Binance Announces IO.NET (IO), the 55th Project on Binance Launchpool$

Binance has announced the 55th project on Binance Launchpool – IO.NET (IO), a decentralized cloud and AI computing platform. The website is expected to be available five hours before the Launchpool begins.

Users can stake their BNB and FDUSD into separate pools to farm IO tokens for four days, with the farming period starting on June 7, 2024, at 00:00 (UTC).

Listing Binance will list IO at 12:00 (UTC) on June 11, 2024, and open trading with pairs IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. Seed tags will apply to IO.

IO Launchpool Details

Token Name: IO.NET (IO)

Total Token Supply at Genesis: 500,000,000 IO

Maximum Token Supply: 800,000,000 IO

Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)

Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)

Smart Contract Details: Solana

Staking Terms: KYC required

Hourly Hard Cap per User:

17,708.33 IO in the BNB pool

3,125 IO in the FDUSD pool