IO.NET (IO) Launches on Binance Launchpool as 55th Project

Binance is thrilled to announce IO.NET (IO), a decentralized AI computing & cloud platform, as the 55th project on Binance Launchpool. The webpage is anticipated to be accessible five hours prior to the Launchpool commencing.

Farming IO tokens will take place over four days, beginning at 2024-06-07 00:00 (UTC), with users able to stake their BNB and FDUSD into different pools.

Listing

At 12:00 (UTC) on June 11, 2024, Binance will list IO and begin trading IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs. IO will have the seed tag appended to it.

Specifics of the IO Launchpool

• Name of Token: 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)
• Details of the Smart Contract: Solana
• Staking Terms: KYC is necessary
• Hard Cap for each user hourly:
  17,708.33 IO in BNB pool
  3,125 IO in FDUSD pool

Supported Pools

• Stake BNB (webpage will be accessible in approx 5 hours): 17,000,000 IO in rewards (85%) 
• Stake FDUSD (webpage will be accessible in approx 5 hours): 3,000,000 IO in rewards (15%)
• Farming Period: 2024-06-07 00:00 (UTC) to 2024-06-10 23:59 (UTC).

IO Farming Accumulation

Dates (00:00:00 – 23:59:59 UTC Each Day)	Total Daily Rewards (IO)	BNB Pool Daily Rewards  (IO)	FDUSD Pool Daily Rewards IO)
2024-06-07 – 2024-06-10	5,000,000	4,250,000	750,000

Within an hour of this news being published, you may read our research report on IO.NET (IO) here.

Project Links

• IO.NET Website
• Whitepaper
• X
• Telegram
• Medium