The community overwhelmingly passed to make the BIO token tradable
On December 20th, the BIOPSY-15 proposal "Providing Liquidity for BIO" was created. The key points of the proposal are: 1. Remove the transfer restriction on the BIO token contract and make it transferable. 2. Allocate 6% of the BIO supply to provide liquidity to the market. Grant the BIO Foundation the power to manage liquidity based on market demand. 3. Add an ETH/BIO liquidity pool on the Ethereum mainnet. The vote passed with an overwhelming 99.96% approval rate, which means the BIO token will be listed within 14 days.BNB pool distributes 85% of the tokens, should we rush in?
Binance also announced the launch of the BIO token Launchpool on the day the vote was passed, starting at 8 AM Taiwan time on the 24th. The token will be listed on the afternoon of January 3, 2025. The initial token supply is 3.32 billion BIO, but this is dynamically adjustable through voting. The Binance Launchpool reward pool accounts for 3% of the initial supply. It's worth noting that the distribution ratio between the BNB pool and the FDUSD pool is 85:15, but which side is more profitable depends on the capital volume of the two.First quarter of next year on Ethereum, Base, and Solana TGE
On the 24th, Pump Science has launched the Pump Science RIFmas Surprise airdrop for $RIF and $URO token holders, distributing $4.68 million worth of $bAInance to 37,322 addresses, which must be claimed within 30 days. In the last week of 2024, BIO Protocol will launch the DeSci AI agent. BIO Protocol has also announced its roadmap for the first quarter of 2025: - TGE on the Ethereum mainnet on January 3, followed by listings on Solana and Base. - Add BIO/BioDAO liquidity pool - Launch Long COVID Labs for COVID research and Curetopia for rare disease research - Unveil new BIOdaos and open a new BIO Launchpad - Launch BIO Launchpad on SolanaThe community raised over $33 million, with no token dump in the first year
In terms of token economics: - 56%: Ecosystem + Community - 25.4%: Early contributors - 18.6%: Early supporters This aligns with the recent trend of large-scale projects, allocating a large amount of tokens to the community. BIO had opened a community fundraising in November, raising over $33 million at the time, with Binance Labs being the only institution that had invested. However, whether early contributors or supporters, their tokens will be locked for the first year, with only the 56% allocated to the ecosystem and community being unlocked. These tokens will then be gradually unlocked over six years.Will DeSci AI be the next hot narrative?
Regarding the DeSci AI agent, BIO Protocol founder Paul Kohlhaas stated that the DeSci AI agents have not yet been priced. Specifically, they can: - Propose research - Make funding decisions - Draft intellectual property agreements (the author associates this with the Story Protocol) The official roadmap mentions that a new BIO Launchpad will be launched in the first quarter of next year, and there will be little token dump in the short term. Combined with the hot topic of this cycle, the author believes the token sentiment for BIO is quite positive. Including the recently launched $RIF and $URO on Binance Alpha, they have also seen strong price increases recently. It might be worth paying attention to the BIO ecosystem previously introduced. Currently, Whales Market has listed pre-trading for BIO, with a price of 0.63 before the deadline, and a total market cap of around $2.1 billion based on the total supply of 3,320,000,000. Given BIO's leading position in the DeSci field and the lack of comparable cases for valuation, the $2.1 billion market cap is roughly between The Graph and dogwifhat, and close to the market cap of the recently launched Pudgy Penguins.Risk Warning
Cryptocurrency investment is highly risky, its price may fluctuate violently, and you may lose your entire principal. Please carefully evaluate the risks.
