Bio Protocol (BIO) is the 63rd project introduced on Binance Launchpool, focusing on integrating blockchain technology with biotechnology to advance decentralized science (DeSci).
Launchpool Details:
Staking Period: Active until January 2, 2024.
Staking Options: Users can stake BNB or FDUSD to earn BIO tokens.
Reward Distribution:
Total rewards constitute 3% of BIO’s total supply (99.6 million tokens).
BNB stakers receive 85% of the rewards.
FDUSD stakers receive 15% of the rewards.
Hourly Reward Caps:
BNB Pool: 35,275 BIO per hour.
FDUSD Pool: 6,225 BIO per hour.
Staked tokens can be withdrawn at any time without forfeiting rewards.
Token Listing:
Listing Date: BIO is scheduled to be listed on Binance on January 3, 2025.
About Bio Protocol:
Bio Protocol is a decentralized platform aimed at revolutionizing biotechnology by enabling communities of patients, scientists, and biotech experts to collaboratively fund and develop tokenized biotech projects and intellectual property. It is developed by the creators of Molecule and VitaDAO, aiming to drive innovation in biomedicine through decentralized funding and liquidity mechanisms.
Key Decentralized Autonomous Organizations (DAOs) within Bio Protocol:
VitaDAO: Focuses on longevity science; has raised $5 million and collaborates with Pfizer and Newcastle University.
HairDAO: Develops hair-loss solutions, including patents and products like Follicool.
CerebrumDAO: Addresses neurodegenerative diseases; has raised $1.5 million.
ValleyDAO: Specializes in synthetic biology; collaborates with Imperial College London.
AthenaDAO: Promotes women’s health research; has funded $500,000 in R&D.
CryoDAO: Works in cryobiology; has raised $3 million and collaborates with Oxford Cryo Technology.
PsyDAO: Focuses on psychedelic drug research and trials.
Market Information:
As of December 28, 2024, the live price of Bio Protocol is $0 per BIO, with a circulating supply of 1.30 billion BIO, resulting in a market cap of $0. The 24-hour trading volume is currently unavailable.