BIO Protocol ($BIO) is the latest project on Binance Launchpool, offering users the opportunity to stake BNB or FDUSD to earn BIO tokens until January 2, 2024.
Launchpool Details:
Total Rewards: 3% of BIO’s total supply (99.6 million tokens)
Distribution:
BNB stakers receive 85% of the rewards
FDUSD stakers receive 15%
Hourly Reward Caps:
BNB stakers: 35,275 BIO/hour
FDUSD stakers: 6,225 BIO/hour
Staked tokens can be withdrawn anytime without losing rewards. BIO Protocol is scheduled to list on Binance on January 3, 2024.
About BIO Protocol:
BIO Protocol is a decentralized science (DeSci) platform focused on advancing biotechnology. It empowers communities of patients, scientists, and biotech experts to collectively fund and develop tokenized biotech projects and intellectual property. The platform incorporates several decentralized autonomous organizations (DAOs), each focused on specific areas of science, including VitaDAO (longevity science), HairDAO (hair-loss solutions), and CerebrumDAO (neurodegenerative diseases).
Price Predictions:
While exact future prices are speculative, some estimates based on market capitalization include:
$0.2 at a $250 million market cap
$0.4 at a $500 million market cap
$0.8 at a $1 billion market cap
These projections are based on the assumption of a constant circulating supply and are subject to market dynamics and investor sentiment.
How to Participate in the Launchpool:
1. Create and Verify a Binance Account: Only verified users can participate.
2. Fund Your Account: Deposit or purchase BNB/FDUSD.
3. Stake Tokens: Navigate to Binance’s “Launchpool” and stake in the BNB or FDUSD pool. Rewards are calculated hourly.
Participating in the BIO Launchpool offers a low-risk opportunity to earn rewards and diversify your portfolio. As always, conduct thorough research and consider market volatility before making investment decisions.