DeSci Protocol BIO Protocol launches community proposal to "cross-chain BIO to Solana network"
On December 26th, DeSci Protocol's BIO Protocol initiated a community proposal to "cross-chain BIO to the Solana network", with the aim of enhancing the accessibility and liquidity of the BIO token and other tokens in its ecosystem by deploying cross-chain bridges and liquidity pools. The proposal plans to deploy the BIO token contract on Solana and allocate an additional 1% of the funds in the ecological incentives to establish liquidity pools on Solana and potentially other chains, with a target liquidity depth of approximately $1 million. In addition, the liquidity pool will be actively managed by the protocol to optimize capital efficiency.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
