Binance Launchpool Unveils Bio Protocol (BIO): Commence Farming on December 24, 2024

Binance Launchpool Welcomes Bio Protocol (BIO): The Future of Decentralized Science

In a significant move towards fostering innovation in the DeFi landscape, Binance has announced the addition of Bio Protocol (BIO) as its 63rd project on Binance Launchpool. Set to revolutionize the concept of Decentralized Science (DeSci), this new token offers exciting opportunities for users to engage in farming. Starting from December 24, 2024, users can lock their BNB and FDUSD to farm BIO tokens, effectively contributing to a broader science ecosystem.

Launchpool Token Farming Details

The farming period for BIO tokens will extend from December 24, 2024, 00:00 (UTC) to January 2, 2025, 23:59 (UTC), during which users will have the chance to earn a total of 99,600,000 BIO, representing 3% of the total genesis token supply. Here’s a breakdown of the farming reward distribution:

• Pool for Locking BNB: 84,660,000 BIO rewards (85% of total rewards)
• Pool for Locking FDUSD: 14,940,000 BIO rewards (15% of total rewards)

Daily Distribution of Rewards

The total daily reward distribution will amount to 9,960,000 BIO. Users locking BNB can expect to receive 8,466,000 BIO daily, while those locking FDUSD will receive 1,494,000 BIO.

Token Listing and Trading Details

Following the farming period, Bio Protocol (BIO) is set to hit the trading floor on January 3, 2025, at 10:00 (UTC). Users can trade BIO across multiple pairs including:

• BIO/USDT
• BIO/BNB
• BIO/FDUSD
• BIO/TRY

The initial circulating supply will stand at 1,296,529,168 BIO, which is approximately 39.05% of the total genesis supply.

More About Bio Protocol (BIO)

Bio Protocol aims to create a curation and liquidity protocol targeted towards enhancing the Decentralized Science domain. Here are some essential details about BIO:

• Token Name: Bio Protocol (BIO)
• Max Supply: 3,320,000,000 BIO (subject to governance changes)
• Network: Ethereum
• Contract Address: 0xcb1592591996765Ec0eFc1f92599A19767ee5ffA

Farming Participation Guidelines

To participate in the farming of BIO tokens, users must complete Binance KYC verification. Here’s the hourly hard cap per user for each pool:

• BNB Pool: 35,275 BIO
• FDUSD Pool: 6,225 BIO

Key Reminders

Binance users should be on the lookout for additional information. Web pages detailing the BNB and FDUSD pools, along with a comprehensive BIO research report, will be published approximately 12 hours following this announcement. Furthermore, users are warned against falling for any false advertising regarding the availability of BIO tokens prior to Binance’s official listing on January 3, 2025.

Conclusion

As the launch of Bio Protocol (BIO) approaches, the community eagerly anticipates its potential impact on the decentralized science sector. By utilizing Binance's Launchpool, users can actively engage in this innovative venture, paving the way for advancements in scientific collaboration and funding. Don't miss your chance to be part of this trailblazing opportunity!