Biswap is a decentralized exchange (DEX) built on the BNB Chain. Biswap offers low transaction fees and has a GameFi dapp.
BSW is the native token of the project. The current use cases for BSW include:
Governance: Users can vote for proposals.
Liquidity Incentive: Users can provide liquidity and stake to receive BSW rewards
Value Accrual: A portion of protocol revenue is used to buy back and burn BSW tokens.
The project consists of the following major components working in conjunction:
Biswap Exchange: An automated market maker (AMM) with a trading fee of 0.1%.
Launchpools: Users can stake BSW to receive other tokens as rewards.
IDO Launchpad: Blockchain projects can launch their tokens through Initial DEX Offering (IDO) on Biswap Launchpad.
NFT Marketplace: The marketplace charges 1% of the commission fee.
NFT Earn: Users can stake NFTs to receive rewards in BSW or other tokens.
Lottery: Users can purchase tickets to win prizes.
Squid NFT World: A Play-to-Earn NFT game.
As at March 21st 2022, the maximum token supply of BSW is 700,000,000 and the total supply is 249,260,765. The current circulating supply is 227,357,462 (~32% of the total token supply).
Learn more about the token distribution of BSW here.
Biswap (BSW)
A Decentralized Exchange (DEX) Built on the BNB Chain.
Mar 21st, 2022