BIO Protocol's new proposal proposes to cross-chain BIO to the Solana network

PANews reported on December 26 that DeSci Protocol BIO Protocol initiated a community proposal to "cross-chain BIO to the Solana network", aiming to enhance the accessibility and liquidity of BIO tokens and other tokens in its ecosystem by deploying cross-chain bridges and liquidity pools. The proposal plans to deploy the BIO token contract on Solana and allocate an additional 1% of the funds in the ecological incentives to establish liquidity pools on Solana and potentially other chains, with a target liquidity depth of approximately US$1 million. In addition, the liquidity pool will be actively managed by the protocol to optimize capital efficiency.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together