Binance Launchpool has announced Bio Protocol (BIO), a groundbreaking decentralized science (DeSci) initiative designed to accelerate the integration of capital and talent into on-chain science. You can earn this token for free by staking supported cryptocurrencies like BNB and FDUSD to earn rewards
What is BIO Protocol?
BIO is a curation and liquidity protocol for Decentralized Science (DeSci). Our mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech projects and intellectual property (IP).
Below are the key details of the BIO Launchpool:
Token Distribution
Total Supply: 3,320,000,000 BIO tokens
Initial Circulating Supply: 1,296,529,168 BIO tokens (approximately 39.05% of the total genesis token supply)
Allocation:
Ecosystem and community: 56%
Early contributors: 25.4%
Early supporters: 18.6%
Token details:
Ticker: BIO
Blockchain: Ethereum
Type: Utility, Governance (ERC-20)
Total Supply: 3,320,000,000 BIO
Circulating Supply: 1,296,529,168 BIO
Binance Launchpool Token Rewards: 99,600,000 BIO (3% of total genesis token supply
Farming Period
Start Date: December 24, 2024, at 08:00 UTC+8
End Date: January 2, 2025
Users can farm BIO tokens by staking BNB and FDUSD in dedicated farming pools.
Rewards
3% of the total BIO token supply will be distributed as rewards during the farming period.
Maximum Daily Distribution:
9,960,000 BIO tokens:
8,466,000 for the BNB pool
1,494,000 for the FDUSD pool
As participation increases, individual rewards will proportionally decrease.
Participation Guidelines
Go to Binance: Ensure you have a verified Binance account.
Go to Launchpool: Navigate to the Binance Launchpool section.
Select a Pool: Choose between BNB or FDUSD staking options.
Stake Your Tokens: Enter the amount of BNB or FDUSD you want to stake.
Start Earning BIO: Watch your rewards accumulate daily.
Important Note: BIO token trading opens on January 3, 2025, at 10:00 UTC.
Why Stake on Binance Launchpool?
Zero Transaction Fees: Farming on Binance Launchpool is free of transaction costs.
Flexible Staking: Users can unstake their tokens at any time, providing liquidity and flexibility.
Secure Platform: Binance ensures top-notch security and transparency for all stakers.
Early Access to Promising Projects: Gain exposure to innovative blockchain projects like BIO Protocol before their wider adoption.
Listing Details
BIO tokens will be listed on Binance on January 3, 2025, at 18:00 UTC+8.
Trading Pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY.
Disclaimer
This information is provided for educational purposes only and should not be construed as financial advice. Always conduct your own research before making investment decisions.
Don't miss the opportunity to dive into the future of decentralized science with Bio Protocol!