### ⭐⭐⭐ Binance Launches 55th Project: IO.NET (IO)
**Key Points:**
- **Project:** IO.NET, a decentralized AI computing and cloud platform.
- **Staking:** Stake BNB and FDUSD to farm IO tokens.
- **Farming Period:** June 7, 00:00 (UTC) to June 11, 12:00 (UTC).
- **Trading Pairs:** IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, IO/TRY.
**Details:**
- **Total Token Supply at Genesis:** 500,000,000 IO
- **Launchpool Rewards:** 20,000,000 IO (4% of total supply at Genesis)
- **Initial Circulating Supply:** 95,000,000 IO (19% of total supply at Genesis)
- **Staking Terms:** KYC required
- **Hourly Hard Cap per User:** 17,708.33 IO in BNB pool, 3,125 IO in FDUSD pool
**About IO.NET:**
- World's largest decentralized computing network.
- Offers scalable distributed clusters for machine learning at a fraction of centralized system costs.
- Aims for a network with one million GPUs.
- Collaborating with Aptos for blockchain transparency in AI.
