Revolutionizing the landscape of decentralized physical infrastructure, io.net has unveiled its native token launch on the esteemed Binance exchange. The IO token will be introduced via Binance Launchpool, offering users an opportunity to engage in farming activities utilizing staked BNB and FDUSD to secure allocations.

Scheduled to kick off on June 7, the IO farming initiative on Binance Launchpool invites users to stake BNB or FDUSD into dedicated pools for a four-day period. During this window, participants can earn a portion of 4% of the total IO supply, amounting to 20 million tokens. Notably, 17 million IO tokens have been allocated for the BNB pool, with the remaining 3 million designated for the FDUSD pool.

Upon the conclusion of the farming phase, Binance will officially list the IO token on June 11 at 12:00 UTC. Traders and enthusiasts can access IO through various trading pairs including IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. At listing, 95 million IO tokens, constituting 19% of the total supply, will be made available for public trading.

The adoption of the Binance Launchpool mechanism ensures an equitable distribution of tokens, enabling a diverse and extensive global community to actively participate. This inclusivity is pivotal in decentralizing projects and ensuring widespread ownership of tokens.

With a fixed supply of 800 million tokens, IO utilizes a gradual emission model to reward suppliers and stakers contributing to io.net's decentralized AI compute network over a span of 20 years. The emission rate starts at 8% in the initial year and progressively decreases until reaching the 800 million cap.

Beyond its utility in farming and trading, the IO token serves as a governance instrument, empowering holders to influence decisions beneficial to the protocol and its stakeholders. Through this collaboration with Binance Launchpool, io.net aims to foster wider distribution of IO tokens, thereby enhancing decentralization across its network.

About io.net:
io.net stands as a decentralized physical infrastructure network (DePIN), offering on-demand decentralized GPU Clusters sourced from geo-distributed locations. By democratizing access to GPU compute capacity, io.net reduces costs, accelerates lead times, and expands options for businesses and developers alike.