Saw “D1ckDAO” on @BioProtocol and thought it was just a meme?
Good. It worked. You’re here.
Now let’s show you how we’re reversing your D-Age™ and revolutionized DeSci
Here's the game plan. The D1ckDAO MEGETHREAD🧵🧵
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Weekly @bioprotocol round-up:
Our North Star: automating science on-chain through tokenized data and IP, autonomously stewarded by Bio DAOs. Highlight: @vitarnabio launched a $1m token issuance this week to commence with animal studies - this means a novel mRNA longevity gene therapy funded entirely by @vitadao may enter large organisms soon.
Since $BIO became transferable last week, we've shifted into intensive dev mode. Key insight: while we've gained significant mindshare in crypto, our priority now has to be attracting world-class scientists into the ecosystem to produce real impact.
👯♀️ We're incubating 13+ DAOs at the moment — an incredible wave of talent coming in and they’ll run on our new liquidity protocol that combines bonding curve fundraising with automated milestone based LP deployment
🛳️Devs are devving full force, but we need more manpower esp bc we're cross chain. If you want to build the future of science and have EVM / Rust experience - we want you: https://t.co/nRljK1i3rX
✅🌉 BIO successfully bridged to Solana yesterday, laying the groundwork for our cross-chain DeSci protocol. We also had an epic call with the Base team this week.
✅🤖 I got a message earlier that the @vitadao@aubreydegrey longevity agent just became sentient
🎇 @QuantumBioDAO team just moved into a new lab and is shipping - TGE soon
✅ @longcovidlabs $COVID auction is LIVE and already hit its minimum threshold; @endrarediseases $CURES auction coming soon! These are the last DAOs launching with the old batch auction design.
💹 Liquidity pairings going live soon - we are deep in tokenomic modelling and feedback, follow along on Commons. We also got @redstone_defi the first DeFi oracle into DeSci linked up
So much more to cover, but hope this gives an overview of whats happening under the hood. Feel free to comment if you'd like more details - will share this weekly and improve the format
It’s time to go deeper down the DeSci rabbit hole, anon
> Start a new BioDAO: https://t.co/ww3TcfdLOI
> Contribute to a BioDAO (as a scientist, builder, designer or creator): https://t.co/AY3YfWbqHk
> Join the community: TG (https://t.co/BQ3lWTWNel), Discord (https://t.co/TSfzJouSmK)
There's an interesting game playing out right now in the $BIO Genesis Auction 👀
BIO is a new protocol that uses DeFi dynamics & real-world IP to grow an ecosystem of living, adaptive scientific networks.
BIO Genesis is a token generation event with a twist: you can only use DeSci tokens to get BIO. $VITA, $RSC, $NEURON, $GROW & more 🧪
8 DeSci tokens are eligible, creating 8 concurrent fair-launch auctions.
A little more than 24h since Genesis went live, $3.17m of the $5.5m goal has been reached!
Where things get interesting...
Each eligible DeSci token has a fixed amount of BIO allocated to it, limiting the amount of that token that can be swapped for BIO. Once the max amount is filled, the auction for that token is closed and the price of BIO per DeSci token is settled.
If the cap for a given token auction is not filled by the deadline (Aug 19), then the protocol will distribute all the BIO allocated to that token to users who swapped with that token.
Meaning, if token A is only half filled at the end of Genesis, then each user who swapped with token A gets 2X the amount of BIO they would get compared to if token A was entirely filled.
This means to get the most BIO for your DeSci token, contribute to the least-filled auction. But if you wait too long, and the auction is totally filled, you’ll have to wait for future Genesis rounds. Four rounds are planned in total, each starting from a different BIO valuation.
So pull out your pencils and may the best DeSci degens win!
You're gonna want to want to register for this.
As Open Ronin arrives, teams will increasingly use this tool for airdrop calculations.
🔗 : https://t.co/KnoPxmSD8M
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It's time to accelerate the #bioacc movement - from wetware, to software to dreamware 🧪
Join me in signing the manifesto and accelerating biotech ➠ https://t.co/TEGxKn6hmw
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