Introducing Bio/Acc Rewards: A Programmable Incentive Layer for Biotech
BIO has officially passed Bio/Acc Rewards, creating a new programmable incentive layer for biotech DAOs and onchain biohackers dedicated to our vision.
Per the BIOPSY-5 proposal, 4% of the BIO token supply (132.8M tokens) will be allocated to Bio/Acc Rewards, incentivizing bioDAOs and their members to take actions that contribute to the network's overall value. BioDAOs and users that contribute value to the network stand to accrue more network ownership via BIO tokens.
Why reward bioDAOs?
The goal of launching the BIO token is to leverage crypto-incentives to accelerate the growth of our community, as well as its research and products.
BioDAOs are the engine that powers this process, enabling key decisions around the funding, development, and eventual monetization of scientific IP.
Rewards are a crucial component to keeping this flywheel spinning.
Bio/Acc Rewards will be issued by BIO in the form of BIO tokens to bioDAOs that reach key milestones as well as individual users who help increase the value of bioDAOs (and in turn, the value of the BIO network). Network value is measured by AUM, the value of non-native assets in BIO reserves and bioDAO treasuries.
Rewards will incentivize members to contribute regularly to bioDAOs and increase economic alignment between DAO members and the BIO community. This opportunity is something missing from traditional biotech, which often revolves around closed scientific funding and incentive models.
What actions will earn rewards?
Bio/Acc Rewards incentivizes bioDAOs to achieve key milestones, including:
• Consumer product launches with significant revenue
• Successful IP-Token launches
• Conducting decentralized clinical trials
• Token auctions via the BIO Launchpad
Rewards can also flow directly to users of bioDAO products, incentivizing biohackers through activities like:
- Using bioDAO products (Follistatin, Vitarna, cybernetic implants, etc.)
- Contributing to clinical trials or self-reporting health data
- Buying bioDAO products in online/offline stores
Additionally, we will issue retroactive Bio/Acc rewards to recognize the historic economic impact of bioDAOs that have achieved these milestones.
Retroactive rewards are fully vested, while future Bio/Acc Rewards will be vested linearly for 24 months. A Bio/Acc Cell, similar to a multisig or subDAO, will be responsible for evaluating the eligibility of a bioDAO to receive or distribute rewards.
How will Bio/Acc Rewards be tracked?
To drive desired outcomes through open data, BIO will build DeSci Data Rooms to track Bio/Acc Rewards and the health of the entire BIO ecosystem. These transparent data channels will measure progress before and after bioDAO’s reach specific milestones across various metrics including:
• Research funding efficiency (value of IPTs/value of grants)
• bioDAO treasury value
• Community activity (e.g., weekly active Discord users)
From open data tracking to tokenized, community-powered incentives, Bio/Acc rewards are a critical next step in our vision for growing onchain bio-economies — you get what you put in.
Check out the Snapshot proposal for an in-depth breakdown of rewards metrics and criteria — then head here to find a bioDAO that’s right for you.
