BIO Protocol Community Launches Proposal to Cross-chain BIO to Solana Network

The DeSci Protocol BIO Protocol community launched the "BIO Cross-chain to Solana" proposal, which aims to expand its influence by deploying BIO tokens on the Solana blockchain. This will allow the protocol to establish a liquidity pool to enhance the accessibility of BIO tokens and other tokens in the BIO ecosystem, and will also lay the foundation for the deployment of BIO Protocol on the Solana chain. If the proposal is passed, the BIO community will accept the following actions of the BIO Association: -Build cross-chain bridging infrastructure to achieve seamless token transfers on/off the Solana blockchain; -Bridge BIO tokens by deploying the BIO token program on Solana; -Grant the BIO Association the authority to take the following actions: ·Allocate an additional 1% from the ecological incentives to the market liquidity fund for the deployment of liquidity pools on Solana and potentially other chains; ·Deploy a liquidity pool on Solana with a liquidity depth of approximately $1 million, distributed across a concentrated and wide range of liquidity; ·Actively manage the liquidity pool on the Solana chain to optimize the capital efficiency of the liquidity pool.