BIO Genesis Round 2: Everything You Need to Know
The second and final phase of BIO’s fair launch is live! Starting today, you can get BIO tokens on the Genesis app. Your last chance to get in on BIO early.
The second and final phase of BIO’s fair launch is live!
Starting today, you can get BIO tokens on the Genesis app.
Tl;dr
• This is your last chance to get BIO tokens prior to the protocol going live in Q4 2024/Q1 2025
• You can swap DeSci tokens (listed below) or ETH for BIO
• BIO Genesis is capped, automatically shutting off once the BIO FDV reaches roughly $100M
• BIO Genesis Round 2 lasts 45 days, or until token caps are reached
What is BIO Genesis?
BIO Genesis is the BIO token’s fair launch - designed to distribute ownership of BIO to the public and bootstrap the network prior to the protocol going live and the BIO token becoming transferrable.
The first round of BIO Genesis raised over $5m, closing with 1,000+ BIO token holders. A full breakdown of the BIO treasury accrued from the first round can be found here.
What’s New in Genesis 2?
Genesis 2 follows similar mechanics as Genesis 1 (detailed below), with a key update: in addition to accepting BioDAO tokens, you can also use ETH to participate.
As laid out in previous governance discussions, BioDAO tokens and ETH raised through Genesis create a diversified treasury for providing liquidity to the network's underlying DAOs and tokenized IP, while generating value used to support network activities, like funding new IP and .
