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BiswapBiswapby0xB9BcFBF87f02272a76b7387E268A857A33511bD10xB9Bc…1bD1

Voting for Emission Reduction | Make BSW Stronger

Voting ended about 4 years agoSucceeded

Biswap is breaking new records and moving ahead in the industry. Conquering higher levels and stepping on a new stage only means a great motivation for the team to break through even further. There is no stop sign for Biswap, only the route forward which requires a lot of effort and significant decisions which will fuel Biswap progress.

The Biswap team values its native token BSW and tokenomics as a whole, therefore in a constant manner applying methods for its enhancement. As a robust project with great aspiration for development, Biswap wants to take another important decision and add incredible power to the BSW token.

As you know, the planned BSW emission reduction from 28 to 26 tokens per block took place on December 2. The cost of the BSW token at the time of the emission reduction was $ 1.07. After the reduction the price is now over $1.5 for BSW.

Considering the current BSW price and the upcoming launch of Biswap GameFi (22 - 29 December), in which users need to constantly buy BSW to participate, it is the right moment to take BSW to more potent levels.

The Biswap team offers to increase the value of the BSW token by decreasing the emission of BSW tokens from 26 tokens per block to 20 tokens per block. It means that the supply for BSW will decrease, meanwhile strengthening its value and positively influencing the price as the number of BSW tokens released to the market would be much lower.

As you know Biswappers, the improvement of the project is not possible without your feedback, support, and dynamic energy. Each one of you is the main navigator in the further rise of the global Biswap DEX in DeFi.

If we look back we will see how many great innovations, ideas, releases, and features have been implemented thanks to our common decisions and synergy created by the project and Biswap Community itself.

For this reason, Biswap needs your voice and support in taking this vital decision which will notably impact the advancement of BSW.

Advantages of the BSW Emission Reduction:

  • 5 184 000 tokens less will be released each month, which will positively affect the strengthening of BSW token price
  • More benefits for BSW Holders
  • Increase BSW value in DeFi
  • Greater demand for BSW
  • Higher position of BSW token in top crypto rankings

As you see, this decision will have a bright and positive impact on BSW and its holders. New utilities will be opened along with new lucrative possibilities for users of biswap.org!

Here are the proposals:

You can vote for any of the following two options:

🔥🔥🔥 Option 1: Make BSW Stronger
 Reduce BSW Tokens Emission from 26 tokens per block to 20 tokens per block that will reduce emission by 5 184 000 tokens monthly

❌ Option 2: No change
 Leave BSW Tokenomics unchanged that will not significantly impact the BSW token growth.

Terms & Conditions

  1. The voting period is from 14/12/2021 to 16/12/2021
  2. If the number of votes is 51% or more for option “Make BSW Stronger”, the implementation date of token emission reduction, from 26 to 20 tokens per block, will be announced by the Biswap team after the voting completion.
 3.Despite the voting outcome, the allocation of 600 million BSW tokens in tokenomics will be distributed by the initial ratio:

Farms / Launchpools: 80.7% per block
 Referral Program: 4.3% per block
 SAFU: 1% per block 
Team: 9% per block
 Investment Fund: 5% per block

  1. Once voted, you will not be able to vote again.
  2. There is no need to unstake your BSW tokens from Farms and/or Launchpools to vote. The system will automatically sum up all your tokens on the wallet and those locked in Farms & Launchpools. Your BSW tokens will stay with you.

Off-Chain Vote

🔥🔥🔥 Make BSW Stronger
12M 94.4%
❌ No change
707.61K 5.6%
Download mobile app to vote

Timeline

Dec 14, 2021Proposal created
Dec 14, 2021Proposal vote started
Dec 16, 2021Proposal vote ended
Oct 26, 2023Proposal updated