Bionomics

BIO Token Status: Non-transferrable

Total Supply: 3,320,000,000

Max Supply: Uncapped supply, to be voted on by BIO governance.

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 Token Utility

BIO is a governance utility token for the governance of the BIO protocol.

BIO protocol governance may include decisions on:

• Curation of BioDAOs joining the BIO Network

• Terms for participation in BioDAOs and their IP token sales

• Support for and discounts on BioDAO health products/services

• Meta-governance within member BioDAOs

• BIO emissions, treasury allocations, and BIO protocol upgrades

BIO Value Accrual

The BIO treasury accrues value through a variety of mechanisms, including:

Token Allocations

BIO Network provides incubated BioDAOs with a $100,000 grant in exchange for 6.9% of the BioDAO’s token supply. These token allocation accrue in the BIO Treasury, growing protocol AUM as the network underlying DAOs rise in the value. The BIO treasury can also receive allocations of bioDAO scientific IP assets.

Protocol-Owned Liquidity (POL)

The BIO treasury accrues fees and yields from its onchain liquidity in BIO tokens, BioDAO tokens, IP tokens, ETH, and other assets, building POL.

Initial Distribution

BIO Allocation at Genesis

BIO will have a total supply of 3,320,000,000 BIO at genesis, split across ten categories described in the chart and table below.

Categories

Allocation Buckets	Description
Ecosystem Airdrop	Ecosystem airdrop given to BioDAO token holders
Genesis Swap	Allocation for the initial token swaps for BIO.
Early BIO Community	Early supporters of BIO from conception to launch, including core contributors from Cohort 1 BioDAOs from Molecule’s bio.xyz
Existing BioDAOs	BIO allocation to BioDAO Treasuries.
Bio/Acc Incentives	Rewards to BioDAOs based on performance milestones
BIO Core Contributors	Core contributors
Molecule	BIO governance allocation for transferring core IP, brand, and ecosystem stewardship to the Bio.xyz Association.
Molecule Shareholders	BIO governance allocation for transferring core IP, brand, and ecosystem stewardship to the Bio.xyz Association.
Seed Round	Investors
Treasury Reserves	Tokens reserved for treasury

Unlocked BIO Supply Schedules

• Unlocked supply differs from circulating supply, this is the total supply that is unlocked and can be used, but not necessarily deployed.

Categories

Allocation Buckets	Vesting Schedule
Ecosystem Airdrop	None
Genesis Swap	50% liquid, 50% 1yr linear vest
Early BIO Community	1yr cliff - 6yr vest
Existing BioDAOs	50% liquid, 50% 2yr linear vest
Bio/Acc Incentives	2yr vest
BIO Core Contributors	1yr cliff - 6yr vest
Molecule	4yr vest
Molecule Shareholders	1yr cliff - 6yr vest
Seed Round	1yr cliff - 3yr vest
Treasury Reserves	50% liquid, 50% 1yr linear vest

Inflation

• BIO inflation plays a role in the secondary market liquidity function of the protocol, and therefore only inflates as the network of bioDAOs grow. Specific details on the inflation rate is TBD.