Binance has introduced BIO Protocol ($BIO) as the latest project on its Launchpool. This decentralized science (DeSci) initiative is set to revolutionize biotechnology by empowering patient, scientist, and biotech expert communities to collectively fund and develop tokenized biotech projects and intellectual property.

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BIO Launchpool Campaign Details

The BIO Protocol Launchpool campaign allows users to stake BNB or FDUSD to earn $BIO tokens until January 2, 2024. Rewards are distributed based on the size of the user's stake in relation to the total pool.

Reward Distribution 💰

🔸Total Rewards : 3% of BIO's total supply (99.6M tokens).

🔸BNB Stakers : Receive 85% of the rewards.

🔸FDUSD Stakers : Receive 15% of the rewards.

Hourly Reward Caps ⏱️

  • BNB Stakers : 35,275 BIO/hour.

  • FDUSD Stakers : 6,225 BIO/hour.

🚫Note: Staked tokens can be withdrawn anytime without losing accrued rewards.

Listing Information 📅

- BIO Protocol will officially list on Binance on January 3, 2024.

Price Predictions 📈

With a constant circulating supply, potential price estimates for BIO include:

  1. $0.2 at a $250M market cap.

  2. $0.4 at a $500M market cap.

  3. $0.8 at a $1B market cap.

What is BIO Protocol? 🧬

BIO Protocol is a decentralized platform advancing biotechnology through collective funding and decentralized mechanisms. It enables communities to contribute to the development of innovative biotech projects while providing liquidity and access to a global scientific network.

This initiative is backed by the creators of Molecule and VitaDAO, aiming to drive innovation in biomedicine.

Key DeSci DAOs within BIO Protocol🌐

  • BIO Protocol incorporates several DAOs, each focusing on specific scientific areas:

  • VitaDAO : Specializes in longevity science, collaborating with Pfizer and Newcastle University.

  • HairDAO : Develops hair-loss solutions, including patents and products like Follicool.

  • CerebrumDAO : Targets neurodegenerative diseases with $1.5M raised.

  • ValleyDAO : Focuses on synthetic biology, partnering with Imperial College London.

  • AthenaDAO : Promotes women's health research, funding $500K in R&D.

  • CryoDAO : Works in cryobiology with $3M raised, collaborating with Oxford Cryo Technology.

  • PsyDAO: Researches psychedelic drugs and clinical trials.

Conclusion✨

BIO Protocol is paving the way for decentralized scientific advancements. With its introduction on Binance Launchpool, users have an exciting opportunity to support and earn from this groundbreaking initiative.

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