Key Points

• Binance just announced BIO Protocol (BIO) as the 63rd project on Binance Launchpool.
• Users can lock their BNB and FDUSD to receive BIO airdrops over 10 days, with farming starting tomorrow.

Binance just announced the 63rd project on Binance Launchpool – BIO Protocol (BIO), a curation and liquidity protocol for Decentralized Science (DeSci).

According to the official announcement, users will be able to lock their BNB and FDUSD to receive BIO airdrops over 10 days and farming is scheduled to start tomorrow, December 24, at 00:00 (UTC).

BIO Listing Details

Binance will also be the first crypto exchange to list BIO on January 3rd, 2025, at 10:00 (UTC).

The crypto exchange announced that it will open trading for the following pairs:

• BIO/USDT
• BIO/BNB
• BIO/FDUSD
• BIO/TRY

Also, Binance announced that the project will be listed with the Seed Tag applied, meaning that it’s an innovative project that might exhibit higher volatility, and users are advised to do their own research before deciding to invest in it.

Binance Launchpool Details

• The maximum BIO token supply is 3,32 billion tokens; this supply is dynamic, meaning that it may increase via network governance.
• The total genesis token supply is 3,32 billion BIO tokens.
• The Launchpool token rewards will be 99,6 million BIO tokens or 3% of the genesis token supply.
• The initial circulating supply when listed on Binance Spot will be over 1,296 billion BIO tokens, or a little over 39% of the total genesis token supply.

The farming period will begin tomorrow, December 24, at 00:00 (UTC) and it will last until January 2nd, 2025, at 23:59 (UTC).

In order to be able to participate in the Binance Launchpool and earn rewards, users have to log in to their account, navigate to the Launchpool section, and choose a project of their interest.

Users who don’t already have an account can create one here.

What is BIO Protocol (BIO)?

The BIO protocol is DeSci’s new financial layer, engineered to commercialize the best science, faster, according to the official website of the project. BIO is described as a gateway drug to decentralized science.

The project is reportedly driving biotech innovation via decentralized funding and coordination. BIO allows anyone to fund, develop, and govern tokenized scientific IPs from universities, companies, and researchers from all over the world.

The protocol directs capital and talent to the most promising early-stage science.

Last month, Binance Labs made its first DeSci investment in BIO Protocol. According to the website, the BIO Launchpad will go live next month.

On X, the team behind the project announced that the BIO Launchpad makes BioDAO curation, formation, and funding fun, accessible, and open. Upcoming launches include Long Covid Labs, Quantum Biology DAO, Curetopedia.

The team also addressed the BIO token distribution.

BIO Distribution 

BIO is 100% community-owned in the first year. Genesis auction raised more than $33 million from the community last month.

Here’s the token distribution breakdown:

• 56% of the tokens go to the ecosystem and community.
• 25.4% of the tokens will go to early contributors.
• 18.6% will go to the early backers.

Also, BIO tokens will unlock over 6 years.

Early contributors vest over 6 years, with a 1-year cliff and early backers vest over 4-6 years, with a 1-year cliff.

The team also noted that BIO aims to catalyze the on-chain economy of DeSci DAOs, protocols, and AI agents, sparking a “Cambrian explosion” in community-led science. BIO aims to unleash a Biotech Revolution.