Binance Launches 63rd Project on Launchpool

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Binance has announced the launch of BIO Protocol (BIO), a protocol specializing in coordination and liquidity for the Decentralized Science (DeSci) sector on the Launchpool platform.

Users on Binance can stake BNB and FDUSD to earn BIO tokens over a 10-day period, starting from 00:00 UTC on December 24, 2024.

Afterward, Binance will list BIO for trading at 10:00 UTC on January 3, 2025, with the following trading pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY. The BIO token will carry a Seed label.

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About BIO Protocol

BIO Protocol is a decentralized platform designed to drive innovation in the field of biotechnology through the DeSci model. The platform connects scientists, investors, and global communities to co-fund, develop, and own biological research projects.

Aiming to become a comprehensive ecosystem, BIO Protocol not only supports fundraising but also provides the necessary tools and resources for projects to thrive in a decentralized environment.

Details About BIO Launchpool

Maximum Supply: 3.32 billion BIO (subject to increase through network governance)
Initial Supply: 3.32 billion BIO
Launchpool Rewards: 99.6 million BIO (3% of the initial supply)
Circulating Supply at Listing: 1.297 billion BIO (39.05% of the initial supply)
Network: Ethereum
Smart Contract Address: 0xcb1592591996765Ec0eFc1f92599A19767ee5ffA

Hourly Reward Limits:

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

Pool Reward Allocation:

BNB Pool: 84.66 million BIO (85% of total rewards)
FDUSD Pool: 14.94 million BIO (15% of total rewards)

Farming Period: 00:00 UTC December 24, 2024 – 23:59 UTC January 2, 2025