Bio Protocol Airdrop: Detailed Explanation And Guidance
Are you an investor looking for products like BIO tokens? Then BIO protocol is planning to airdrop its tokens. This is a golden opportunity for collecting BIO tokens for free.
Airdrops are never a miss for professional traders. It is the golden chance to avail some free tokens without an investment burden. This article deals with all the major details you need to participate in the airdrop. Check out all the major details before participating in the BIO Protocol Airdrop.
BIO Protocol Overview
BIO is a liquidity protocol designed for Decentralised ScienceDeSci. The protocol aims to accelerate biotechnology. It is an innovative model designed as an alternative to the traditional and often cumbersome funding options for scientific research. This innovative approach highlights the commitment of the project to leverage blockchain technology to create a social impact. It focuses particularly on the underfunded fields such as rare diseases and mental health.
It provides the global community of patients, scientists, and biotech professionals the ability to collectively fund, build, and own tokenized biotech projects and intellectual property. BIO creates a shift in the biotech landscape by creating a collaborative and decentralized ecosystem for scientific projects and discoveries.
BIO protocol Airdrop CampaignBIO protocol is launching its airdrop campaign as a reward for its early supporters and to expand its community. The users of the protocol holding specific DeSci tokens such as HairDAO, VITA, ATH, GROW, etc can be eligible for the airdrop. Participants can check whether they are eligible for airdrop by connecting their wallet to the platform. Early BIO protocol users will be provided exclusive opportunities to claim BIO tokens.
Airdrop start date: December 24, 2024, at 08:00 Bejing Time Duration: 10 days Rewards: A total of 99,600,000 BIO tokens will be distributed in this airdrop Purpose of BIO Protocol AirdropCrypto airdrops are conducted to serve multiple purposes. These include creating a buzz around the project, distributing tokens to a wide range of audiences, and incentivizing user participation. Major projects make use of airdrops for wide adoption and circulation of their tokens. Participants get a chance to know more about the project as well.
Step by Step guide for BIO protocol AirdropIf you are looking forward to being a part of the BIO protocol airdrop, follow these steps to participate in the airdrop and grab free BIO tokens.
Step1: Create a Binance account
Create a Binance account and complete the KYC process for participation in the airdrop.
Step 2: Lock BNB and FDUSD in your wallet
You need to lock your tokens like BNB and FDUSD for participating in the airdrop. You can lock these tokens on Binance Launchpool from 24 December 2024 to 2 January 2025.
Step 3: Monitor your earnings
You can keep track of the staked amounts and the rewards you collect during this phase.
Reminder: Always rely on trustworthy sites. Do not navigate to unknown or suspicious links or websites. BIO protocol Tokenomics
The major share of BIO tokens is allocated to the community and ecosystem participants. This constitutes around 56 of the total circulating supply. Early contributions of the coin are allocated with 25.4 and the remaining 18.6 was allocated to early supporters. Bio protocol enabled a lockup period of more than 6 years for early contributors along with a 1- year cliff unlock. Early supporters of the Bio-protocol will have a lockup period between 4 to 6 years along with a 1-year cliff unlock.
The Binance launch pool received 99.6 million BIO tokens. This represents 3 of the total Genesis token supply. Binance launch pool will be distributing 9.96 million tokens through BNB and FDUSD pools in the ratio of 85 and 15 respectively. The announcement stated that the hourly hard cap per user in the BNB pool is 35,275 BIO tokens and almost 6,225 BIO tokens in the FDUSD pool.
BIO Protocol Future PotentialBIO protocol witnessed a major Decentralised ScienceDeSci after supporting many projects to raise funds for pursuing scientific research and development. BIO tokens facilitate the launch of more scientific projects in the BioDAO platform. The platform amounts to a market capitalization of more than 300 million.
BIO protocol is planning to launch BIO tokens to Solana and other base networks in a bid to ensure sustainable development. The expectation of the growth of Decentralised Science creates global opportunities through the use of blockchain technology. At present the BIO protocol expects Boitech builders and scientists to apply for acceleration and support through different