Prime cryptocurrency alternate Binance has introduced the launch of its 63rd undertaking on Launchpool
Binance is introducing Bio Protocol (BIO), a platform designed to assist the rising subject of Decentralized Science (DeSci). The initiative permits customers to farm BIO tokens by staking Binance Coin (BNB) and FDUSD, beginning on December 24, 2024, and persevering with till January 3, 2025. Over this 10-day interval, individuals shall be rewarded with BIO tokens, with 99.6 million BIO tokens obtainable in whole.
Bio Protocol shall be listed on Binance for buying and selling on January 3, 2025, with a number of buying and selling pairs, together with BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY. The undertaking may have a complete token provide of three.32 billion BIO, with roughly 1.3 billion tokens initially circulating.
The farm swimming pools for the rewards shall be divided, with 85% of the tokens allotted to the BNB pool and 15% to the FDUSD pool.
To take part on this farming occasion, customers should full Binance’s KYC verification course of. Mounted hourly limits will guarantee honest distribution of rewards amongst individuals. An in depth analysis report on Bio Protocol shall be obtainable 12 hours earlier than the farming begins, together with a webpage for staking and extra particulars.
This launch demonstrates Binance’s continued dedication to supporting modern blockchain tasks, notably within the area of interest space of Decentralized Science.