g Binance's 55th project, IO.NET (IO), on the Binance Launchpool, starting June 7, 2024, step by step:
1. Project Announcement 🎉
Project: IO.NET (IO)
Platform: Binance Launchpool
Project Number: 55th
Start Date June 7, 2024
2. Introduction to IO.NET 🌐
Description: IO.NET is a revolutionary project focusing on decentralized network infrastructure and data storage solutions.
3. Participation Overview 📈
Eligibility:
All Binance users can participate in the Launchpool.
Requirements:
Users must hold BNB, TUSD, or IO tokens to participate.
4. Staking Details 🏦
Staking Period:
From June 7, 2024
Tokens for Staking:
Binance Coin (BNB)
TrueUSD (TUSD)
IO.NET (IO)
Staking Pools:
BNB Pool: Stake BNB to earn IO
TUSD Pool: Stake TUSD to earn IO
IO Pool: Stake IO to earn more IO
5. Rewards Distribution 🏅
Reward Calculation:
Rewards are calculated based on the daily average balance of staked tokens.
Distribution Frequency: Daily
6. Key Dates 📅
Farming Period:
June 7, 2024 - July 7, 2024
Token Listing:
IO.NET (IO) will be listed on Binance on July 8, 2024.
7. Steps to Participate 🛠️
1. Log in:
Sign in to your Binance account.
2. Hold Tokens: Ensure you have BNB, TUSD, or IO tokens in your wallet.
3. Visit Launchpool:
Go to the Binance Launchpool section.
4. Select Pool:
Choose the BNB, TUSD, or IO pool.
5. Stake Tokens:
Stake the desired amount of tokens.
6. Earn Rewards:
Start earning IO rewards daily.
7. Monitor Rewards:
Check your earnings regularly on the Launchpool page.
8. Additional Information ℹ️
Tokenomics:
Detailed information on IO.NET's tokenomics is available on the Binance Launchpool page.
Risk Warning:
As with all investments, participating in the Launchpool carries risks. Ensure you understand these before participating.