Binance Launchpool has introduced BIO Protocol, a project that aims to revolutionize scientific collaboration and funding using blockchain technology.
Users can stake their BNB or FDUSD tokens to farm BIO tokens during a ten-day period starting from December 24, 2024.
A total of 99,600,000 BIO tokens will be allocated as rewards, with 85% going to the BNB pool and 15% to the FDUSD pool.
Hourly caps have been established to ensure fairness in reward distribution.
After the farming period, BIO Protocol will be listed on Binance's spot trading platform with four trading pairs.
The maximum token supply is 3,320,000,000 BIO, with 99,600,000 BIO tokens distributed as Launchpool rewards.
The project aims to create an open and transparent ecosystem for scientific research funding.
Participants in the Launchpool will play a crucial role in supporting this vision.
To participate, users must stake BNB or FDUSD and complete Binance's KYC process.
Binance aims to foster an accessible environment for both experienced investors and newcomers by simplifying the participation process.
BIO Protocol, backed by Binance, is expected to have a significant impact on scientific collaboration and funding.