Join Ignition Sales
Last updated
Last updated
Once you understand the basics of launch participation, the next step is to prepare your assets. This page outlines the process of acquiring and committing the $BIO needed to invest in a project.
All sales on the Bio Protocol are denominated in BIO. If you don't already hold BIO, you will need to acquire it from an exchange where it is traded.
For many users, the simplest way to acquire BIO is through a major centralized exchange. BIO is available for spot trading on exchanges like:
Coinbase Wallet
Binance
To purchase, you will need to create an account, deposit funds, and place an order for BIO. Once purchased, you must withdraw your BIO to a personal wallet on a supported network (like Ethereum or Base) to use it in the Bio Protocol.
If you prefer to use a decentralized exchange, you can acquire $BIO by swapping other cryptocurrencies for it on a platform like Uniswap.
Official Token Addresses: Find the official contract addresses for $BIO on all supported networks in our Basic Token Information document.
To protect yourself from scams, always verify that you are interacting with the correct token contract address before purchasing $BIO on a decentralized exchange.
Ensure you have enough $BIO in your wallet to cover both the amount you wish to commit to the sale and the amount you plan to pledge to get BioXP.
The Bio Protocol operates primarily on the Base network. If your BIO is on another blockchain (like Ethereum Mainnet), you will need to bridge it over to Base to participate in launches.
For detailed instructions, see the next page:
During the active launch period (typically 2-3 days), you can commit your $BIO directly on the project's launch page.
Navigate to the Launchpad: Go to the Bio Protocol Launchpad.
Select the Project: Choose the project you wish to contribute to.
Pledge and Commit: On the project page, you will find the interface to:
Pledge your desired amount of BioXP.
Commit your desired amount of BIO.
Confirm the Transaction: Sign the transaction in your wallet to finalize your commitment.
Your BIO and pledged BioXP are now locked until the sale concludes. If the launch is successful, you will be able to claim your new project tokens. If not, your assets will be available for withdrawal.
