Pythscan

Abstract

Project Overview:
- Bio is a new financial layer for funding and developing early-stage biotech. Our mission is to reshape how biotech breakthroughs are born by enabling global communities of patients, researchers and crypto users to create user-owned research networks that fund and develop new and emerging biotechnologies from day one.
- At its core, Bio is designed to help scientists raise funds for their research, create value from that research, and capture and distribute that value via commercial successes.
- By breaking down traditional biotech barriers and introducing a permissionless framework, Bio can accelerate life-saving discoveries while making them more accessible to all.
History and Development:
- Has been providing liquidity and launchpad services for on-chain scientific research DAOs since 2022 as part of Molecule AG. Spun out of Molecule AG as its own Protocol at the start of 2024.
- Since then has been building out a liquidity protocol, launchpad services and DAO tooling for DAOs funding and managing scientific research
Achievements and Accolades:
- Token and LaunchpadV1 launch on 3 chains: Ethereum, Solana, BASE
- Funded 10 scientific DAOs with more than $30m in assets
Partnerships:
- Partnering for our BIO x AI hackathon with Solana Foundation, ElizerOS, and many more

Rationale

Volume and Listing Venues:
- Coingecko Information: Global Total 24h trading volume: est. $22M as of 4th April
- DEX:
  - Uniswap V3 (Ethereum Mainnet) - Total 24 Volume: $87.6K as of 4th of April
  - Aerodrome (BASE) - Total 24 Volume: $38k as of 4th of April
  - Raydium: - Total 24 Volume: $92k as of 4th of April
- CEX:
  - Binance - Total 24 Volume: $2.71M as of 4th of April
  - OKX - Total 24 Volume : $400k as of 4th of April
  - BitGet - Total 24 Volume : $6.12M as of 4th of April
  - MEXC - Total 24 Volume: $1.5M as of 4th of April
  - Gate.io - Total 24 Volume : $1.5M as of 4th of April
  - HTX - Total 24 Volume : $1.89M as of 4th of April
  - Many more Full list at Coinmarketcap here
Use Cases:
- Launchpad implementation: Launching bio/DAO pools on DEX after a fundraising stage of our protocol at the proper valuations. Price feed is used to get realtime data on current token prices for proper price setting. Docs of the launchpad: Launchpad | BIO
- An implementation with borrowing and lending protocol morpho is also discussed. Bio would be used as collateral for borrowing stable assets.
Protocols and Applications:
- Bio Protocol
- Morpho
Verticals:
- DeSci
- DeFi

Proposed Plan

Monetary Compensation: 30k USDC
Usage and Demand:
- Bio Launchpad: automatic liquidity pool deployments for DAOs that successfully finished the launchpad process.
- Borrowing and Lending Protocols Morpho: Exact demand to be estimated.

References

Price Feed Request: Bio Protocol (BIO)