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Binance's 63rd Launchpool Project: What is Bio Protocol (BIO)?

Binance has launched its 63rd project on its Launchpool platform called Bio Protocol (BIO), which aims to revolutionize the biotechnology sector by integrating blockchain technology. Users can farm BIO tokens by staking BNB and FDUSD for ten days starting from December 24th, 2024. Bio Protocol is a decentralized platform that connects scientists, investors, and the global community to fund and develop biotechnology research. It leverages blockchain technology to make scientific research more transparent and community-driven. The platform supports various biotechnology fields and features bioDAOs, which are decentralized organizations focused on specific scientific domains. The BIO token provides access to the platform and its scientific community and IP network. The token is used for staking, funding, governance, and accessing IP networks. Bio Protocol also offers an acceleration program to support bioDAO creators.

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