Binance, the leading cryptocurrency exchange, is excited to announce the 55th project on its Launchpool platform – IO.NET (IO), a decentralized AI computing and cloud solution. Users can now farm IO tokens by staking their BNB and FDUSD. Binance will be the first exchange to list IO, with trading scheduled to begin on June 11, 2024, at 12:00 UTC. Please be cautious of any claims offering the token for sale before this date, as they are not legitimate. Always conduct your own research to protect your investments.
Key Dates and Information
Launchpool Start: June 7, 2024, 00:00 UTC
Trading Start: June 11, 2024, 12:00 UTC
Trading Pairs: IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY
Token Details
Token Name: IO.NET (IO)
Total Initial Supply: 500,000,000 IO
Maximum Supply: 800,000,000 IO
Launchpool Rewards: 20,000,000 IO (4%)
Initial Circulation: 95,000,000 IO (19%)
Blockchain: Solana
Staking Terms
KYC Required
Hourly Hard Cap per User:
BNB Pool: 17,708.33 IO
FDUSD Pool: 3,125 IO
Supported Pools and Rewards
BNB Pool Total Rewards: 17,000,000 IO (85%)
FDUSD Pool Total Rewards: 3,000,000 IO (15%)
Farming Period and Rewards
Farming Period: June 7, 2024, 00:00 UTC to June 10, 2024, 23:59 UTC
Daily Rewards:
Total: 5,000,000 IO
BNB Pool: 4,250,000 IO
FDUSD Pool: 750,000 IO
Participation and Additional Information
Snapshots and Reward Updates: User balances and pool balances will be regularly recorded to calculate rewards, which can be claimed anytime.
Unstaking: Users can unstake their funds anytime without delay.
Auto-Transfer: After the farming period, staked tokens and unclaimed rewards will be automatically transferred to spot accounts.
BNB Vault and Locked Products: Users staking BNB in these products will automatically participate in the Launchpool.
Regional Restrictions: Participation is subject to eligibility based on the user's location.
More Information: Additional project details, including website, whitepaper, and social media links, will be available soon.
Join Binance Launchpool to farm IO tokens by staking your BNB and FDUSD!