Community Voting for Biswap New Network!​​ | Biswap Evolution to Multi-Chain Platform!

Despite being a top 2 DEX on the Binance Smart Chain network, it is time for Biswap to move forward and expand its operations to new blockchains. It is time for Biswap to start a new chapter.

We’re extremely grateful for the tremendous support, loyalty and resiliency shown by each and every member of our community. After extensive research the team has come to a conclusion that making Biswap a multi-chain DEX is the way to boost the project with new users, liquidity and TVL.

New networks attract millions of crypto users that migrate from already existing networks in an effort to save on transaction costs and speed up their operations. New networks offer new opportunities not only for the end-user but also for projects like Biswap as they can be used as a way to expand its user-base, and attract more liquidity.

When operating within one network a project is limited to the number of users using this network as well as the financial resources being in circulation within this network. Scalability is extremely important because expansion brings more users, hence greater financial inflows. One of the ways to scale Biswap is expanding its operations to new networks that have a wide user-base and high TVL. We cannot avoid the opportunities new blockchains offer, we have to embrace them.

The list of potential benefits new network might bring is:

🚀 Biswap exclusive features on other networks 🚀 Greater choice for Biswappers 🚀 Expand of rewards earning potential 🚀 Best conditions among DEXs on another chain 🚀 Simplification of cross-chain trading 🚀 Powerful extension of the Biswap Metaverse 🚀 Strengthening of BSW token and its utilities 🚀 More fruitful collaborations 🚀 Widening of community 🚀 Interoperability

While our internal systems are being prepared for multi-chain integration, we would like to hear your opinion on the network that you think Biswap should go for. To help you make up your choice, we have prepared a comparison analysis of the two networks that currently have the one of the largest user-base and total value locked: Fantom and Avalanche. These are the networks Biswap is currently considering.

Biswap has always been a project that totally focuses on the behavior of its users as they are the reason we’re here. We have always been committed to those we serve. For that reason, Biswap would like to hear the opinion of its community. Therefore, we invite you to participate in the community voting and voice your thoughts on the first new chain that will be added to Biswap.

Avalanche and Fantom take the leading positions by TVL after Ethereum and BSC. Hence, the decision on the next chain will be centered around these two networks.

Here are the proposals: You can vote for one of the following options:

🔥Option 1: Add Fantom network $8.89 billions Total Value Locked 30 809 Top Fantom DEX Daily Users $178 718 736 Daily Trading Volume on Top Fantom DEX

🔥Option 2: Add Avalanche network $11.3 billions Total Value Locked 28 864 Top Avalanche DEX Daily Users $135 319 246 Daily Trading Volume on Top Avalanche DEX

❌Option 3: No changes This option will open no new ways of development to Biswap and its users.

📍 Another important statement to be made is that Binance Smart Chain will always remain a priority network for Biswap. All the new products, features, and services will be developed and launched on BSC first and only then deployed to other networks. 📍As we operate in the DeFi space, the Biswap team assumes no responsibility or liability for the wallets participating in this community voting as this is out of our control. Biswap has never made use of the team’s tokens to manipulate the results of the community voting nor is planning to do so in the future. 📍Any reliance you place on the information provided by unofficial Biswap’s channels is therefore strictly at your own risk. Under no circumstance shall Biswap be held liable for the wallets participating in the current community voting. The results of this voting shall be considered accurate and fair, therefore representing public opinion. Everyone has the right to voice an opinion.

Closing Thoughts

Our mission, vision and values remain unchanged and unwavering. For this reason, it is our responsibility to make the decisions that will guarantee our token holders long-term growth and attractive returns on their investments. The financial security we seek to help our users achieve is not created overnight. It is a long-term endeavor, and we take a long-term approach.

We, the Biswap team, remain committed to being your partner in all aspects, to be here when you need us, provide you with the leading technology, offer innovative solutions, unrivaled flexibility and everything else needed to ensure success now and in the future.

Terms & Conditions

The voting period is from 14-19 February, 04:30 PM UTC The voting counts BSW tokens in BSW Holder Pool, BSW Auto-compounding Launchpool, Manual BSW Launchpool, and BNB - BSW, USDT - BSW Farming Pairs. If less than 51% of users vote for “No Changes”, one of the remaining Network will be chosen based on the higher number of votes. 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 locked in Farms & Launchpools. Your BSW tokens will stay with you.