Binance is excited to introduce IO.NET (IO), a decentralized AI computing & cloud platform, as the 55th project on Binance Launchpool. The launch of the webpage is expected five hours before the Launchpool opens.
The farming of IO tokens will begin on June 7, 2024, at 00:00 (UTC) and will last for four days. Users will have the opportunity to stake their BNB and FDUSD in various pools.
On June 11, 2024, at 12:00 (UTC), Binance will list IO for trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. IO will be tagged as “seed.”
Here are the details of the IO Launchpool:
– Token Name: IO.NET (IO)
– Total Token Supply at Genesis: 500,000,000 IO
– Max Token Supply: 800,000,000 IO
– Launchpool Token Rewards: 20,000,000 IO (4% of total token supply at Genesis)
– Initial Circulating Supply: 95,000,000 IO (19% of total token supply at Genesis)
– Smart Contract Details: Solana, KYC required for Staking
– Hard Cap per user per hour: 17,708.33 IO in BNB pool, 3,125 IO in FDUSD pool
Supported Pools:
– Stake BNB: 17,000,000 IO in rewards (85%)
– Stake FDUSD: 3,000,000 IO in rewards (15%)
The farming period will run from June 7, 2024, at 00:00 (UTC) to June 10, 2024, at 23:59 (UTC).
Daily Rewards for IO Farming:
– 2024-06-07 to 2024-06-10
– Total Daily Rewards: 5,000,000 IO
– BNB Pool Daily Rewards: 4,250,000 IO
– FDUSD Pool Daily Rewards: 750,000 IO
You can access our research report on IO.NET (IO) within an hour of this announcement.
For more information on the project, visit the IO.NET website, read the whitepaper, or join the Telegram and Medium channels. 
