Molecule has taken the lead in establishing the DeSci ecosystem fund and has repurchased RIF and URO to support Pump.science

Dec 6, 2024 07:36:20

according to the official announcement from the decentralized biotechnology protocol Molecule, Molecule will collaborate with Pump.science and the DeSci project BIO Protocol to establish the DeSci Ecosystem Fund, with a funding scale of 166 million BIO (half of Molecule's allocation), to accelerate the on-chain scientific intellectual property.

Molecule stated that it has repurchased $100,000 worth of $RIF and $100,000 worth of $URO to reaffirm its commitment to supporting $RIF, $URO, and Pump.science. The DeSci Ecosystem Fund will: fund on-chain research; support community initiatives; accelerate the on-chain scientific intellectual property; promote sustainable growth.

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