Biswap (BSW)
A decentralized exchange (DEX) Built on the BNB Chain.- 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.