BIO Protocol (BIO): Binance Launchpool Project Overview
Introduction
BIO Protocol is the latest addition to Binance’s Launchpool, focusing on advancing decentralized science (DeSci) in the biotechnology field. It aims to bring together patients, scientists, and biotech experts to collaboratively fund and develop tokenized biotech projects and intellectual property.
Key Highlights
Launchpool Details
Staking Period: Until January 2, 2024.
Token Allocation: 3% of BIO’s total supply (99.6 million tokens).
BNB stakers: 85% of rewards.
FDUSD stakers: 15% of rewards.
Hourly Reward Caps:
BNB Pool: 35,275 BIO/hour.
FDUSD Pool: 6,225 BIO/hour.
Listing Date: BIO is set to be listed on Binance on January 3, 2024.
Staking Benefits
Rewards are calculated hourly.
Staked tokens can be withdrawn anytime without losing rewards.
About BIO Protocol
BIO Protocol aims to drive innovations in biotechnology by decentralizing funding and research. It incorporates several DeSci DAOs, each focusing on specific scientific domains:
1. VitaDAO: Longevity science, partnerships with Pfizer and universities.
2. HairDAO: Solutions for hair loss, including patented products.
3. CerebrumDAO: Neurodegenerative disease research with $1.5M raised.
4. ValleyDAO: Synthetic biology, collaborations with Imperial College London.
5. AthenaDAO: Women’s health, with $500,000 in R&D funding.
6. CryoDAO: Cryobiology innovations, including Oxford collaborations.
7. PsyDAO: Research in psychedelics and therapeutic applications.
How to Participate
1. Account Creation: Open and verify your Binance account.
2. Deposit Funds: Use BNB or FDUSD for staking.
3. Stake Tokens: Access the Binance Launchpool platform to start earning BIO tokens.
Benefits for Users
Access to cutting-edge biotech projects.
Opportunities to support decentralized innovation in science.
Ownership in tokenized intellectual property via BIO Protocol.
Disclaimer: Cryptocurrency investments involve risks. Always conduct thorough research before participating.$BNB
