like all cryptocurrencies, Dogecoin is highly sensitive to market sentiment. Factors such as regulation, broader market trends, and global economic conditions will play a large role in determining Dogecoin's future.
Conclusion:
Dogecoin’s future looks promising, with strong bullish momentum backed by technical indicators such as the Ichimoku Cloud and Stochastic RSI. However, given the overbought conditions, there could be short-term pullbacks or consolidation before the next leg higher. Watching key support and resistance levels like $0.33 and $0.40 will be crucial for determining whether Dogecoin can break out to new highs or face a correction. Investors should remain aware of market sentiment, celebrity endorsements, and institutional adoption, all of which will shape Dogecoin’s future in 2025 and beyond.
$DOGE
#ReboundRally Shiba Inu (SHIB) Price Prediction For December 25
Bullish On-Chain Metrics
With this strong positive sentiment, traders’ and long-term holders’ interest in SHIB seems to be rising, as reported by the on-chain analytics firm Coinglass. Additionally, aside from the current sentiment, long-term holders appear more confident about the meme coin.
$10 Million SHIB Outflow
Data from the SHIB spot inflow/outflow revealed that exchanges have experienced an outflow of a significant $10 million in SHIB over the past three days. Meanwhile, with the recent sentiment, this outflow seems to be rising, indicating that long-term holders continue to withdraw the asset from their exchanges.
Current Price Momentum
At press time, SHIB is trading near $0.000023 and has experienced a price surge of over 6.5% in the past 24 hours. During the same period, its trading volume increased by 5% and has steadily risen, indicating heightened participation from traders and investors amid a bullish outlook.
Shiba Inu (SHIB) Technical Analysis and Upcoming Level
According to expert technical analysis, SHIB appears bullish as it has broken out from a consolidation zone and formed a bullish morning star candlestick pattern at the 200 EMA support.#MarketRebound $SHIB
Bullish On-Chain Metrics
With this strong positive sentiment, traders’ and long-term holders’ interest in SHIB seems to be rising, as reported by the on-chain analytics firm Coinglass. Additionally, aside from the current sentiment, long-term holders appear more confident about the meme coin.
$10 Million SHIB Outflow
Data from the SHIB spot inflow/outflow revealed that exchanges have experienced an outflow of a significant $10 million in SHIB over the past three days. Meanwhile, with the recent sentiment, this outflow seems to be rising, indicating that long-term holders continue to withdraw the asset from their exchanges.
Current Price Momentum
At press time, SHIB is trading near $0.000023 and has experienced a price surge of over 6.5% in the past 24 hours. During the same period, its trading volume increased by 5% and has steadily risen, indicating heightened participation from traders and investors amid a bullish outlook.
Shiba Inu (SHIB) Technical Analysis and Upcoming Level
According to expert technical analysis, SHIB appears bullish as it has broken out from a consolidation zone and formed a bullish morning star candlestick pattern at the 200 EMA support.#MarketRebound $SHIB
#MarketRebound Bitcoin Price Recovery To $150,000: Fibonacci Levels Show What To Expect Next.
The Bitcoin Price Recovery To $150,000
In a TradingView post, TradingShot stated that the next high is on the horizon as the Bitcoin price has already entered phase 3 of the bull cycle. This next high is expected to be on the -0.5 horizontal Fibonacci extension and on the 2.0 Channel
Fibonacci extension at the price of $150,000, which is the next technical extension.
phase 1 of the bull cycle, the Bitcoin price is said to have traded within the Fib 0.0 to 1.0 range. In phase 2, Bitcoin traded within the 0.5 to 1.5 range. For phase 3, TradingShot stated that he expects the flagship crypto to trade within the Fib 1.0 to 2.0 range.
The analyst highlighted the high symmetry between sequences, legs, and pullbacks within this pattern. He remarked that the one that stands out is that rallies so far tend to lead to a 100% surge. Specifically, TradingShot alluded to the April 14, 2023, and January 11, 2024 highs of over 100% rallies. The Bitcoin price then pulled back towards the 0.382 Fib retracement level. Therefore, this similar price action could play out for phase 3. #MarketRebound $BTC
The Bitcoin Price Recovery To $150,000
In a TradingView post, TradingShot stated that the next high is on the horizon as the Bitcoin price has already entered phase 3 of the bull cycle. This next high is expected to be on the -0.5 horizontal Fibonacci extension and on the 2.0 Channel
Fibonacci extension at the price of $150,000, which is the next technical extension.
phase 1 of the bull cycle, the Bitcoin price is said to have traded within the Fib 0.0 to 1.0 range. In phase 2, Bitcoin traded within the 0.5 to 1.5 range. For phase 3, TradingShot stated that he expects the flagship crypto to trade within the Fib 1.0 to 2.0 range.
The analyst highlighted the high symmetry between sequences, legs, and pullbacks within this pattern. He remarked that the one that stands out is that rallies so far tend to lead to a 100% surge. Specifically, TradingShot alluded to the April 14, 2023, and January 11, 2024 highs of over 100% rallies. The Bitcoin price then pulled back towards the 0.382 Fib retracement level. Therefore, this similar price action could play out for phase 3. #MarketRebound $BTC
#ChristmasMarketAnalysis
Dec. 25. Last year, Metis (METIS) was the biggest crypto gainer on Christmas, increasing over 50%. ORDI and SATS (1000SATS) were in second and third places, respectively, noting the interest in Bitcoin inscriptions at the time.
these cryptocurrencies increased so much last year and if they can do the same this year.
METIS Price Surges
The METIS price increase occurred after the DAO announced a $330 million incentive program for decentralized applications (dApps) that build on the rollup starting in January 2024.
The grant was meant to support their decentralized sequencer launch the same month. The team announced that the Total Value Locked (TVL) in Metis has increased by 300%, reaching $400 million.
While the METIS crypto surged last Christmas (black icon), the price movement has not been as bullish since then.
The METIS price increased until March 2024, reaching a high of $149.70. However, it created a long upper wick (black circle) and has fallen since.
Since July, METIS has increased inside an ascending parallel channel, a bearish pattern.
In December, the price risks breaking down from the channel’s support trend line and the $450 horizontal support area.#ChristmasMarketAnalysis $BTC
Dec. 25. Last year, Metis (METIS) was the biggest crypto gainer on Christmas, increasing over 50%. ORDI and SATS (1000SATS) were in second and third places, respectively, noting the interest in Bitcoin inscriptions at the time.
these cryptocurrencies increased so much last year and if they can do the same this year.
METIS Price Surges
The METIS price increase occurred after the DAO announced a $330 million incentive program for decentralized applications (dApps) that build on the rollup starting in January 2024.
The grant was meant to support their decentralized sequencer launch the same month. The team announced that the Total Value Locked (TVL) in Metis has increased by 300%, reaching $400 million.
While the METIS crypto surged last Christmas (black icon), the price movement has not been as bullish since then.
The METIS price increased until March 2024, reaching a high of $149.70. However, it created a long upper wick (black circle) and has fallen since.
Since July, METIS has increased inside an ascending parallel channel, a bearish pattern.
In December, the price risks breaking down from the channel’s support trend line and the $450 horizontal support area.#ChristmasMarketAnalysis $BTC
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Keep it up
Quoted content has been removed
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_Wendy
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Earn up to $10,000 on Binance Launchpool BIO - Here is a detailed analysis of the project. Dont miss
BIO Introduction
BIO is a curation and liquidity protocol for Decentralized Science (DeSci). Our mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech projects and intellectual property (IP).
The team behind BIO helped create Molecule, a tokenization platform for early-stage biomedicine, and VitaDAO, the largest decentralized community for longevity science. Building on these successes, BIO is designed to catalyze an onchain scientific economy through decentralized funding, incentives and liquidity.
The BIO token gives holders access to BIO's network of scientific communities and IP, enabling broad exposure to the DeSci economy.
BIO Protocol
BIO protocol is a new financial layer for decentralized science aimed at accelerating the flow of capital and talent into onchain science.
The protocol is designed to catalyze an onchain economy of scientific communities (bioDAOs) and create deep, liquid, efficient markets for scientific IP developed by bioDAOs.
Protocol Goals
Curation, creation and acceleration of new bioDAOs funding science onchain.Perpetual funding and liquidity for bioDAOs and onchain biotech assets.Standardization of bioDAO frameworks, tokenomics and data/product suites.Generation and commercialization of scientific IP and data.
Core Operations
To achieve these goals, the BIO protocol has 5 core operations:
CurationFundingLiquidityBio/acc RewardsMeta-Governance
1. Curation (BIO Staking)
BIO token holders participate in curating which new BioDAOs join the ecosystem, enabling a bottom-up approach to funding science. The BioDAOs that are selected by the community are then funded, added to the treasury and ultimately supported by the BIO protocol. As the BIO Protocol relies on high quality BioDAOs, curation requires locked BIO to participate, ensuring that those participating are long-term aligned with the network.Using vBIO (locked BIO), BIO holders will have the ability to pledge their conviction in a new DAO applicant that is presented to the BIO Protocol by “Operators” (network stakeholders who support the incubation phase of a BioDAO).BIO holders use vBIO tokens to pledge which BioDAOs they want accepted, and if a DAO they’ve pledged on is voted in, the stakers get access to whitelisted funding rounds, and privileged access to the DAO’s products, data or services.
2. Funding
If the BioDAO applicant is accepted into the BIO Network, all vBIO stakers who pledged to that BioDAO will have the ability to participate in the initial private auction - a whitelisted pre-seed round.Through BIO, users are thus able to support groundbreaking science from day one, on equal to or better terms than VCs or other institutions. For BioDAOs, this creates an opportunity to align a pre-established high-value scientific community to become network participants for that specific field of research.
3. Liquidity
BioDAOs should focus on science, not managing liquidity. BIO alleviates this issue by managing bioDAO secondary market liquidity positions.The BIO protocol can support onchain liquidity for the BIO network using the BIO token and other token holdings in the BIO treasury.The BIO token can be paired in liquidity pools with BioDAO tokens (e.g., VITA/BIO, HAIR/BIO), as well as with other assets (e.g., BIO/ETH) to facilitate low-cost conversions in the network, accruing fees and building protocol-owned liquidity (POL).
4. Bio/acc Rewards
The BIO protocol can issue rewards in the form of BIO tokens (“bio/acc rewards”) that incentivize bioDAOs to reach key milestones designed to increase network value (AUM).BIO holders might choose to use bio/acc rewards to incentivize bioDAO milestones like funding a certain value of onchain science, maintaining a certain level of token liquidity, developing IP that reaches clinical trials, or generating sales from consumer products/services.
5. Meta-Governance
The BIO protocol will hold various BioDAO tokens in its treasury and can therefore serve as a meta-governance layer empowering BIO holders to govern a wide range of BioDAOs and scientific IP assets.
BIO Value Accrual
The BIO treasury accrues value through a variety of mechanisms, including:
Token Allocations
BIO Network provides incubated BioDAOs with a $100,000 grant in exchange for 6.9% of the BioDAO’s token supply. These token allocation accrue in the BIO Treasury, growing protocol AUM as the network underlying DAOs rise in the value. The BIO treasury can also receive allocations of bioDAO scientific IP assets.
Protocol-Owned Liquidity (POL)
The BIO treasury accrues fees and yields from its onchain liquidity in BIO tokens, BioDAO tokens, IP tokens, ETH, and other assets, building POL.
BIO Token
The BIO token can be used for the following purposes:
Curate BioDAOs to join the BIO protocol programsPriority access to BioDAO token sales and IP-token salesDiscounts on BioDAO health products/servicesMeta-governance in BioDAOsVote on BIO emissions, treasury allocation, and protocol updates
BioDAO
BioDAOs are community-owned scientific research networks. They typically focus on a specific scientific or medical area, and use the power of a globally distributed collective of stakeholders (e.g., patients, scientists and biotech builders) to accelerate the R&D process and develop new IP. BioDAO members pool together resources (data, capital, labor) for the mission of the DAO. By sharing resources, these communities can reduce the cost of innovation and time to commercialization.
BioDAOs raise funding via token sales, and use their treasuries to back and develop biotech projects related to their mission, creating shared IP ownership between their members. BioDAOs use Molecule's onchain IP framework to own, license, and transact in intellectual property generated from the projects they support. BioDAO proceeds from IP and product sales can flow back into the bioDAO's treasuries to fund and translate the next generation of R&D, further advancing the bioDAO’s mission.
BioDAOs have several advantages over traditional scientific models:
Capital Efficiency: Pooled resources lower innovation costsFlexible Work Model: Enable part-time expert contributionsShared IP Ownership: Incentivize contributions through IP ownershipOpen Access: Remove gatekeeping in scientific funding and decision-makingDiversified Portfolio: Bundle many biotech projects simultaneously, reducing risk.
Success Stories:
VitaDAO: Funded $5M+ in longevity science, backed by Pfizer Ventures, partnered with Newcastle University.HairDAO: Targeting hair loss; DAO-owned patent and consumer product, Follicool.CerebrumDAO: Advancing brain health, raised over $1.5M, struck a deal with Fission Pharma to tackle mitochondrial dysfunction in neurodegenerative disease.ValleyDAO: Focusing on synthetic biology, raised $2M+ and partnered with Imperial College London.AthenaDAO: Advancing women’s health R&D, funded $500k in translational research, with 14 IP deals pending.CryoDAO: Advancing the field of cryogenics, raised over $3M for the field, established projects with Oxford Cryotechnology & Advanced Neural Biosciences.PsyDAO: Focusing on psychedelic medicines, having launched OPSY, a new platform leveraging psychedelics trials and data.
Early acceptances in BIO Cohort 2:
Long COVID Labs: Accelerating a cure for 100M+ Long COVID patients. Founded by Rohan Dixit, ex-Stanford Neuroscientist, healthcare entrepreneur and Long COVID survivor.Quantum Biology DAO: Building quantum microscopes to advance bio research. Founded by Clarice D. Aiello, MIT PhD and world-leading Quantum Biology Scientist, and Geoff Anders, Executive Director of Leverage Research.Curetopia (Rare Diseases): Tackling the $1T+ rare disease space by uniting families and patient communities. Founded by Ethan Perlstein, Harvard PhD, entrepreneur & Y-Combinator alumnus.
Curation
BIO token holders curate which bioDAOs are accepted into the BIO network by staking BIO tokens on bioDAOs they want accepted.
BioDAOs voted into the network receive funding via the BIO Launchpad, as well as token liquidity support, incentives and other acceleration services from the community.
If a DAO you've staked to is ultimately voted in by the community, you stand to earn BIO token rewards as well as early access to the DAO's initial token funding round and IP asset funding rounds conducted by the DAO.
Bio/Acc Rewards
Bio/Acc Rewards incentivize bioDAOs and their members to take actions that contribute to the network's overall value. Per BIOPSY-5, 4% of the BIO token supply (132.8M tokens) will be allocated to Bio/Acc Rewards.
Bio/Acc Rewards provide rewards in the form of BIO tokens to bioDAOs for achieving key milestones, including:
Initial token auctions via the BIO LaunchpadFunding science (IP-Token launches)Consumer product launches with significant revenueConducting decentralized clinical trials
Rewards can also flow directly to users of bioDAO products, incentivizing biohackers to perform activities like:
Contributing to clinical trials or self-reporting health dataUsing bioDAO products (Follistatin, Vitarna, cybernetic implants, etc.)Buying bioDAO products in online/offline stores
IP Tokens
Intellectual Property Tokens ("IP-Tokens" or "IPTs"), pioneered by Molecule AG, represent fractional governance rights over the intellectual property (IP) generated. These tokens give holders opportunity to participate directly in the development, decision-making, and future directions of the research.
BioDAOs & IPTs
BioDAOs develop and acquire ownership in IP-Tokens. Each BioDAO typically holds a portfolio of IP-Tokens representing intellectual property related to the BioDAO's specific area of scientific research. VitaDAO, for instance, developed and owns stakes in the IPTs VitaRNA and VITA-FAST.
Ecosystem
BIO is a network of bioDAOs that each specialize in developing research and products in a specific scientific field, such as longevity science (VitaDAO), brain health (CerebrumDAO) and synthetic biology (ValleyDAO).
The bioDAOs listed in the table below were either incubated by or closely affiliated with the bio.xyz ecosystem, and as such are expected to play an active role in the future development and governance of the BIO protocol.
BIO Token
BIO is the native governance token of the BIO protocol. BIO may be used by holders to:
Signal which bioDAOs to support (curation)Vote on future BIO issuance or distribution; andImplement accelerator programs for the development of the network
The BIO token provides holders with access to:
Governance rights in network bioDAOsEarly bioDAO funding roundsFinancial rewards for health data contributions & clinical trial participationNew health products funded by bioDAOs
The BIO token was issued by Bio.xyz Association, a not-for-profit organization that serves as legal steward of the BIO infrastructure and treasury.
BIO token contract: 0xcb1592591996765Ec0eFc1f92599A19767ee5ffAvBIO (vesting BIO) token contract: 0x0d2ADB4Af57cdac02d553e7601456739857D2eF4
Bionomics
Initial Distribution
Total Supply: 3,320,000,000
BIO Token Status: Non-transferrable
Max Supply: Uncapped supply, to be voted on by BIO governance.
New BIO can be minted for future protocol or network growth. This requires deploying a new token contract to replace the current BIO token.
BIO Allocation at Genesis
BIO's total supply at Genesis will be split across eight categories described in the chart and table below.
Community: 56%Community Auction: 20%Community Airdrop: 6%Ecosystem Incentives: 25%Molecule Ecosystem Fund: 5%Investors: 13.6%Core Contributors: 21.2%Advisors: 4.2%Molecule: 5%
Unlocked BIO Supply Schedules
Unlocked supply differs from circulating supply, this is the total supply that is unlocked and can be used, but not necessarily deployed.
Circulating Supply Distribution in the first 3 years
Given the 6 year vesting schedules of core team and investors, the following section gives a break down of the circulating supply distribution at the end of the first 3 years. This excludes any community directed inflation.
Inflation
BIO inflation plays a role in the secondary market liquidity function of the protocol, and therefore only inflates as the network of bioDAOs grow. Specific details on the inflation rate is TBD.
BIO Token Utility
BIO is a governance utility token for the governance of the BIO protocol.
BIO protocol governance may include decisions on:
Curation of BioDAOs joining the BIO NetworkTerms for participation in BioDAOs and their IP token salesSupport for and discounts on BioDAO health products/servicesMeta-governance within member BioDAOsBIO emissions, treasury allocations, and BIO protocol upgrades
BIO Value Accrual
The BIO treasury accrues value through a variety of mechanisms, including:
Token Allocations
BIO Network provides incubated BioDAOs with a $100,000 grant in exchange for 6.9% of the BioDAO’s token supply. These token allocation accrue in the BIO Treasury, growing protocol AUM as the network underlying DAOs rise in the value. The BIO treasury can also receive allocations of bioDAO scientific IP assets.
Protocol-Owned Liquidity (POL)
The BIO treasury accrues fees and yields from its onchain liquidity in BIO tokens, BioDAO tokens, IP tokens, ETH, and other assets, building POL.
BIO Genesis (Token Launch)
The design for BIO Genesis 2 was voted on by BIO governance in BIOPSY-10. BIO Genesis is designed to seed the network with liquidity and generate a diversified treasury for the protocol that can be used to support funding, liquidity, governance and incentives for BioDAOs in the network.
The details for BIO Genesis 1 can be found in BIOPSY-7.
BIO Airdrop
You can check eligibility and claim the BIO Airdrop here: https://claim.bio.xyz
Full details of the BIO Airdrop can be found in BIOPSY-3.
Details:
3% of BIO supply airdropped>8,500 addresses qualifiedThe snapshot for the aidrop was taken on April 1, 2024Users claim vBIO (vested BIO) that is immediately redeemable for $BIOThe $BIO token is non-transferrable until governance votes to unlock it.
Eligibility Criteria:
Placed bids in bioDAO* auctionsHeld >$100 of bioDAO tokens before April 1, 2024Provided liquidity for bioDAO tokensActively participated in bioDAO DiscordsCore contributor at a bioDAODonate to DeSci projects on Gitcoin (Round 15, 17 & Hyper DeSci were included with minimum of $50 total donations)
The airdrop is fully vested upon claiming. The BIO token is currently non-transferable. For technical reasons, we distribute all tokens through the vBIO contract. Airdrop recipients may convert their vBIO into BIO at any time, although there is no practical reason to do so until BIO becomes transferable, as determined by a governance vote.
bioGenesis Airdrop
There was also a small airdrop, amounting to 1% of the total supply, allocated to the initial BIO core community which consists of individuals who have contributed to building and participating in the program over its first 2 years. The terms for this airdrop include a 1-year cliff followed by a 6-year vesting period, managed through the vBIO contract.
BIO Launchpool Details:
Token Name: BIO Protocol (BIO)Max Token Supply: 3,320,000,000 BIO (dynamic, may increase via network governance) Total Genesis Token Supply: 3,320,000,000 BIO Launchpool Token Rewards: 99,600,000 BIO (3% of total genesis token supply)Initial Circulating Supply When Listed on Binance Spot: 1,296,529,168 BIO (39.05% of total genesis token supply)Research Report: BIO Protocol (BIO)
Hourly Hard Cap per User: 35,275 BIO in BNB pool6,225 BIO in FDUSD pool
Supported Pools:
Lock BNB (webpage will be available in around 12 hours): 84,660,000 BIO in rewards (85%) Lock FDUSD (webpage will be available in around 12 hours): 14,940,000 BIO in rewards (15%)Farming Period: 2024-12-24 00:00 (UTC) to 2025-01-02 23:59 (UTC).
Instructions for Staking BNB and FDUSD to join Launchpool
Learn more: Binance Announcements
Advisors
Meet the BIO Team
Investor
Ecosystem
Project Links
WebsiteXWhitepaper
#Binance #BinanceLaunchpoolBIO #wendy $BNB $FDUSD
BIO is a curation and liquidity protocol for Decentralized Science (DeSci). Our mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech projects and intellectual property (IP).
The team behind BIO helped create Molecule, a tokenization platform for early-stage biomedicine, and VitaDAO, the largest decentralized community for longevity science. Building on these successes, BIO is designed to catalyze an onchain scientific economy through decentralized funding, incentives and liquidity.
The BIO token gives holders access to BIO's network of scientific communities and IP, enabling broad exposure to the DeSci economy.
BIO Protocol
BIO protocol is a new financial layer for decentralized science aimed at accelerating the flow of capital and talent into onchain science.
The protocol is designed to catalyze an onchain economy of scientific communities (bioDAOs) and create deep, liquid, efficient markets for scientific IP developed by bioDAOs.
Protocol Goals
Curation, creation and acceleration of new bioDAOs funding science onchain.Perpetual funding and liquidity for bioDAOs and onchain biotech assets.Standardization of bioDAO frameworks, tokenomics and data/product suites.Generation and commercialization of scientific IP and data.
Core Operations
To achieve these goals, the BIO protocol has 5 core operations:
CurationFundingLiquidityBio/acc RewardsMeta-Governance
1. Curation (BIO Staking)
BIO token holders participate in curating which new BioDAOs join the ecosystem, enabling a bottom-up approach to funding science. The BioDAOs that are selected by the community are then funded, added to the treasury and ultimately supported by the BIO protocol. As the BIO Protocol relies on high quality BioDAOs, curation requires locked BIO to participate, ensuring that those participating are long-term aligned with the network.Using vBIO (locked BIO), BIO holders will have the ability to pledge their conviction in a new DAO applicant that is presented to the BIO Protocol by “Operators” (network stakeholders who support the incubation phase of a BioDAO).BIO holders use vBIO tokens to pledge which BioDAOs they want accepted, and if a DAO they’ve pledged on is voted in, the stakers get access to whitelisted funding rounds, and privileged access to the DAO’s products, data or services.
2. Funding
If the BioDAO applicant is accepted into the BIO Network, all vBIO stakers who pledged to that BioDAO will have the ability to participate in the initial private auction - a whitelisted pre-seed round.Through BIO, users are thus able to support groundbreaking science from day one, on equal to or better terms than VCs or other institutions. For BioDAOs, this creates an opportunity to align a pre-established high-value scientific community to become network participants for that specific field of research.
3. Liquidity
BioDAOs should focus on science, not managing liquidity. BIO alleviates this issue by managing bioDAO secondary market liquidity positions.The BIO protocol can support onchain liquidity for the BIO network using the BIO token and other token holdings in the BIO treasury.The BIO token can be paired in liquidity pools with BioDAO tokens (e.g., VITA/BIO, HAIR/BIO), as well as with other assets (e.g., BIO/ETH) to facilitate low-cost conversions in the network, accruing fees and building protocol-owned liquidity (POL).
4. Bio/acc Rewards
The BIO protocol can issue rewards in the form of BIO tokens (“bio/acc rewards”) that incentivize bioDAOs to reach key milestones designed to increase network value (AUM).BIO holders might choose to use bio/acc rewards to incentivize bioDAO milestones like funding a certain value of onchain science, maintaining a certain level of token liquidity, developing IP that reaches clinical trials, or generating sales from consumer products/services.
5. Meta-Governance
The BIO protocol will hold various BioDAO tokens in its treasury and can therefore serve as a meta-governance layer empowering BIO holders to govern a wide range of BioDAOs and scientific IP assets.
BIO Value Accrual
The BIO treasury accrues value through a variety of mechanisms, including:
Token Allocations
BIO Network provides incubated BioDAOs with a $100,000 grant in exchange for 6.9% of the BioDAO’s token supply. These token allocation accrue in the BIO Treasury, growing protocol AUM as the network underlying DAOs rise in the value. The BIO treasury can also receive allocations of bioDAO scientific IP assets.
Protocol-Owned Liquidity (POL)
The BIO treasury accrues fees and yields from its onchain liquidity in BIO tokens, BioDAO tokens, IP tokens, ETH, and other assets, building POL.
BIO Token
The BIO token can be used for the following purposes:
Curate BioDAOs to join the BIO protocol programsPriority access to BioDAO token sales and IP-token salesDiscounts on BioDAO health products/servicesMeta-governance in BioDAOsVote on BIO emissions, treasury allocation, and protocol updates
BioDAO
BioDAOs are community-owned scientific research networks. They typically focus on a specific scientific or medical area, and use the power of a globally distributed collective of stakeholders (e.g., patients, scientists and biotech builders) to accelerate the R&D process and develop new IP. BioDAO members pool together resources (data, capital, labor) for the mission of the DAO. By sharing resources, these communities can reduce the cost of innovation and time to commercialization.
BioDAOs raise funding via token sales, and use their treasuries to back and develop biotech projects related to their mission, creating shared IP ownership between their members. BioDAOs use Molecule's onchain IP framework to own, license, and transact in intellectual property generated from the projects they support. BioDAO proceeds from IP and product sales can flow back into the bioDAO's treasuries to fund and translate the next generation of R&D, further advancing the bioDAO’s mission.
BioDAOs have several advantages over traditional scientific models:
Capital Efficiency: Pooled resources lower innovation costsFlexible Work Model: Enable part-time expert contributionsShared IP Ownership: Incentivize contributions through IP ownershipOpen Access: Remove gatekeeping in scientific funding and decision-makingDiversified Portfolio: Bundle many biotech projects simultaneously, reducing risk.
Success Stories:
VitaDAO: Funded $5M+ in longevity science, backed by Pfizer Ventures, partnered with Newcastle University.HairDAO: Targeting hair loss; DAO-owned patent and consumer product, Follicool.CerebrumDAO: Advancing brain health, raised over $1.5M, struck a deal with Fission Pharma to tackle mitochondrial dysfunction in neurodegenerative disease.ValleyDAO: Focusing on synthetic biology, raised $2M+ and partnered with Imperial College London.AthenaDAO: Advancing women’s health R&D, funded $500k in translational research, with 14 IP deals pending.CryoDAO: Advancing the field of cryogenics, raised over $3M for the field, established projects with Oxford Cryotechnology & Advanced Neural Biosciences.PsyDAO: Focusing on psychedelic medicines, having launched OPSY, a new platform leveraging psychedelics trials and data.
Early acceptances in BIO Cohort 2:
Long COVID Labs: Accelerating a cure for 100M+ Long COVID patients. Founded by Rohan Dixit, ex-Stanford Neuroscientist, healthcare entrepreneur and Long COVID survivor.Quantum Biology DAO: Building quantum microscopes to advance bio research. Founded by Clarice D. Aiello, MIT PhD and world-leading Quantum Biology Scientist, and Geoff Anders, Executive Director of Leverage Research.Curetopia (Rare Diseases): Tackling the $1T+ rare disease space by uniting families and patient communities. Founded by Ethan Perlstein, Harvard PhD, entrepreneur & Y-Combinator alumnus.
Curation
BIO token holders curate which bioDAOs are accepted into the BIO network by staking BIO tokens on bioDAOs they want accepted.
BioDAOs voted into the network receive funding via the BIO Launchpad, as well as token liquidity support, incentives and other acceleration services from the community.
If a DAO you've staked to is ultimately voted in by the community, you stand to earn BIO token rewards as well as early access to the DAO's initial token funding round and IP asset funding rounds conducted by the DAO.
Bio/Acc Rewards
Bio/Acc Rewards incentivize bioDAOs and their members to take actions that contribute to the network's overall value. Per BIOPSY-5, 4% of the BIO token supply (132.8M tokens) will be allocated to Bio/Acc Rewards.
Bio/Acc Rewards provide rewards in the form of BIO tokens to bioDAOs for achieving key milestones, including:
Initial token auctions via the BIO LaunchpadFunding science (IP-Token launches)Consumer product launches with significant revenueConducting decentralized clinical trials
Rewards can also flow directly to users of bioDAO products, incentivizing biohackers to perform activities like:
Contributing to clinical trials or self-reporting health dataUsing bioDAO products (Follistatin, Vitarna, cybernetic implants, etc.)Buying bioDAO products in online/offline stores
IP Tokens
Intellectual Property Tokens ("IP-Tokens" or "IPTs"), pioneered by Molecule AG, represent fractional governance rights over the intellectual property (IP) generated. These tokens give holders opportunity to participate directly in the development, decision-making, and future directions of the research.
BioDAOs & IPTs
BioDAOs develop and acquire ownership in IP-Tokens. Each BioDAO typically holds a portfolio of IP-Tokens representing intellectual property related to the BioDAO's specific area of scientific research. VitaDAO, for instance, developed and owns stakes in the IPTs VitaRNA and VITA-FAST.
Ecosystem
BIO is a network of bioDAOs that each specialize in developing research and products in a specific scientific field, such as longevity science (VitaDAO), brain health (CerebrumDAO) and synthetic biology (ValleyDAO).
The bioDAOs listed in the table below were either incubated by or closely affiliated with the bio.xyz ecosystem, and as such are expected to play an active role in the future development and governance of the BIO protocol.
BIO Token
BIO is the native governance token of the BIO protocol. BIO may be used by holders to:
Signal which bioDAOs to support (curation)Vote on future BIO issuance or distribution; andImplement accelerator programs for the development of the network
The BIO token provides holders with access to:
Governance rights in network bioDAOsEarly bioDAO funding roundsFinancial rewards for health data contributions & clinical trial participationNew health products funded by bioDAOs
The BIO token was issued by Bio.xyz Association, a not-for-profit organization that serves as legal steward of the BIO infrastructure and treasury.
BIO token contract: 0xcb1592591996765Ec0eFc1f92599A19767ee5ffAvBIO (vesting BIO) token contract: 0x0d2ADB4Af57cdac02d553e7601456739857D2eF4
Bionomics
Initial Distribution
Total Supply: 3,320,000,000
BIO Token Status: Non-transferrable
Max Supply: Uncapped supply, to be voted on by BIO governance.
New BIO can be minted for future protocol or network growth. This requires deploying a new token contract to replace the current BIO token.
BIO Allocation at Genesis
BIO's total supply at Genesis will be split across eight categories described in the chart and table below.
Community: 56%Community Auction: 20%Community Airdrop: 6%Ecosystem Incentives: 25%Molecule Ecosystem Fund: 5%Investors: 13.6%Core Contributors: 21.2%Advisors: 4.2%Molecule: 5%
Unlocked BIO Supply Schedules
Unlocked supply differs from circulating supply, this is the total supply that is unlocked and can be used, but not necessarily deployed.
Circulating Supply Distribution in the first 3 years
Given the 6 year vesting schedules of core team and investors, the following section gives a break down of the circulating supply distribution at the end of the first 3 years. This excludes any community directed inflation.
Inflation
BIO inflation plays a role in the secondary market liquidity function of the protocol, and therefore only inflates as the network of bioDAOs grow. Specific details on the inflation rate is TBD.
BIO Token Utility
BIO is a governance utility token for the governance of the BIO protocol.
BIO protocol governance may include decisions on:
Curation of BioDAOs joining the BIO NetworkTerms for participation in BioDAOs and their IP token salesSupport for and discounts on BioDAO health products/servicesMeta-governance within member BioDAOsBIO emissions, treasury allocations, and BIO protocol upgrades
BIO Value Accrual
The BIO treasury accrues value through a variety of mechanisms, including:
Token Allocations
BIO Network provides incubated BioDAOs with a $100,000 grant in exchange for 6.9% of the BioDAO’s token supply. These token allocation accrue in the BIO Treasury, growing protocol AUM as the network underlying DAOs rise in the value. The BIO treasury can also receive allocations of bioDAO scientific IP assets.
Protocol-Owned Liquidity (POL)
The BIO treasury accrues fees and yields from its onchain liquidity in BIO tokens, BioDAO tokens, IP tokens, ETH, and other assets, building POL.
BIO Genesis (Token Launch)
The design for BIO Genesis 2 was voted on by BIO governance in BIOPSY-10. BIO Genesis is designed to seed the network with liquidity and generate a diversified treasury for the protocol that can be used to support funding, liquidity, governance and incentives for BioDAOs in the network.
The details for BIO Genesis 1 can be found in BIOPSY-7.
BIO Airdrop
You can check eligibility and claim the BIO Airdrop here: https://claim.bio.xyz
Full details of the BIO Airdrop can be found in BIOPSY-3.
Details:
3% of BIO supply airdropped>8,500 addresses qualifiedThe snapshot for the aidrop was taken on April 1, 2024Users claim vBIO (vested BIO) that is immediately redeemable for $BIOThe $BIO token is non-transferrable until governance votes to unlock it.
Eligibility Criteria:
Placed bids in bioDAO* auctionsHeld >$100 of bioDAO tokens before April 1, 2024Provided liquidity for bioDAO tokensActively participated in bioDAO DiscordsCore contributor at a bioDAODonate to DeSci projects on Gitcoin (Round 15, 17 & Hyper DeSci were included with minimum of $50 total donations)
The airdrop is fully vested upon claiming. The BIO token is currently non-transferable. For technical reasons, we distribute all tokens through the vBIO contract. Airdrop recipients may convert their vBIO into BIO at any time, although there is no practical reason to do so until BIO becomes transferable, as determined by a governance vote.
bioGenesis Airdrop
There was also a small airdrop, amounting to 1% of the total supply, allocated to the initial BIO core community which consists of individuals who have contributed to building and participating in the program over its first 2 years. The terms for this airdrop include a 1-year cliff followed by a 6-year vesting period, managed through the vBIO contract.
BIO Launchpool Details:
Token Name: BIO Protocol (BIO)Max Token Supply: 3,320,000,000 BIO (dynamic, may increase via network governance) Total Genesis Token Supply: 3,320,000,000 BIO Launchpool Token Rewards: 99,600,000 BIO (3% of total genesis token supply)Initial Circulating Supply When Listed on Binance Spot: 1,296,529,168 BIO (39.05% of total genesis token supply)Research Report: BIO Protocol (BIO)
Hourly Hard Cap per User: 35,275 BIO in BNB pool6,225 BIO in FDUSD pool
Supported Pools:
Lock BNB (webpage will be available in around 12 hours): 84,660,000 BIO in rewards (85%) Lock FDUSD (webpage will be available in around 12 hours): 14,940,000 BIO in rewards (15%)Farming Period: 2024-12-24 00:00 (UTC) to 2025-01-02 23:59 (UTC).
Instructions for Staking BNB and FDUSD to join Launchpool
Learn more: Binance Announcements
Advisors
Meet the BIO Team
Investor
Ecosystem
Project Links
WebsiteXWhitepaper
#Binance #BinanceLaunchpoolBIO #wendy $BNB $FDUSD
See original
Pulling the Plate
Quoted content has been removed
yes
🏖️🏖️Today the increase of $FTT is largely due to:
Market speculation about SBF, possibly being released!
Because Musk replied to related tweets!
🤔🤔If SBF is released, which tokens will benefit and which will be negatively affected?
$SOL is the ecosystem that SBF once strongly supported, and there are many projects he invested in.
There will be an expectation! It's worth paying attention to!
#圣诞行情分析
🧧Red envelope password: YES
Market speculation about SBF, possibly being released!
Because Musk replied to related tweets!
🤔🤔If SBF is released, which tokens will benefit and which will be negatively affected?
$SOL is the ecosystem that SBF once strongly supported, and there are many projects he invested in.
There will be an expectation! It's worth paying attention to!
#圣诞行情分析
🧧Red envelope password: YES
See original
was
Those who often pay attention to me know that during the golden September and silver October, while everyone was bearish, I firmly remained bullish. The bottom recommendation of Zen at 7 dollars can be seen in my past public strategies; those bottom recommendations have multiplied several times. Dydx and Zen, Zen is Grayscale's favorite child. In the blockchain ecosystem, Horizen (ZEN) has become a highly regarded project due to its unique architectural design and strong technical support. This article will analyze from a professional perspective the division of labor between Horizen's main chain and side chains, as well as its token economics and practical application cases to help readers fully understand this innovative platform.
Overview of the Main Chain: Horizen's main chain integrates various advanced technologies, including Proof of Work (POW), Zero-Knowledge Proofs (Zk-SNARK), anti-51% attack mechanisms, smart contracts (for side chain integration), decentralized autonomous organizations (DAO), and a vast network composed of over 42,000 nodes. The main chain's core goal is to provide a simple and secure P2P value transfer and storage layer, utilizing the native token ZEN to serve the Horizen ecosystem and provide the necessary infrastructure support for side chain operations. The main chain's key functions include: - Secure Value Transfer: Ensuring the security and reliability of P2P transactions. - Native Token ZEN: Serving as the core of the ecosystem, supporting various services and operations. - Infrastructure Support: Providing a solid technical foundation for the development of side chains. Side Chain: The Infinitely Scalable Zendoo: Horizen's side chain architecture is called Zendoo, which boasts high scalability and flexibility. Each side chain has its own independent consensus mechanism, encryption algorithms, logic, and data rules, ensuring its autonomy and security. Efficient cross-chain transfer of ZEN coins can be achieved between the main chain and side chains, addressing the scalability issue of blockchain. Advantages of Side Chains: - Highly Decentralized: Independent consensus mechanisms and encryption algorithms. - Developer Friendly: Provides the ZEN side chain software development kit (SDK), simplifying the development process. Developers do not need to build a blockchain from scratch and can focus on application logic and data. Built-in zero-knowledge encryption tools are especially suitable for industries requiring strict privacy protection, such as healthcare and consumer data. ZEN Token Economics: The total supply of ZEN tokens is the same as Bitcoin, at 21 million, halving every four years. No longer a privacy coin is a great benefit; one can gradually build a position below ten dollars.
Overview of the Main Chain: Horizen's main chain integrates various advanced technologies, including Proof of Work (POW), Zero-Knowledge Proofs (Zk-SNARK), anti-51% attack mechanisms, smart contracts (for side chain integration), decentralized autonomous organizations (DAO), and a vast network composed of over 42,000 nodes. The main chain's core goal is to provide a simple and secure P2P value transfer and storage layer, utilizing the native token ZEN to serve the Horizen ecosystem and provide the necessary infrastructure support for side chain operations. The main chain's key functions include: - Secure Value Transfer: Ensuring the security and reliability of P2P transactions. - Native Token ZEN: Serving as the core of the ecosystem, supporting various services and operations. - Infrastructure Support: Providing a solid technical foundation for the development of side chains. Side Chain: The Infinitely Scalable Zendoo: Horizen's side chain architecture is called Zendoo, which boasts high scalability and flexibility. Each side chain has its own independent consensus mechanism, encryption algorithms, logic, and data rules, ensuring its autonomy and security. Efficient cross-chain transfer of ZEN coins can be achieved between the main chain and side chains, addressing the scalability issue of blockchain. Advantages of Side Chains: - Highly Decentralized: Independent consensus mechanisms and encryption algorithms. - Developer Friendly: Provides the ZEN side chain software development kit (SDK), simplifying the development process. Developers do not need to build a blockchain from scratch and can focus on application logic and data. Built-in zero-knowledge encryption tools are especially suitable for industries requiring strict privacy protection, such as healthcare and consumer data. ZEN Token Economics: The total supply of ZEN tokens is the same as Bitcoin, at 21 million, halving every four years. No longer a privacy coin is a great benefit; one can gradually build a position below ten dollars.
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Those who often pay attention to me know that during the golden September and silver October, while everyone was bearish, I firmly remained bullish. The bottom recommendation of Zen at 7 dollars can be seen in my past public strategies; those bottom recommendations have multiplied several times. Dydx and Zen, Zen is Grayscale's favorite child. In the blockchain ecosystem, Horizen (ZEN) has become a highly regarded project due to its unique architectural design and strong technical support. This article will analyze from a professional perspective the division of labor between Horizen's main chain and side chains, as well as its token economics and practical application cases to help readers fully understand this innovative platform.
Overview of the Main Chain: Horizen's main chain integrates various advanced technologies, including Proof of Work (POW), Zero-Knowledge Proofs (Zk-SNARK), anti-51% attack mechanisms, smart contracts (for side chain integration), decentralized autonomous organizations (DAO), and a vast network composed of over 42,000 nodes. The main chain's core goal is to provide a simple and secure P2P value transfer and storage layer, utilizing the native token ZEN to serve the Horizen ecosystem and provide the necessary infrastructure support for side chain operations. The main chain's key functions include: - Secure Value Transfer: Ensuring the security and reliability of P2P transactions. - Native Token ZEN: Serving as the core of the ecosystem, supporting various services and operations. - Infrastructure Support: Providing a solid technical foundation for the development of side chains. Side Chain: The Infinitely Scalable Zendoo: Horizen's side chain architecture is called Zendoo, which boasts high scalability and flexibility. Each side chain has its own independent consensus mechanism, encryption algorithms, logic, and data rules, ensuring its autonomy and security. Efficient cross-chain transfer of ZEN coins can be achieved between the main chain and side chains, addressing the scalability issue of blockchain. Advantages of Side Chains: - Highly Decentralized: Independent consensus mechanisms and encryption algorithms. - Developer Friendly: Provides the ZEN side chain software development kit (SDK), simplifying the development process. Developers do not need to build a blockchain from scratch and can focus on application logic and data. Built-in zero-knowledge encryption tools are especially suitable for industries requiring strict privacy protection, such as healthcare and consumer data. ZEN Token Economics: The total supply of ZEN tokens is the same as Bitcoin, at 21 million, halving every four years. No longer a privacy coin is a great benefit; one can gradually build a position below ten dollars.
Overview of the Main Chain: Horizen's main chain integrates various advanced technologies, including Proof of Work (POW), Zero-Knowledge Proofs (Zk-SNARK), anti-51% attack mechanisms, smart contracts (for side chain integration), decentralized autonomous organizations (DAO), and a vast network composed of over 42,000 nodes. The main chain's core goal is to provide a simple and secure P2P value transfer and storage layer, utilizing the native token ZEN to serve the Horizen ecosystem and provide the necessary infrastructure support for side chain operations. The main chain's key functions include: - Secure Value Transfer: Ensuring the security and reliability of P2P transactions. - Native Token ZEN: Serving as the core of the ecosystem, supporting various services and operations. - Infrastructure Support: Providing a solid technical foundation for the development of side chains. Side Chain: The Infinitely Scalable Zendoo: Horizen's side chain architecture is called Zendoo, which boasts high scalability and flexibility. Each side chain has its own independent consensus mechanism, encryption algorithms, logic, and data rules, ensuring its autonomy and security. Efficient cross-chain transfer of ZEN coins can be achieved between the main chain and side chains, addressing the scalability issue of blockchain. Advantages of Side Chains: - Highly Decentralized: Independent consensus mechanisms and encryption algorithms. - Developer Friendly: Provides the ZEN side chain software development kit (SDK), simplifying the development process. Developers do not need to build a blockchain from scratch and can focus on application logic and data. Built-in zero-knowledge encryption tools are especially suitable for industries requiring strict privacy protection, such as healthcare and consumer data. ZEN Token Economics: The total supply of ZEN tokens is the same as Bitcoin, at 21 million, halving every four years. No longer a privacy coin is a great benefit; one can gradually build a position below ten dollars.