Binance announces, the 63rd Launchpool Project, BIO Protocol (BIO)

Binance is set to launch BIO Protocol (BIO) as the 63rd project on its Launchpool platform, users can farm BIO tokens by locking BNB and FDUSD.

Users can lock their BNB and FDUSD to receive BIO airdrops over a period of ten days, with farming starting from December 24, 2024, 00:00 (UTC).

BIO Protocol focuses on curating and providing liquidity for Decentralized Science (DeSci) projects.

Key Dates:

• Farming Start Date: December 24, 2024, at 00:00 (UTC)
• BIO Listing on Binance: January 3, 2025, at 10:00 (UTC)
• Trading Pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, BIO/TRY

Farming Details:

Users can participate by locking their assets in two pools to earn BIO airdrops during the ten-day farming period.

The supported pools and rewards are as follows:

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

The hourly hard cap per user:

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

Token Details:

• Token Name: BIO Protocol (BIO)
• Max Token Supply: 3,320,000,000 BIO (subject to change via network governance)
• Launchpool Token Rewards: 99,600,000 BIO (3% of genesis supply)
• Initial Circulating Supply: 1,296,529,168 BIO (39.05% of genesis supply)
• Network: Ethereum (Contract Address: 0xcb1592591996765Ec0eFc1f92599A19767ee5ffA)

Bio Protocol is a blockchain-based system designed to support various aspects of the biotech, life sciences, or bioinformatics industries.

The protocol aims to provide a secure, decentralized platform for managing data, transactions, or processes in the field of biotechnology.

Bio Protocol can secure data sharing, enabling researchers, companies, and institutions to share sensitive biological or genetic data securely and transparently.

BIO tokens can be used to pay for services or products on platforms built on the Bio Protocol.

BIO will be listing on Binance January 3^rd, 2024.