% 1.07
BTC Dominance:
% 0.21
Market Cap:
$2.38 T
% 1.77
Fear & Greed:
74 / 100
$ 66.287
BTC Dominance:
% 54.5
Market Cap:
$2.38 T

Binance Announces New Launchpool Project: IO.NET (IO)

Binance Launchpool

Binance is unveiling its 55th project on Binance Launchpool: IO.NET (IO), a decentralized AI computing and cloud platform. The project’s webpage is expected to go live within the next five hours, ahead of the Launchpool’s commencement.

Staking and Farming Details

From 00:00 (UTC) on June 7, 2024, users will have the opportunity to stake their BNB and FDUSD into designated pools to farm IO tokens. The farming period will span four days, concluding at 23:59 (UTC) on June 10, 2024.

IO.NET Listing Schedule

Following the farming period, Binance will list IO on June 11, 2024, at 12:00 (UTC). Trading pairs available will include IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. The IO token will carry the seed tag upon listing.

IO.NET Launchpool Details

  • Token Name: IO.NET (IO)
  • Total Token Supply at Genesis: 500,000,000 IO
  • Max Token Supply: 800,000,000 IO
  • Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)
  • Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)
  • Smart Contract Details: Solana
  • Staking Terms: KYC required

Hourly Hard Cap per User

  • BNB Pool: 17,708.33 IO
  • FDUSD Pool: 3,125 IO

Supported Pools and Rewards Allocation

    • Stake BNB: 17,000,000 IO in rewards (85%)
    • Stake FDUSD: 3,000,000 IO in rewards (15%)

The staking webpage will be available in approximately five hours.

Farming Period and Accumulation

  • Farming Period: June 7, 2024, 00:00 (UTC) to June 10, 2024, 23:59 (UTC)
  • Daily Rewards: 5,000,000 IO
  • BNB Pool Daily Rewards: 4,250,000 IO
  • FDUSD Pool Daily Rewards: 750,000 IO
  • Sign up on Binance
Rate this post
READ:  Research to be Launched for Bitcoin Miners?

Leave a Reply

Your email address will not be published. Required fields are marked *