BIO
What is BIO?
BIO is the native utility token of the Bio Protocol, designed to power a decentralized ecosystem for funding and cultivating early-stage life science research. It serves as the primary currency for all transactions on the platform, from participating in new project launches to accessing exclusive platform features.
How to get BIO?
You can acquire BIO through several methods:
Initial Offerings: Participate in the launch of new IP-Tokens (IPTs) on the Bio.xyz Launchpad.
Decentralized Exchanges (DEXs): Trade for BIO on supported DEXs.
For a step-by-step guide on getting BIO a launch, see our tutorial here
How to use BIO?
BIO is essential for interacting with every aspect of the Bio Protocol:
Funding Launches: Use BIO to invest in promising new biotech projects during their funding rounds.
Staking: Stake BIO to earn BioXP and receive veBIO, which grants you governance rights.
Acquire Ecosystem Tokens: Acquire ecosystem tokens to participate in community-driven research and earn rewards.
Further Reading
For more detailed information about the BIO token and its role in the ecosystem, please see the following pages:
Basic Token Information: Find key information such as contract addresses on all supported networks, initial distribution, and unlock schedules.
bio/acc Rewards: Learn about the milestone-based incentive program that rewards projects with
BIOfor making tangible scientific progress.Funding Your Participation: A step-by-step guide on how to acquire
BIOfrom both centralized and decentralized exchanges to participate in project launches.
Related Information
Staking & Earning:
Staking BIO - How to stake BIO for veBIO and governance power
veBIO Guide - Understanding vote-escrowed BIO and governance
BioXP Guide - Earning BioXP points through staking and activity
Using Your BIO:
The Launcher - How BIO is used in fixed-price sales
Join Launches - Complete guide to participating in project launches
Bridge BIO - Moving BIO between different chains
Last updated