io.net announces IO farming on Binance Launchpool and Binance token listing

Decentralized physical infrastructure network io.net has announced that its native token will launch on the world’s leading crypto exchange, Binance

— . The IO token will be issued on Binance Launchpool, where users can farm it using staked BNB and FDUSD to earn an allocation.

Following the completion of the farming period, Binance will list the IO token on June 11 at 12:00 UTC with the following token pairs: IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. Upon listing, 95M IO, comprising 19% of the total supply, will be unlocked and available to the public. IO has a fixed supply of 800M, 300M of which will be emitted gradually for suppliers and stakers who contribute to io.net’s decentralized network for AI compute. Rewards will be distributed over a period of 20 years with a disinflationary model beginning at 8% in the first year and decreasing gradually until the 800M cap is reached.

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