Summary

This proposal aims to expand BIO's presence by deploying the BIO token on the Base blockchain. This will allow the protocol to establish liquidity pools to enhance accessibility to the BIO token and other tokens in the BIO Ecosystem. It will also lay the groundwork for the deployment of the BIO protocol on the Base blockchain.

Background

As the DeSci ecosystem continues to grow across multiple chains, it's crucial for BIO to establish its presence on emerging chains that align with our mission. Base represents significant opportunities due to its user-friendly UX, growing DeFi ecosystems, and engaged community.

Proposal Details

If this proposal passes, the BIO community accepts the BIO Association to:

• Establish cross-chain bridge infrastructure for seamless token transfers on/off Base
• Deploy BIO token contracts on the Base chain
• Grant the BIO Association permission to
  • Deploy liquidity pools on Base with approximately $1M in liquidity
  • Actively manage liquidity pools on the Base chain to optimize for capital efficiency in liquidity pools

Conclusion

By expanding to Base, BIO will increase its accessibility, liquidity, and community reach. This strategic expansion aligns with our mission to grow the DeSci ecosystem while maintaining efficient capital deployment across chains. The multi-chain approach will position BIO for sustainable growth and broader adoption in the evolving blockchain landscape.