#BIO BIO is the native governance token of the Bio protocol. BIO on Ethereum (EVM), BIO on Base (EVM), BIO on Solana.
BIO Utility: The BIO token may be used to Select which BioDAOs to onboard into the network (Curation), Provide liquidity to network BioDAOs, Vote on Bio Protocol upgrades and BIO token issuance, Run BioAgents.
BIO provides holders with access to:Governance rights in the Bio protocol, Whitelists in BioDAO funding rounds, Early BioDAO token allocations, Rewards for contributing to BioDAOs & clinical trial participation, New health products developed by BioDAOs.
Bionomics:The BIO token was issued by Bio.xyz Association, a not-for-profit organization that serves as legal steward of the Bio infrastructure and treasury.
Initial Distribution starting supply is 3,320,000,000 tokens. The supply is uncapped, meaning new BIO can be minted for future protocol or network growth. This requires deploying a new token contract to replace the current BIO token.
The initial distribution of tokens is broken down by category below. It's important to note that this composition may change over time as the BIO network grows via future governance proposals.$BTC