PANews reported on December 23 that Bio Protocol (BIO) has become Binance's 63rd Launchpool project. It will officially open users to obtain BIO airdrop rewards by staking BNB and FDUSD at 08:00 (Beijing time) on December 24 for a period of 10 days. Binance plans to launch BIO at 18:00 (Beijing time) on January 3, 2025, and open BIO/USDT, BIO/BNB, BIO/FDUSD and BIO/TRY trading pairs. Seed tags will be applied to BIO.
The total supply of Bio Protocol (BIO) is 3.32 billion BIO at the genesis, the maximum supply is the same (can be increased through network governance), and the Launchpool reward is 99.6 million BIO (3% of the total supply at the genesis). The initial circulation is 1.297 billion BIO (39.05% of the total supply at the genesis), and the token is based on the Ethereum network (contract address: 0xcb1592591996765Ec0eFc1f92599A19767ee5ffA). The reward distribution is 84,660,000 BIO in the BNB mining pool (85%, 35,275 BIO per hour hard cap) and 14,940,000 BIO in the FDUSD mining pool (15%, 6,225 BIO per hour hard cap).
Related reading: Why did Binance invest in BIO Protocol? Read DeSci’s new narrative in one article
