io.net

Launchpool

Revolution

Binance has just announced the launch of its 55th project on Binance Launchpool—IO.NET (IO), a cutting-edge decentralized AI and cloud computing platform. This platform promises to revolutionize the AI and cloud sectors by offering efficient and accessible decentralized solutions. 
Binance will be the first to list the IO token, with trading kicking off on June 11 at noon (UTC). This is a major milestone for IO.NET and underscores Binance’s commitment to supporting innovative projects in the crypto world. 
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 Introducing <a href="https://twitter.com/ionet?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@ionet</a> <a href="https://twitter.com/search?q=%24IO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$IO</a> on <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Binance</a> Launchpool! Farm <a href="https://twitter.com/search?q=%24IO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$IO</a> by staking <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#BNB</a> and <a href="https://twitter.com/search?q=%24FDUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$FDUSD</a>. ➡️ <a href="https://t.co/uZ3DT31Ag2" target="_blank">https://t.co/uZ3DT31Ag2</a> <a href="https://t.co/icww9Ux62G" target="_blank">pic.twitter.com/icww9Ux62G</a>— Binance (@binance) <a href="https://twitter.com/binance/status/1798578340393300467?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 6, 2024</a>
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From June 7 at 00:00 (UTC), Binance users can stake their BNB and FDUSD into separate pools to farm IO tokens over four days. This farming period gives users early access to IO tokens and incentivizes participation in the IO.NET ecosystem. 
Detailed instructions and timelines for mining activities will be available on the website within five hours of the <a href="https://www.binance.com/en/support/announcement/introducing-io-net-io-on-binance-launchpool-farm-io-by-staking-bnb-and-fdusd-6556e3b5aae54c76adb0fd267b105a15?hl=en" target="_blank" rel="noreferrer noopener nofollow">announcement</a>. IO.NET starts with a total initial supply of 500 million tokens, capped at 800 million. Initially, 95 million IO tokens (19% of the total) will circulate.&nbsp; 
There are 20 million IO tokens available for mining, which is 4% of the initial supply. The personal hourly mining limits are 17,708.33 IO for the BNB pool and 3,125 IO for the FDUSD pool. The BNB pool can mine a total of 17 million IOs (85%), while the FDUSD pool can mine 3 million IOs (15%). 
Amid the buzz around IO.NET, Binance Coin (BNB) has surged past $700, hitting an all-time high. BNB is <a href="https://coinmarketcap.com/currencies/bnb/" target="_blank" rel="noreferrer noopener nofollow">currently priced at $707.89</a> with a 24-hour trading volume of $2.75 billion. Despite a slight 1.48% surge in the last 24 hours, BNB has climbed 19.74% over the past week. With a circulating supply of 150 million BNB, it boasts a market cap of $104.06 billion, showcasing Binance’s market strength and growing user confidence. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/06/06/binance-to-introduce-50-new-altcoin-pairs-to-enhance-trading-variety/" target="_blank" rel="noreferrer noopener">Binance to boost copy trading with 50 new pairs</a> 
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Binance Unveils IO Launchpool for AI & Cloud Revolution

The Crypto Times

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