BIO Genesis Auction

During each round of BIO Genesis, multiple auctions will run in parallel, one for each eligible bioDAO token. Each auction will have a cap, limiting the amount of that token that can be swapped for BIO. Once a token's cap is reached, no new deposits will be accepted for that given token. At the conclusion of the Genesis Event, 50% of BIO generated will be unlocked immediately, with 50% unlocking linearly over 1 year. BIO will be non-transferable for a period of time after BIO Genesis concludes, after which BIO governance can vote to make the token transferable.