Binance Launches IO.NET (IO) on Launchpool 🤑💰
Binance has announced the addition of IO.NET (IO), a decentralized AI computing and cloud platform, to its Launchpool. Starting on June 7, 2024, users can stake their BNB and FDUSD tokens to earn IO tokens over four days. This gives users a chance to participate in the growth of this new and innovative project.
After the farming period ends, IO tokens will be listed on Binance on June 11, 2024. Trading pairs will include IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. Notably, IO will be the first token to receive a seed label on the platform, highlighting its importance.
Key details include a total initial supply of 500 million IO tokens, with a maximum supply of 800 million. Users can earn rewards by staking their BNB and FDUSD tokens, with 17 million IO tokens available for BNB stakers and 3 million for FDUSD stakers. The smart contract for IO.NET runs on the Solana blockchain, and KYC is required to participate. This launchpool event offers a great opportunity for users to get involved and earn rewards.
