DeSci Protocol BIO Protocol Launches Community Proposal to Cross-Chain BIOs to Solana Network
2024-12-26 01:09:27
On December 26th, DeSci Protocol BIO Protocol launched a community proposal to "Cross-chain BIOs to the Solana Network", aiming to enhance the accessibility and liquidity of BIO tokens and other tokens in their ecosystem by deploying cross-chain bridges and liquidity pools. The proposal plans to deploy BIO token contracts on Solana and allocate an additional 1% of the funds in the ecosystem incentive to establish liquidity pools on Solana and potentially other chains, with a target liquidity depth of about $1 million. In addition, the liquidity pool will be actively managed by the protocol to optimize capital efficiency.
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