Bio Protocol is an Ethereum-based decentralized platform—part of the DeSci (Decentralized Science) movement—crafted to accelerate biotechnology by enabling community-governed funding of scientific research through BioDAOs. It builds on the team’s previous work with Molecule and VitaDAO, leveraging a robust foundation in on-chain science collaboration.
The BIO token serves as a multifunctional governance and utility asset within the ecosystem. Holders can lock BIO as vBIO to stake, gain governance rights, participate in curation, and vote on which BioDAOs receive funding. Accepted projects yield exposure to IP, BioDAO tokens, and early access via Ignition Sales.
Beyond governance, Bio Protocol offers mechanisms to provision liquidity for BioDAO tokens, facilitate secondary markets for scientific IP, and issue milestone-based rewards (bio/acc) to incentivize progress in funded projects. It also incorporates tools like IP-NFT auctions and cross-chain bridges to Ethereum, Base, and Solana to enhance accessibility and efficiency.