Announcements Bio Protocol (BIO) will be launched on Gate.io PreMarket PreToken Trading

Bio Protocol (BIO) will be launched on Gate.io PreMarket PreToken Trading

2024-12-24 15:12:44 UTC 33090 Read

BIO/USDT -0.38%

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Gate.io will launch Pre-Market Trading to Bio Protocol (BIO) , the detailed schedule is as below:
PreMint starts time: 09:00 AM UTC, December 25th, 2024
Pre-Market PreToken Trading starts time: 13:00 PM UTC, December 25th, 2024

Pre-Market PreMint page: <div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/premint/BIO" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Join now</span></strong></div></a></div>

Pre-Market PreToken Trading Page: <div style="text-align: center;"><a data-type="gate-activity" rel="nofollow noopener noreferrer"  href="/trade/BIO_USDT?ch=ann42036" target="_blank" style="text-decoration: none;display: inline-block;"><div style="text-align:center;background: #2354E6; padding: 16px; border-radius: 8px; width: 200px; margin: 0 auto;"><strong><span style="color:#fff; text-decoration: none;">Join now</span></strong></div></a></div>

**Note:**
1) The launched Pre-Market Trading is for BIO Points, not the BIO Token.
2) Users can trade BIO Points Pre-Market Trading in advance, before BIO Token Pre-Market Trading is launched on Gate.
3) Gate will launch BIO Token Pre-Market Trading after the Max Supply of BIO Token is confirmed.
At that time, completed orders from BIO Points Pre-Market Trading will be transferred to BIO Token Pre-Market Trading. Gate will complete the conversion of BIO Points to BIO Token for the user based on the actual official Points-to-Token conversion ratio.
4）Please always pay attention to the delivery schedule and complete delivery on time. Failure to comply with the delivery schedule may result in the loss of collateral.

**About Bio Protocol (BIO) :**
BIO is a curation and liquidity protocol for Decentralized Science (DeSci). Their mission is to accelerate biotechnology by giving global communities of patients, scientists and biotech professionals the ability to collectively fund, build and own tokenized biotech projects and intellectual property (IP). 
[Official website](https://www.bio.xyz/ "Official website")｜[Official Whitepaper](https://docs.bio.xyz/bio "Official Whitepaper")

BIO Point Max Supply: 3,320,000,000
BIO Token Max Supply: TBD

**Gate.io Pre-Market PreMint Introduction as follows:**
**What is Gate.io Pre-market PreMint?**
Pre-market PreMint allows investors to lock USDT to mint PreTokens and place orders in the trading market to earn profits in advance.
PreMint Feature Highlights
-Take Profits Early: The seller can sell PreToken at their favorable prices in the trading market without waiting and gain profits earlier.
-Trade Flexibly: The buyer can buy or sell PreToken at their favorable prices or wait for settlement, allowing for more adaptable trading strategies.

**PreMint Feature Rules**
1.The PreMint entry typically becomes available after the pre-market project begins trading. Users can lock USDT through the PreMint entry to mint PreTokens. Once minted, the corresponding PreToken balance will be added to the user’s account.
2.The PreToken trading market will open after a specific period once the pre-market project begins trading. Users can trade their minted PreTokens in the PreToken trading market, following the same rules as other trading pairs.
3.The PreMint entry and the PreToken trading market close before the pre-market project trading ends. After the market closes, a snapshot of each UID’s PreToken balance is taken and then cleared.
4.Users can mint PreTokens during the pre-market trading period and trade them in the trading market.
5.Users who pre-minted PreTokens need to deposit the corresponding project tokens before the settlement time and ensure there are enough project tokens in their accounts. The system will deduct the project tokens from the account and return the locked USDT to the user’s account.
6.After settlement, the system will automatically settle PreToken holders based on the snapshot taken before the market closure. Users will then receive the real tokens and any penalty collateral from non-settling minting users.

**Learn more**
Gate.io Pre-Market Trading: <a href="https://www.gate.io/pre-market" target="_blank" title="">https://www.gate.io/pre-market</a>
PreMint Guide & FAQ: <a href="https://www.gate.io/help/guide/faq/38245" target="_blank" title="">https://www.gate.io/help/guide/faq/38245</a>

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Gate.io Team
December 24th, 2024

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