Binance, a global leader in cryptocurrency trading, has announced its 63rd Launchpool project: Bio Protocol (BIO). This groundbreaking initiative leverages decentralized technologies to advance the Decentralized Science (DeSci) movement. Acting as a blockchain-powered hub for scientific collaboration and funding, Bio Protocol aims to make scientific research more accessible, transparent, and efficient.
Farm BIO Tokens on Binance Launchpool
Starting December 24, 2024, at 00:00 (UTC), Binance users can earn BIO tokens by staking BNB or FDUSD. The farming event will last for 10 days, ending on January 2, 2025, at 23:59 (UTC).
A total of 100 million BIO tokens—equivalent to 3% of the total token supply—will be distributed as rewards. The allocation is divided between two pools:
BNB Pool: 85% of rewards (85 million BIO tokens).
FDUSD Pool: 15% of rewards (15 million BIO tokens).
Daily distributions include 10 million BIO tokens, with 8.5 million for the BNB pool and 1.5 million for the FDUSD pool. To maintain fair distribution, an hourly cap limits users to:
35,000 BIO tokens/hour in the BNB pool.
6,500 BIO tokens/hour in the FDUSD pool.
BIO Token Trading Pairs and Launch
After the farming phase ends, Binance will open trading for BIO tokens starting January 3, 2025, at 10:00 (UTC). Available trading pairs include:
BIO/USDT
BIO/BNB
BIO/FDUSD
BIO/TRY
At launch, the circulating supply of BIO tokens is projected to be 1.3 billion, representing approximately 40% of the total token supply.
About Bio Protocol
Bio Protocol is a blockchain-based platform designed to revolutionize scientific research and funding. Operating in the Decentralized Science (DeSci) space, it connects researchers globally, offering resources and collaboration opportunities in a decentralized and transparent manner. By removing traditional barriers, Bio Protocol strives to bring efficiency and equity to the global scientific community.
BIO Tokenomics
The total supply of BIO tokens is capped at 3.3 billion. Allocation is as follows:
56% for community-building and ecosystem development, ensuring a community-driven approach and sustainable growth.
Join Binance Launchpool and Support Decentralized Science
Binance’s latest Launchpool project, Bio Protocol, provides an exciting opportunity to earn rewards while supporting innovative scientific research. Don’t miss this chance to participate in the farming event and explore the potential of decentralized technolo
gies in advancing science.
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