Binance, the world's leading cryptocurrency exchange, has unveiled Bio Protocol (BIO) as the 63rd project on its Launchpool platform. This groundbreaking collaboration bridges blockchain technology and biotechnology, allowing users to stake tokens, earn BIO rewards, and support advancements in decentralized science (DeSci).
Farming BIO on Binance Launchpool
The farming period for Bio Protocol on Binance Launchpool runs until January 2, 2024, offering users a chance to participate in this innovative initiative.
Farming Details:
Staking Assets: Binance Coin (BNB) and FDUSD stablecoins
Withdrawals: Tokens can be unstaked anytime without stopping reward accrual
Reward Allocation:
BNB stakers: 85% of total rewards
FDUSD stakers: 15% of total rewards
Hourly Limits:
BNB Pool: 35,275 BIO per hour
FDUSD Pool: 6,225 BIO per hour
Total Allocation: 3% of BIO’s total supply (99.6 million tokens)
What is Bio Protocol (BIO)?
Bio Protocol leads the Decentralized Science movement by creating a platform where patients, scientists, and biotech professionals collaborate to fund, develop, and tokenize intellectual property (IP) in biotechnology.
Why BIO Stands Out:
Proven Expertise: The team behind Bio Protocol has launched successful platforms like Molecule (biomedicine tokenization) and VitaDAO (longevity research).
Robust Ecosystem: BIO token holders gain access to tokenized biotech projects, decentralized research opportunities, and a global scientific community.
The BioDAO Network: A Biotech Powerhouse
Bio Protocol operates through seven specialized BioDAOs, each addressing distinct biotech areas:
1. VitaDAO: Focuses on longevity research with partners like Pfizer and Balaji Srinivasan.
2. HairDAO: Drives innovation in hair loss research and product development.
3. CerebrumDAO: Tackles neurodegenerative diseases, raising over $1.5 million.
4. ValleyDAO: Advances synthetic biology in collaboration with Imperial College London.
5. AthenaDAO: Invests in women’s health research with $500,000 in funding.
6. CryoDAO: Pioneers cryobiology advancements with Oxford Cryo Technology.
7. PsyDAO: Supports psychedelic research through the OPSY platform.
BIO’s Vision for 2025
Bio Protocol has outlined an ambitious roadmap to expand its influence across blockchain and biotech sectors:
Token Generation Event (TGE): Launching on the Ethereum mainnet on January 3, 2024.
Blockchain Expansion: BIO will integrate with Solana and Base networks.
New BioDAOs: Additional DAOs will cover emerging biotech fields.
Liquidity Pools: BIO/BioDAO pools to enhance token usability.
BIO Launchpad: A decentralized platform to fund new biotech projects.
With over $70 million in funding, Bio Protocol is positioned to revolutionize decentralized biotech research.
How to Stake and Earn BIO on Binance Launchpool
Follow these simple steps to participate:
1. Verify your Binance account to meet platform requirements.
2. Deposit BNB or FDUSD into your account.
3. Access Launchpool:
Go to Binance, navigate to the “More” section, and select “Launchpool.”
Choose either the BNB or FDUSD Pool.
4. Stake and Earn: Stake your tokens and start earning BIO rewards instantly.
Biotech Meets Blockchain
The integration of Bio Protocol with Binance Launchpool marks a transformative milestone for decentralized science. This partnership not only empowers scientific innovation but also provides Binance users a unique opportunity to invest in the future of biotechnology.
Bio Protocol will officially list on Binance on January 3, 2024, heralding a new era for decentralized science and biotech innovation.