BIOPSY-12 🧪 Bionomics Upgrade

TL;DR

• Bionomics have remained unchanged since the initial Bionomics (Bio Tokenomics) implementation in Q2 2024
• BIO is now completing its genesis phase. To initiate the next phase, we propose the following upgrades to Bionomics:
  • Adjust category labeling to be more representative of the category function
  • Increase allocation to the community with BIO from Core Contributors and propose to Molecule the creation of a Molecule-led Ecosystem Fund

What's Changing	Current	New	Impact
Community Allocation	49%	56%	+7% to community
Core Contributors	28.2%	21.2%	-7% from team
Ecosystem Fund	0%	5%	New molecule-led ecosystem fund

Introducing the Bionomics Upgrade

Based on community feedback, the BIO team proposes to upgrade the current Bionomics. This proposal takes two steps to do so:

• Step 1 - Category Update: Update the categorisation of the Tokenomics to clarify the positioning of each allocation
• Step 2 - Increase Ecosystem Incentives: Increase the size of the allocation reserved for ecosystem building and community incentives
  • Ecosystem Incentives: Move 7% of token supply from the Core Contributor allocation to the Ecosystem Incentives
  • Molecule Ecosystem Fund: Propose to Molecule the creation of a Molecule-led community fund with 5% of token supply.

Step 1 - Category Update

The changes in this step do not change allocations for any stakeholder, but rather they re-label them into more understandable categories.

1. Community Airdrop (6%): Three categories will be bundled into the community airdrop category. These are bioGenesis Members (1%), Ecosystem Airdrop (3%) and BioDAO cohort airdrop (2%).
2. Ecosystem Incentives (18%): The Treasury Reserves in the previous categorisation are re-labeled to “Ecosystem Incentives” (14%) and will include the category of “bio/acc incentives” (4%).
3. Molecule Shareholders (0%): Molecule Shareholders bucket is split up and distributed onto other categories:
   1. Core Molecule Contributors (8.2%) are being added to the “Core Contributor” category
   2. Molecule Investors (7.3%) are being added to the “Investor” category
   3. Molecule Advisors (4.5%) are being added to a new category “Advisors”
4. Core Contributors (28.2%): "BIO Core Contributors” (20%) are being renamed to Core Contributors. “Core Molecule Team”(8.2%) are being added to Core Contributors as it represents the people who are building the BIO tokenization infrastructure.
5. Investors (13.3%): Strategic Investors (6%) is re-named “Investors” and Molecules Investors from the Molecule Shareholder bucket are added (7.3%).
6. Advisors (4.5%): Molecule core team members and strategy advisors that advise BIO on all things BioTech and on-chain IP are being spun out into their own category named “Advisors”
7. Community Auction (20%): Genesis Swap (20%) is re-labeled to “Community Auction”.

Step 2 - Increase Ecosystem Incentives

The changes in this step address community feedback around the size of ecosystem incentives:

1. Core Contributors: Reduce the Core Contributor allocation from 28.2% to 21.2% and move the 7% into “Ecosystem Incentives”. This increases the ecosystem incentives from 18% to 25% of the total token supply.
2. Molecule Ecosystem Fund: We propose to Molecule the creation of a Molecule-led Ecosystem fund supporting ecosystem initiatives with half of their BIO allocation. The Molecule Ecosystem Fund, with 5% of the total token supply, aims to support community and ecosystem-led initiatives around IP tokenization and AI research technologies.

Chart Summary of Upgraded Bionomic

Vesting/Unlocking Terms

The only change to vesting/unlocking terms are the following:

• The allocation moved from core contributors to the ecosystem incentives will be fully vested under the same terms as the Ecosystem Incentives.
• For any tokens moved into the Molecule Ecosystem Fund the current 4-year vesting would still apply.

Table Summary of Upgraded Bionomics

Based on all mentioned changes, the new categorization and allocation can be summarised into the following break-down:

Allocation Buckets	# of BIO	% of Supply	Vesting
Community Airdrop	199,200,000	6%	Public Airdrop: None / bioDAOs and genesis members: 1 yr cliff - 6yr vest
Community Auction	664,000,000	20%	50% liquid, 50% 1yr linear vest
Ecosystem Incentives	830,000,000	25%	no vesting
Core Contributors	703,840,000	21.2%	1yr cliff - 6yr vest
Molecule	166,000,000	5%	4yr vest
Molecule Ecosystem Fund	166,000,000	5%	4yr vest
Investors	451,520,000	13.6%	1yr cliff - 4yr vest
Advisors	139,440,000	4.2%	1yr cliff - 6yr vest

BIO Unlock Schedules

Given the shift of token allocations, this also has an impact on the supply development of BIO. The following graph shows the new supply development over the next 6 years.