đ„đš Binance has introduced Bio Protocol (BIO) as the 63rd project on its Launchpool platform. đ„đ
Bio Protocol is a decentralized science (DeSci) management and liquidity protocol aimed at transforming scientific research funding and collaboration.
Key Details:
Farming Period: Users can farm BIO tokens by staking BNB and FDUSD from December 24, 2024, 00:00 (UTC) to January 2, 2025, 23:59 (UTC).
Token Rewards: A total of 99.6 million BIO tokens (3% of the genesis token supply) are allocated as rewards.
Supported Pools:
$BNB Pool: 84.66 million BIO tokens (85% of total rewards)
$FDUSD Pool: 14.94 million BIO tokens (15% of total rewards)
Daily Reward Distribution:
Total: 9.96 million BIO tokens
BNB Pool: 8.466 million BIO tokens
FDUSD Pool: 1.494 million BIO tokens
Token Listing: Binance will list BIO on January 3, 2025, at 10:00 (UTC), with trading pairs are,
BIO/USDT,
BIO/BNB,
BIO/FDUSD,
BIO/TRY.
Initial Circulating Supply: Approximately 1.296 billion BIO tokens, representing 39.05% of the total genesis supply.
Participation Requirements:
Users must complete Binance KYC to participate.
Hourly Hard Cap per User:
BNB Pool: 35,275 BIO tokens
FDUSD Pool: 6,225 BIO tokens
Conclusion:
Bio Protocol aims to address critical gaps in scientific funding by leveraging decentralized finance mechanisms, thereby reshaping the future of decentralized research and collaboration.
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