IO.NET (IO) Listing on Binance Launchpool:
IO.NET, a decentralized physical infrastructure network, has announced that its native token, $IO, will launch on the world’s leading crypto exchange, Binance
Users can participate in IO farming on Binance Launchpool by staking BNB or FDUSD into separate pools. The farming period will run for four days, during which 4% of the total $IO supply (20 million tokens) will be available to earn. Specifically, 17 million $IO has been allocated for the BNB pool, and 3 million $IO for the FDUSD pool1.
After the farming period, Binance will list the $IO token on June 11 at 12:00 UTC with the following trading pairs: IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY1.
Upon listing, 95 million $IO, comprising 19% of the total supply, will be unlocked and available to the public1.
IO.NET’s Mission and Features:
IO.NET aims to democratize access to GPU compute capacity while reducing costs and expanding choices for businesses and developers. It deploys and manages on-demand decentralized GPU clusters from geo-distributed sources
The $IO token is also used to govern the network, empowering token-holders to make decisions benefiting the protocol and its stakeholders
With a fixed supply of 800 million, $IO will be emitted gradually for suppliers and stakers contributing to io.net’s decentralized network for AI compute. Rewards will be distributed over 20 years with a disinflationary model
Partnership with Binance:
In collaboration with Binance Launchpool, io.net aims to increase the distribution of $IO to a larger community, driving decentralization for the network
IO.NET’s vision of revolutionizing the industry of AI computing through the introduction of the Internet of GPUs (IOG) positions it as a significant player in the evolving landscape of decentralized infrastructure. Exciting times ahead!
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