Bio V1 Curation: Commit Your $BIO, Get Discounted BioDAO Tokens
Announcing the upcoming launch of Bio Curation — going live this Monday, March 31, with three new BioDAOs!
During Curation, BIO token holders determine which new BioDAOs gain access to funding in the new Bio V1 launchpad. Commit your BIO, get discounted BioDAO tokens.
How It Works
• During Curation, if enough BIO tokens are deposited by the community within a 7-day period, the BioDAO moves onto the funding phase.
• If the BioDAO’s fundraise is successful, Curators who deposited their BIO with the BioDAO receive the BioDAO’s tokens at a pre-determined discount, rewarding Curators for their early support.
• The discount for the first batch of BioDAOs is set to 10% below the minimum valuation threshold in each BioDAO’s auction — meaning, if a BioDAO raises more than its minimum funding threshold, the discount for Curators will be even larger than 10%.
Ready to Curate? The first round of Curation officially kicks off this Monday, March 31 at 5pm CET with three new BioDAOs: MycoDAO, SpineDAO and ReflexDAO. Once Curation starts, head over to app.bio.xyz - and put your $BIO to work.
Important Note on Bridging BIO: the Bio V1 launchpad is going live as a cross-chain protocol, with BioDAO launches occurring on either Solana or Base. BioDAO launches occur on only a single chain. Meaning, to curate a given BioDAO, you’ll need to bridge your BIO tokens to the chain where the BioDAO is launching. The Bridging front-end is: https://bridge.bio.xyz/
Curation Details
When a new BioDAO enters the Curation phase, it allocates a portion of its token supply to Whitelisted Curators and to Public Curators. Below are details on how that supply is allocated based on milestones in the Curation and Funding process.
Whitelist
- Before public curation begins, a whitelist period is offered to selected contributors. This whitelist typically includes project-affiliated individuals and large BIO holders (e.g. anyone holding ≥1M BIO).
- Whitelisted participants are granted early access and collectively can contribute up to 50% of the total curation allocation.
- This ensures that core community members and strategic partners have a chance to support the project first. (Whitelist contributions are capped by a set allocation of 50,000 BIO; any unused portion opens to the public.)
Public Curation
- After the whitelist window, the curation phase opens to all BIO holders.
- Curation lasts for a 7-day period, or when the Curation threshold is met - whichever comes first.
- BIO token holders can deposit up to 50,000 BIO tokens in a BioDAO’s Curation contract to signal support.
- Users who withdraw their deposited BIO before the conclusion of Curation may be subject to a withdrawal fee (initially set to 5%) to prevent abuse.
Funding
- Once a threshold is reached, curated BIO tokens are locked, triggering the start of fundraising.
- BIO tokens are locked for a pre-set period of time as determined by the BioDAO; for the first batch of DAOs, curated BIO will be locked for 60 days.
- After a successful fundraise, vesting BioDAO tokens are distributed to curators, and the locked BIO is allocated to the BioDAO for liquidity in an AMM.
- BioDAO tokens received by BIO curators are subject to a vesting period with a cliff. Initially these will be set to 6 month vesting and 3 month cliff.
- Should the BioDAO fail to raise the minimum required funds within the designated period, curators may reclaim their deposited BIO after the 60-day lock period has ended.
BioDAO Details
Without further adieu, details on our first-ever batch of BioDAOs up for curation!
1. MycoDAO
Creating the future of mycology via a global, community-driven platform that funds and accelerates fungal research, innovation, and environmental solutions.
Details: https://app.bio.xyz/launchpad/MycoDAO
Website | Twitter | Litepaper | Discord
Curation Parameters:
- Whitelist: No
- BIO required: $275,000 (ca. 2.75M BIO)
- Percentage of token supply: 5
- Valuation at Curation Stage: 5.5 Million (in USD)
Fundraising Parameters:
- Chain: Solana
- Fundraising type: Auction
- Percentage of token supply: 15%
- Minimum funding required: 1 Million (in USD)
- Valuation at minimum funding goal: 6 Million (in USD)
- Maximum funding amount (capped): 2.1 Million (in USD)
- Valuation at maximum funding goal: 14 Million (in USD)
2. SpineDAO
Revolutionizing spine care for millions worldwide. By leveraging blockchain and AI, SpineDAO creates an open platform for optimizing surgical decisions, improving patient outcomes, and democratizing access to spine knowledge.
Details: https://app.bio.xyz/launchpad/SpineDAO
Website | Twitter/X | Litepaper | Discord
Curation Parameters:
- Whitelist: Yes
- BIO required: $150,000 (ca. 1.5M BIO)
- Percentage of token supply: 5
- Valuation at Curation Stage: 3 Million (in USD)
Fundraising Parameters:
- Chain: Solana
- Fundraising type: Auction
- Percentage of token supply: 15
- Minimum funding required: 500,000 (in USD)
- Valuation at minimum funding goal: 3.33 Million (in USD)
- Maximum funding amount (capped): 1.5 Million (in USD)
- Valuation at maximum funding goal: 10 Million (in USD)
3. ReflexDAO
Advancing chronic disease prevention through wearable technology and autonomic nervous system (ANS) tracking. ReflexDAO empowers individuals to own their health data and fuel ANS research and innovation through a token-powered, decentralized network.
Details: https://app.bio.xyz/launchpad/ReflexDAO
Website | Twitter/X | Whitepaper | Discord
Curation Parameters
- Whitelist: Yes
- BIO required: $225,000 (ca. 2.25M BIO)
- Percentage of token supply: 5
- Valuation at Curation Stage: 4.5 Million (in USD)
Fundraising Parameters
- Chain: Base
- Fundraising type: Auction
- Percentage of token supply: 15
- Minimum funding required: 750,000 (in USD)
- Valuation at minimum funding goal: 5 Million (in USD)
- Maximum funding amount (capped): 1 Million (in USD)
- Valuation at maximum funding goal: 6.66 Million (in USD)
Questions? Ask in our Telegram or Discord
Docs and front-end user guides coming soon!
