Bionomics

BIO is the native governance token of the BIO protocol.

BIO may be used by holders to signal which DeSci DAOs to support, vote on future BIO issuance or distribution, and vote on and implement programs for the development of DeSci DAOs and specific IP assets in the BIO ecosystem.

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.

BIO token address

Initial Distribution

BIO 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.

BIO allocations are in the following categories:

  • Genesis Airdrops: early supporters of BIO from conception to launch, including Cohort 1 bioDAOs from Molecule’s bio.xyz accelerator program and bioDAO community members.

  • bio/acc Incentives: Rewards to DeSci DAOs based on performance milestones set by BIO holders.

  • Treasury reserves: Tokens reserved for treasury.

  • Builders: Companies and contributors contracted to develop the BIO network.

  • Molecule AG & Shareholders: BIO governance allocation for transferring core IP, brand, and ecosystem stewardship to the Bio.xyz Association.

The initial distribution of tokens is broken down and defined in the table below. It's important to note that this composition will change over time as the BIO network may grow via future governance proposals.

Allocation Name# of BIO% of SupplyVesting Schedule

bioGenesis Members

33,200,000

1.00%

1yr cliff - 6yr vest

Ecosystem Airdrop

99,600,000

3.00%

None

bioDAO Cohorts

66,400,000

2.00%

50% Instant - 50% 2yr linear

bio/acc Incentives

132,800,000

4.00%

50% Instant - 50% 2yr linear

bioCORE

664,000,000

20.00%

1yr cliff - 6yr vest

Molecule AG

332,000,000

10.00%

4yr linear

MOL Shareholders

664,000,000

20.00%

1yr cliff - 6yr vest

Treasury Reserves

1,328,000,000

40.00%

None

Total

3,320,000,000

100.00%

Last updated