🔥Next on Lanchpool: #IO is it Worth Farming and Buying?🔥
Binance Introduced IO.NET (IO) on Binance Launchpool! Farm IO by Staking $BNB and $FDUSD . Is this coin worth investing in? Well I'll be giving you more information in this post and giving my prediction on the token as i think that it will be worth investing in.
🚨 Important Note 🚨
Binance will be the first platform to list the token mentioned, with trade starting at 2024-06-11 12:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure the safety of your funds!
💥 Announcement 💥
Binance announced the 55th project after $NOT on Binance Launchpool - IO.NET (IO), a decentralized AI computing & cloud platform. Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens over four days, with farming starting from 2024-06-07 00:00 (UTC).
🌿 Listing 🌿
Binance will then list IO at 2024-06-11 12:00 (UTC) and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs.
The seed tag will be applied to IO.
IO Launchpool DetailsToken
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
Staking Terms: KYC required
Hourly Hard Cap per User: 17,708.33 IO in BNB pool3,125 IO in FDUSD pool
✨ Supported Pools ✨
Stake BNB: 17,000,000 IO in rewards (85%)
Stake FDUSD: 3,000,000 IO in rewards (15%)
Farming Period: Ends in 2024-06-10 23:59 (UTC).
💫 Conclusion 💫
Take into consideration that the token supply is 500 Million Token and the initial Circulating Supply will be 95 Million Token. Meaning if you want to buy this coin, you shouldn't expect sudden gains & the investment should be at least for 6 month Time.