Binance is excited to announce the 55th project on Binance Launchpool - IO.NET (IO), a decentralized cloud and AI computing platform. The website is estimated to be available in 5 hours, before the Launchpool begins.

Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens for four days, with farming starting from 2024-06-07 00:00 (UTC).

List

Binance will then list the IO at 12:00 (UTC) on June 11, 2024 and open trading for IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY trading pairs. The seed tag will be applied to the IO.

Details of the IO launch group

Token name: IO.NET (IO)

Total token supply at Genesis: 500,000,000 IO

Maximum Token Supply: 800,000,000 IO

Launchpool Token Reward: 20,000,000 IO (4% of total token supply at Genesis)

Initial circulating supply: 95,000,000 IO (19% of total token supply at Genesis)

Smart contract details: Solana

Staking terms: KYC required

Hourly hard limit per user:

17,708.33 IO in BNB pool

3,125 IOs in FDUSD pool

Groups are supported

Stake BNB (site will be available in about 5 hours): 17,000,000 IO reward (85%)

FDUSD Staking (website will be available in about 5 hours): 3,000,000 IO reward (15%)

Farming period: 2024-06-07 00:00 (UTC) to 2024-06-10 23:59 (UTC).#binance $BTC $BNB