BioXP
Last updated
Last updated
BioXP is a points system designed to reward active and aligned members of the Bio Protocol community. It serves as the primary mechanism for gaining access to allocations in new project launches on our platform.
You can earn BioXP by performing a variety of actions that support the growth and health of the ecosystem.
Points are calculated and distributed weekly. There are two types of points you can earn:
Automatic Points: Distributed daily for staking BIO
and weekly for yapping.
Claimable Points: Must be manually claimed daily and are earned by staking other ecosystem assets.
Here are the primary ways to earn BioXP:
Staking:
Stake BIO
to earn veBIO
and receive a steady stream of BioXP.
Stake other ecosystem tokens (from projects like agents, IPTs, and DAOs) to earn an even greater share of the daily BioXP emissions.
Social Engagement ("Yapping"):
Connect your X (formerly Twitter) account to your profile in the Bio app.
Earn points for engaging with and creating content about Bio Protocol and its ecosystem projects.
Tag @bioprotocol or our ecosystem projects' handles (find ecosystem projects here)
The DeSci Score:
Your DeSci Score acts as a multiplier on the points you earn.
You can increase your score through positive-sum actions like:
Net buying BIO
or other ecosystem assets on the open market.
Participating in onchain governance.
Participation in past and upcoming sales on Bio's launchpad.
The primary utility of BioXP is to secure an allocation in a project's Ignition Sale.
Pledge to Participate: To participate in a launch, you must pledge a certain amount of your BioXP.
Pro-Rata Allocation: Your final allocation is determined by the percentage of the total pledged BioXP that you contributed. The more points you pledge, the larger your potential allocation.
Bio Protocol V2 is designed to encourage long-term alignment, not short-term flipping.
If you are allocated tokens in a launch and sell a majority of them within the first three weeks, your ability to earn new BioXP will be paused for the following three weeks. This mechanism is designed to reward committed, long-term supporters of new projects.
To reward our early and long-standing community members, a significant portion of the initial BioXP supply will be distributed retroactively. These rewards will be based on past actions, including:
Participating in the Genesis Auction.
Participating in past project auctions.
Curating projects in V1.
Bio Ecosystem governance participation.
These retroactive points will be fully available for the first V2 launch and will begin to expire one month after.
Token & Asset Guides:
About BIO, veBIO and BioXP - Complete overview of all ecosystem tokens
BioXP User Guide - Practical guide to earning and using BioXP
BIO Token Guide - How to acquire and use BIO tokens
Staking & Earning:
Staking & veBIO Overview - Complete staking system guide
Staking BIO - Earn BioXP by staking BIO for veBIO
Staking Other Assets - High-yield BioXP earning strategy
How to Yapp - Earn BioXP through social engagement
Using Your Points:
The Launcher - How BioXP works in Ignition sales
Join Launches - Complete guide to participating in launches
Launchpad FAQ - Common questions about BioXP and launches