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

Dec 06, 2024 07:36:20

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ChainCatcher news, 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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