Biswap (BSW)
| Market Cap | $68,799,081 |
|---|---|
| Trading Volume | $4,916,791 |
| Volume / Market Cap | 0.0715 |
| Total Supply | 431,636,007 BSW |
| Max Supply | 700,000,000 BSW |
Biswap is currently trading at $0.1883, after a price change of 0.19% in the last 24 hours.
Ranked as cryptocurrency #283 by capitalization today, BSW market cap is valued at $68,799,081. BSW trading volume reached $4,916,791 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on BSW coin price prediction page.
What is Biswap?
Biswap is a decentralized exchange based on the BNB Chain for swapping BEP-20 cryptocurrencies. The project features Biswap Exchange, an automated market maker. The DEX is facilitated by liquidity providers staking tokens in the pools. The liquidity pools allow users to stake tokens for BSW rewards in the farms. The transactions in the exchange are charged a fee of 0.1%, where 0.05% becomes part of the reward fees for the liquidity providers, while 0.05% is burned to curb inflation.
There are 220,490,009 circulating BSW tokens from a total supply of 257,904,694 and a hard cap of 700,000,000. 600 million BSW tokens are distributed as follows; 80.7% for farms and launchpools, 4.3% for a referral program, 1% for an insurance fund, 9% for the team, and 5% for an investment fund. The remaining 100 million tokens are allocated to NFT, GameFi, transaction fee mining, and partnerships.
Users can stake BSW tokens on Biswap Launchpool. The rewards are measured based on the number of staked assets. Bitswap launchpool enables projects to distribute assets on BNB Chain to users staking tokens in the pool. Biswap was created by a pseudonymous team in 2021.