BIO Protocol's new proposal proposes to remove transfer restrictions and allocate 6% of tokens to provide liquidity to the market
Here is the English translation:
On December 14, according to the latest proposal "DeSci Project BIO Protocol" of the DeSci project BIO Protocol, the proposal aims to implement the following measures within 7 days after the proposal, so that BIO can start circulating:
· Cancel the transfer restriction on the BIO token contract, making it transferable
· Allocate 6% of the BIO supply to provide liquidity for the DEX and CEX markets, and empower the BIO Association to actively manage liquidity based on market demand
· Provide initial liquidity on the Ethereum <mainnet> through the ETH/BIO liquidity pool
It is reported that the decentralized biotechnology protocol BIO Protocol previously raised $6.22 million in the first round of community financing, $11.14 million in the second round of community financing, and $2.9 million in the 2.5 round of community financing. <Binance Labs> also announced an investment in BIO Protocol in early November this year, with the specific amount undisclosed. Its ecosystem's <MEME> coins such as RIF and URO have also been market hotspots for a period of time.
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