
BIO Protocol expands ecosystem
December 26, 2024
BIO Protocol has announced the expansion of its ecosystem and the deployment of its platform on the Solana blockchain. This move aims to enhance the project's performance and scalability, as well as improve interactions with other cryptocurrency platforms. Solana, with its high throughput and low transaction costs, will be used to implement new solutions in the field of science.
What is included in the initiative?
As part of its initiative, BIO Protocol plans to deploy the BIO token contract on Solana, ensuring integration with one of the fastest and most efficient blockchains. This will significantly reduce transaction times and lower costs.
In addition, the project will create a cross-chain infrastructure that will enable wireless asset transfers between different blockchain networks, opening up new opportunities for flexibility and scalability for BIO Protocol. Moreover, 1% of funds from the ecosystem incentive pool will be allocated to create liquidity for the cross-chain pool, helping to ensure stability and promote ecosystem growth.
The inevitable future
The project's team calls the development of DeSci on Solana «inevitable,» emphasizing the importance of the technological base for creating new products that will unlock innovative opportunities for scientific research.
Integrating Solana into BIO Protocol's infrastructure will strengthen the project's role as a catalyst for scientific innovations and accelerate the development of DeSci (Decentralized Science) — a new field where science and technology meet the blockchain revolution.
A step towards global popularity
One of the key events for BIO Protocol participants will be the listing of the BIO token on Binance, which is set to take place on January 3, 2024. This will provide the project with additional visibility and increase its recognition within the crypto community.
The listing will attract new users and investors, and will also serve as an important step towards further scaling and integration with other financial platforms.