Binance has announced the launch of the 63rd project on its Launchpool platform, Bio Protocol (BIO). BIO is a decentralized scientific (DeSci) project that aims to transform the funding and execution of scientific research through an open and peer-reviewed protocol platform.
Launchpool details:
Farming period: from December 24, 2024, 00:00 (UTC) to January 2, 2025, 23:59 (UTC).
Available pools:
$BNB Pool: users can stake BNB to earn BIO.
$FDUSD Pool: users can stake FDUSD to earn BIO.
Total reward volume: 99,600,000 BIO, which is 3% of the total token supply.
Upcoming listing:
After the farming period ends, the BIO token will be listed on Binance. Trading will start with pairs BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY.
Price forecast after listing:
Expectations regarding the price of BIO after listing vary. Some analysts, based on previous launches on Launchpool, suggest that the price may start in the range of $0.30–$0.50 per token. However, precise forecasts are difficult due to market volatility and the uniqueness of each project.
How to participate:
1. Log in to Binance: Make sure you have an account on the platform.
2. Stake BNB or FDUSD: Go to the Launchpool section and select the pool for staking.
3. Earn rewards: The accrual of BIO will begin immediately after staking and will continue throughout the farming period.
Risks and recommendations:
Participation in new projects always comes with risks. It is recommended to conduct your own research (DYOR) and invest only what you are willing to risk.
Don't miss the opportunity to be part of an innovative project in the field of decentralized science with Bio Protocol on Binance Launchpool!
