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Home»Exchanges»Binance Announces the Altcoin It Chose for the 55th Launchpool Project!
Exchanges

Binance Announces the Altcoin It Chose for the 55th Launchpool Project!

NBTCBy NBTC08/06/2024No Comments2 Mins Read
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Binance, the world’s leading cryptocurrency exchange, introduced IO.NET (IO) as the 55th project in the Binance Launchpool. IO.NET is a decentralized AI computing and cloud platform that is ready to make a significant impact in the technology world.

Binance Launchpool Introduces IO.NET (IO)

Starting at 03:00 on June 7, 2024, users will be able to collect IO tokens over a four-day period by staking their BNB and FDUSD in separate pools.

The IO.NET web page will be available five hours before Launchpool starts, detailing the staking process and project features.

Important Dates and Trading Information:

Staking Start Date: June 7, 2024, 03:00

Transaction Start Date: 11 June 2024, 15:00

Trading Pairs: IO/BTC, IO/USDT, IO/BNB, IO/FDUSD and IO/TRY

Token Details:

Token Name: IO.NET (IO)

Total Token Supply on Genesis: 500,000,000 IO

Maximum Token Supply: 800,000,000 IO

Launchpool Token Rewards: 20,000,000 IO (4% of total token supply on Genesis)

Initial Circulating Supply: 95,000,000 IO (19% of the total token supply in Genesis)

Smart Contract Platform: Solana

Staking Pools and Rewards:

BNB Pool: 17,000,000 IO in rewards (85%)

FDUSD Pool: 3,000,000 IO (15%) as reward

Fixed Upper Limit per User Hour:

17,708.33 IO in BNB pool

IO in 3,125 FDUSD pool

Agriculture Period: 7 June 2024, 03:00 – 10 June 2024, 02:59

Binance will be the first platform to list IO.NET tokens, and trading will begin at 15:00 on June 11, 2024.

Claims to offer this token for sale before this date are false and should be ignored. Users are strongly advised to do their own research to ensure the safety of their funds.

*This is not investment advice.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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