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Following the farming period, Binance will list IO at 12:00 UTC on June 11, 2024, and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. Key Details Token Name: IO.NET (IO) Total Token Supply at Genesis: 500,000,000 IO Max Token Supply: 800,000,000 IO Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis) Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis) Smart Contract Details: Solana Staking Terms: KYC required Read more about how to get IO – here. Terms & Conditions Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Tokens can only be staked in one pool at a time. Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately. Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool and receive new token rewards. Participation in Launchpool is subject to eligibility based on the user’s country or region of residence. Please refer to the instructions on the Launchpool page. About IO.NET (IO) IO.NET is a decentralized AI computing & cloud platform that aggregates GPU supply from underutilized sources to create a network for machine learning startups to access computing power at a reduced cost. #Binance200M #TopCoinsJune2024 #ETHETFsApproved #Metaverse #BnbAth

Following the farming period, Binance will list IO at 12:00 UTC on June 11, 2024, and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs.

Key Details

Token Name: IO.NET (IO)

Total Token Supply at Genesis: 500,000,000 IO

Max Token Supply: 800,000,000 IO

Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)

Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)

Smart Contract Details: Solana

Staking Terms: KYC required

Read more about how to get IO – here.

Terms & Conditions

Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour. Tokens can only be staked in one pool at a time. Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately. Binance BNB Vault and Locked Products will support the Launchpool.

Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool and receive new token rewards. Participation in Launchpool is subject to eligibility based on the user’s country or region of residence. Please refer to the instructions on the Launchpool page.

About IO.NET (IO)

IO.NET is a decentralized AI computing & cloud platform that aggregates GPU supply from underutilized sources to create a network for machine learning startups to access computing power at a reduced cost.

#Binance200M #TopCoinsJune2024 #ETHETFsApproved #Metaverse #BnbAth

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Binance Unveils New Token IO.NET on Its Launchpool Platform Binance, a leading global cryptocurrency exchange, has officially announced the addition of IO.NET (IO), a decentralized AI computing and cloud platform, to its Binance Launchpool. This marks the platform’s 55th project, allowing users to stake BNB and FDUSD to farm IO tokens. Starting June 7, 2024, at 00:00 UTC, Binance users can stake their BNB and FDUSD in separate pools to earn IO tokens over four days. This initiative is part of Binance’s ongoing efforts to bring innovative projects and rewarding opportunities to its user base. IO.NET introduces a total genesis token supply of 500 million IO, with a maximum supply cap set at 800 million IO. For the Launchpool, 20 million IO tokens (equivalent to 4% of the total initial supply) will be distributed as rewards to participants. The Launchpool will require participants to complete KYC verification, adhering to Binance’s security and regulatory compliance standards. The staking caps are set at 17,708.33 IO for the BNB pool and 3,125 IO for the FDUSD pool, calculated hourly. Supported Pools and Rewards Distribution The farming period is scheduled from June 7 to June 10, 2024, with daily rewards distributed across the BNB and FDUSD pools. Users can claim these rewards directly to their spot accounts anytime during the event. Following the staking period, Binance will list the IO token on June 11, 2024, at noon UTC. The trading pairs available at launch include IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. The Binance BNB Vault and Locked Products will integrate with the Launchpool, allowing users who have staked BNB in these products to participate and receive new token rewards automatically. This integration ensures users enjoy seamless benefits while engaging with multiple Binance services. Due to varying local rules and regulations, participation in the Launchpool is subject to eligibility based on the user’s country or region of residence. #Binance200M #TopCoinsJune2024 #ETHETFsApproved #BlackRock #BnbAth
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