The @MycoDAO & @Spine_DAO TGEs on Bio V1 are fast approaching!

There are some key differences between these token launches and previous TGEs on Bio:

• If the BioDAOs have exceeded their min. funding thresholds by the end of their pre-sale funding phases, the projects can take their tokens live for trading.

• Vesting: Users who participate in the pre-sale funding rounds receive 30% of their tokens immediately, with the remaining 70% unlocking linearly over 1 month. This is unlike previous launches where participants were 100% liquid at the time of TGE. In addition, $BIO Curators who pledged their $BIO in the Curation phase will receive discounted BioDAO tokens that vest over 6 months with a 3-month cliff.

• Liquidity: There will be liquidity provisioned in BioDAO/BIO pools supplied by the BioDAOs and the Bio Protocol treasury. An additional BioDAO/SOL pool may be created at the discretion of the BioDAO. All pools will target low slippage for most trade sizes.

It’s not too late to participate in these project’s pre-sale funding rounds. The $MYCO pre-sale ends May 12, while $SPINE ends May 15 (unless the max. funding limits are reached before those dates, in which case the pre-sale will close early).

Join the pre-sales in the link below ↓