Bio Protocol Crypto: Binance Launchpool's 63rd Launching Soon

24-12-2024 By: Deep Upadhyay
Bio Protocol Crypto:

Bio Protocol Crypto Farming Details: Earn Rewards and Innovate DeSci

Binance has officially announced Bio Protocol (BIO) as the 63rd project on its renowned Binance Launchpool platform. The project aims to innovate the Decentralized Science (DeSci) sector with its curation and liquidity protocol, offering users the opportunity to earn rewards by staking BNB or FDUSD. The farming period is set to begin on December 24, 2024, and will run until January 2, 2025.

Source: X

Bio Protocol Crypto Farming Details

Participants in the Binance pool can farm a total of 99,600,000 BIO tokens, which represent 3% of the project's total genesis supply.

  • Supported Pools:

    • BNB Pool: Rewards of 84,660,000 BIO (85% of total rewards)

    • FDUSD Pool: Rewards of 14,940,000 BIO (15% of total rewards)

  • Daily Reward Distribution:

    • Total: 9,960,000 BIO

    • BNB Pool: 8,466,000 BIO

    • FDUSD Pool: 1,494,000 BIO

To participate, users must complete Binance KYC verification. Additionally, hourly hard caps apply:

  • BNB Pool: 35,275 BIO per user

  • FDUSD Pool: 6,225 BIO per user

Bio Protocol Coin Listing and Tokenomics

Following the farming phase, the Bio Protocol token price and its market dynamics will be unveiled during its official listing on January 3, 2025, at 10:00 UTC. Key trading pairs include BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY.

Bio Protocol (BIO) is an innovative cryptocurrency operating on the Ethereum network. With a maximum supply of 3,320,000,000 BIO, the initial circulating supply at launch will be 1,296,529,168 BIO, representing 39.05% of the total genesis supply. This structure ensures a significant portion of the tokens are available from the outset, supporting the protocol's growth and adoption within the Ethereum ecosystem.

Why Bio Protocol Stands Out in 2024

The Bio Protocol impact factor 2024 is anticipated to be significant within the DeSci and crypto space. By leveraging the Binance Launchpool, Bio crypto is positioned as a promising project for users seeking both staking rewards and long-term growth potential. The Bio coin price post-listing will likely reflect its reception among the wider crypto community.

Apart from this, Binance has also launched Binance Alpha, a pre-listing token selection pool aimed at enhancing transparency in Binance Exchange listings. Tokens are chosen based on Binance's industry expertise and advanced insights, focusing on strong community interest, growing traction, and alignment with key crypto trends.

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