The Biswap team constantly searches for new ways of advancement and analyses the DeFi industry. Via the precise evaluation, it is vivid that the market is moving in the prospect of such spheres: NFT (Earn), GameFi (Play to Earn), and Strategic Partnerships between strong projects. Those spheres have epic volumes and thousands of active users on Binance Smart Chain.
The team thoroughly monitors requests from the Biswap community and has received a great number of requests concerning the implementation of new directions which are highly popular in DeFi.
Each one of you is the main navigator in the development of the global Biswap DEX. All your support inspires us to make aims real. Your active participation in the decision-making with Biswap like the Community Voting has shown incredible result: Binance Labs has officially announced the strategic investment in the improvement of Biswap!
Such outcomes of the synergy between the project and community when both support one idea motivates us to reach even higher peaks and we are extremely grateful for all of that!
Due to the reason that together we look in the same direction and you support our decisions, we want to evolve in popular directions like NFT (Earn), GameFi (Play to Earn), and Strategic Partnerships.
Advantages of the Biswap evolvement in the popular directions: π Powerful and greater Biswap ecosystem π New levels and records in DeFi π Strengthening of the BSW token π Involvement of thousands of new users to Biswap DEX π Lucrative opportunities for community π Huge partnerships possibilities π Greater volumes and statistics π BSW token burnings
The Path of Implementing New Biswap Directions Successful releases require a substantial amount of resources. In order to release the prospective directions of NFT (Earn), GameFi (Earn to Play), and Strategic Partnerships in the Biswap ecosystem, it is necessary to affect the BSW tokenomics by redistributing 70 mln BSW tokens for those purposes.
In the meantime, 6 mln BSW tokens got used, during 5 months, out of 100 mln BSW tokens allocated for Transaction Fee Mining (Fee Return) in BSW tokenomics. We see that this amount is a lot for the Fee Return. By taking the dynamic speed of development of the DeFi sector into account, we offer: redistribute 70 mln BSW from the Transaction Fee Mining pool.
πThis amount will be redistributed gradually over a substantial period.
So, 24 mln BSW will be left for Fee Return after Biswap uses 70 mln to expand the ecosystem of the project and provide new products for Biswappers. The future depiction of Biswap tokenomics in favor of new Biswap directions only shows that modifications wonβt negatively influence usersβ earnings or opportunities on Biswap.
The BSW tokenomics could be modified in the following way:
Max Supply: 700 000 000 BSW tokens
600 mln BSW tokens are allocated as follows:
80.7% β Farms & Launchpools 4.3 % β Referral Program 5 % β Investment Fund 1 % β SAFU (Security Asset Fund for Users) 9 % β Team
100 mln BSW tokens will be distributed:
The rest of the Fee Return pool left after the changes in BSW tokenomics (24 mln BSW tokens) is a substantial amount that will continue to reward Biswappers, along with mighty NFT (Earn), GameFi (Play to Earn), and Strategic Partnerships releases implemented for further globalization of the Biswap DEX!
Here are the proposals:
π₯π₯π₯ Option 1: Move towards NFT, GameFi (Play to Earn) and new Strategic Partnerships
80.7% - Farms & Launchpools 4.3 % - Referral Program 5 % - Investment Fund 1% - SAFU (Security Asset Fund for Users) 9% - Team
100 mln BSW tokens from Fee Return will distributed:
70 mln BSW for NFT (Earn), GameFi (Play to Earn) and Strategic Partnerships 30 mln BSW for Transaction Fee Mining.
β Option 2: Keep the tokenomics as it is:
80.7% - Farms & Launchpools 4.3 % - Referral Program 5 % - Investment Fund 1% - SAFU (Security Asset Fund for Users) 9% - Team
100 mln BSW tokens from Fee Return will be kept with no integration of new direction for Biswap.
Terms & Conditions
The voting period is 5 (five) days The choice that will accumulate more than 51% of votes or exactly 51% will win the voting. Once voted, you will not be able to vote again. 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 the ones that are locked in Farms & Launchpools. Your BSW tokens will stay with you. If you are unable to vote on the Biswap Voting page, please vote on the snapshot. BSW tokens which have been staked in the AIRT, ZOON, PCT Launchpools do not participate in the voting.