Binance has introduced its 63rd project on Binance Launchpool, Bio Protocol (BIO), a decentralized science (DeSci) project that applies Blockchain technology to provide financial support for research related to biotechnology. The platform's website will be available 12 hours before the Launchpool starts.
Users can Stake BNB and FDUSD into separate pools, allowing them to farm BIO Tokens for 10 days. The farming process will start at 07:00 on 24/12/2024 (Vietnam time).
The BIO Token is expected to be listed on Binance at 17:00 on 03/01/2025 (Vietnam time) with the trading pairs BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY. In addition, Seed Tag will be applied to BIO.
Detailed information about the BIO Launchpool:
Participants can join 2 supported pools:
The farming period lasts from 07:00 on 24/12/2024 to 6:59 on 03/01/2025 (Vietnam time).
During the farming period, the daily distribution of BIO on the pools is as follows:
BIO Protocol (BIO) is a pioneering protocol that is changing the way early-stage scientific research is funded and commercialized through Blockchain technology.
BIO can be seen as the Y Combinator for on-chain science. This platform creates opportunities for a global community of scientists, patients, and investors to collectively fund, develop, and co-own new therapies and drugs through decentralized autonomous organizations (BioDAOs) in the field of biotechnology. BIO's innovative approach addresses critical gaps in traditional scientific funding, particularly in areas such as rare disease research, longevity research, and emerging health challenges.
Currently, BIO's network includes seven BioDAOs, each focused on different areas, including cryopreservation, women's health, and psychedelics for mental health treatment. The protocol's next initiatives will focus on accelerating long-COVID and rare disease treatments, as well as developing quantum microscopes to study biological phenomena at the quantum level. These initiatives promise to expand the reach and impact of community-led science, presenting significant opportunities for advancements in medicine and science.
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Disclaimer: This article is for informational purposes only and not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.
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