#BinanceLaunchpoolBIO coming soon 🔜
The Binance Launchpool for BNB and $FDUSD involves users staking these tokens to farm new project tokens. Here's how the division works based on recent projects:
Token Allocation:
For the Bio Protocol (BIO) Launchpool:
$BNB BNB Pool: 85% of the total pool allocation
(84.66 million BIO out of 99.6 million BIO).
$FDUSD FDUSD Pool: 15% of the total pool allocation (14.94 million BIO out of 99.6 million BIO).
Staking Period and Rewards:
The farming period for BIO is 10 days, starting from December 24th, 2024, at 00:00 UTC, with trading beginning on January 3rd, 2025, at 10:00 UTC
User Participation:
Users can stake either BNB or FDUSD separately in the respective pools to earn BIO tokens. The daily cap for rewards per user is set differently for each pool, reflecting the allocation percentages.
General Mechanics:
Tokens staked in Launchpool retain their standard benefits, like airdrops or VIP perks, while also earning new token rewards.
Users can only stake their tokens in one Launchpool project at a time, but they can divide their holdings across pools if multiple projects are active.
This division reflects a strategy where a significant portion of the rewards is allocated to BNB stakers, likely due to BNB's role as Binance's native token and its broader user base. FDUSD, being a stablecoin, offers a different risk profile for users who might prefer stability over potential price fluctuations of BNB.