The community airdrop of 110,000,000 BIO tokens began on December 23, 2024, at 20:30 (UTC) and is live for ten days. The Bio protocol airdrop is free and all you have to do to receive BIO tokens is to connect their ETH wallet addresses to the BIO website. During the initial stages, each wallet account will be given 200 BIO tokens. The authorities estimate almost 50,000 wallet addresses to participate in the BIO protocol airdrop.
The airdrop will end early if the registered users exceed the allotted amount. If there are unclaimed tokens, after the airdrop period ends, they will be burned and removed from supply. Each registered wallet will be awarded its share of the airdrop tokens only after the airdrop event is over.
More About BIO Protocol
The BIO protocol curates liquidity for Decentralized Science (DeSci). The protocol encourages biotechnology enthusiasts and scientists to collectively fund, build, and own tokenized biotechnology projects and intellectual property (IP). The BIO protocol has established a financial layer to catalyze an on-chain economy of scientific communities (bioDAOs) to create and market scientific IP developed by these bioDAOs.
The goals of the BIO protocol are to curate bioDAOs and accelerate their growth, provide perpetual funding and liquidity for bioDAOs and on-chain biotech assets, standardize bioDAO frameworks, tokenomics and data/product suites, and commercialize scientific IP and data. All these goals are achieved through the core operations of curation, funding, liquidity, bio rewards, and meta-governance.
More About the BIO Token
The governance token of the BIO protocol, BIO tokens gives many rights and opportunities to its holders. BIO token holders can signal which bioDAO they would like to support, vote for the future issuance and distribution of BIO tokens, and implement accelerator programs to develop the network.
The BIO token, issued by Bio.xyz Association, gives its holders access to governance rights over the BIO protocol, early DAO funding rounds, financial rewards for health data contributions & clinical trial participation, and new health products funded by bioDAOs.
The tokenomics of the BIO protocol is given below.
- ● Total supply: 3,320,000,000 BIO
- ● Community airdrop: 110,000,000 BIO (5%)
- ● Pre-sale: 320,000,000 BIO (10%)
- ● Project Partners: 750,000,000 BIO (25%)
- ● Liquidity, Future developments: 1,920,000,000 BIO (60%)
BIO Airdrop
The major purpose of the BIO airdrop is to incentivize users for the long-term viability of Cohort 1 bioDAOs such as AthenaDAO for fertility, ValleyDAO for synbio, HairDAO for hair, CryoDAO for cryogenics, and PsyDAO for psychedelics. The table below shows the token allocation for each of the above-mentioned bioDAOs.
bioDAO | Tokens due to bio.xyz (6.9% of supply) | Tokens delivered | BIO Genesis Allocation |
AthenaDAO | 6,900,000 ATH | 3,450,000 ATH | 13,320,000 BIO |
CryoDAO | 270,544 CRYO | 270,544 CRYO | 13,320,000 BIO |
PsyDAO | 7,061,056 PSY | 7,061,056 PSY | 13,320,000 BIO |
ValleyDAO | 6,900,000 GROW | 6,900,000 GROW | 13,320,000 BIO |
HairDAO | 105,800.31 HAIR | 13,225.04 HAIR | 1,665,000 BIO |
You can improve your prospects of getting more BIO tokens by inviting your friends to join the airdrop. For each friend who has joined the BIO airdrop through your invitation, you will get 200 BIO tokens. The maximum number of friends that you can invite is 50. That means you are eligible to get a maximum of 10000 BIO tokens.
To receive BIO airdrops you can lock either BNB or FDUSD. Locking BNB helps you earn 84,660,000 BIO in rewards (85%) whereas locking FDUSD helps you earn 14,940,000 BIO in rewards (15%).
The Bottom Line
BIO tokens are a worthy investment because they help you take part in the decision-making and other development activities of the decentralized science research protocol. The protocol is set to create new opportunities for investors and the scientific community alike.
The airdrop of BIO tokens is an excellent opportunity for you to get free access to a coin worthy of development in the future. With the use cases that this token serves, this airdrop will serve as a starting point for all your future investments in decentralized science.