news 
BIO Protocol (BIO) Coin Now on Binance Launchpool — Here Is How You Can Farm BIO Coin
Binance has announced the launch of BIO Protocol (BIO) as its 63rd project on the Launchpool. As of December 24, users can start farming BIO tokens by staking their BNB or FDUSD. In this article, we will guide you on how to farm BIO coins.
Firstly, it is essential to note that Binance will list BIO coin for trading on January 3, 2025. At the time of listing, a significant portion of the total supply, 1.29 billion tokens (39.05% of the initial supply), will be in circulation. A total of 99.6 million BIO tokens (3% of the initial supply) have been allocated for farming on the Launchpool.
To participate in the BIO Protocol Launchpool, users must complete Binance’s Know Your Customer (KYC) process. In addition to this, a BIO Protocol webpage will be made available 12 hours before farming begins, providing users with detailed information about the project.
BIO Coin Trading and Listing Details
To earn BIO coins, you can stake your BNB or FDUSD for ten days. The staking periods are divided into two phases: Phase 1 (December 24 to December 28) and Phase 2 (December 29 to January 3). You will need to complete KYC on the Launchpool page before starting the farming process.
By staking BNB, you can earn up to 35,275 BIO tokens per hour. This means that you can potentially earn a significant amount of BIO coins during the farming period. Similarly, staking FDUSD allows users to receive up to 6,225 BIO tokens per hour. It is essential to note that the token allocation will be distributed across various sectors.
BIO Token Allocation Breakdown
The BIO coin’s token allocation breakdown reveals that the community will receive a substantial portion of the total supply, accounting for 56% of the tokens. A further 20% will be allocated through community auctions, while 6% will be distributed through airdrops. Ecosystem rewards have been set aside for 25% of the tokens, followed by investors receiving 13.6%, core contributors getting 21.2%, and advisors securing 4.2%. It is also worth noting that 5% of the supply will go to the Molecule Ecosystem Fund.
In conclusion, the BIO Protocol (BIO) coin is now available on Binance Launchpool, allowing users to start farming BIO tokens immediately. To begin the process, you must complete KYC and then stake your BNB or FDUSD for ten days.
Source: coinchapter.com
