Biswap (BSW) is a decentralized exchange (DEX) for BEP-20 tokens on the BNB Chain (BSC). Biswap promises the lowest transaction fees of all BSC exchanges at 0.1%. It is committed to innovation in the DeFi sector through its high-quality products and services. Its referral system allows users to invite others and receive referral fees from farms, launch pools, swaps, and a lottery.

The core products of Biswap include standard DEX features such as an AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad. In its roadmap, Biswap sets the following goals:

> Listing on major crypto exchanges

> Improvements to its NFT marketplace

> Cross-chain support

> Loans & lending

> A swap referral program.

In addition, Biswap announced a global incentive program worth $10 million to collaborate with other BSC projects. Partners can expect a 90% refund of fees, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development.

Biswap (BSW) primarily sets itself apart from other decentralized exchanges due to its lower transaction fees. Compared to PancakeSwap, MDEX, ApeSwap, and other BSC DEXs, Biswap charges only a 0.1% fee instead of 0.25% or 0.3%.

Biswap returns 0.05% of this fee as a reward to liquidity providers and uses the remaining 0.05% for burning BSW coins. Although Biswap reserves the right to increase the fee and use a portion for the team, it commits to keeping the fee below the industry average.

Users can participate in mining with transaction fees, receiving up to 90% of the 0.1% swap fee, depending on the trading pair. Additionally, they can supply pools with liquidity and earn BSW farming rewards. Another notable feature of Biswap is its NFT marketplace, which allows users to purchase NFTs with BNB, USDT, BUSD, and WBNB.

BSW operates as a BEP-20 token on the BNB Chain and uses the Proof-of-Stake (PoS) consensus mechanism to ensure network security. Every 24 hours, 21 validators are selected to validate transactions and maintain the integrity of the blockchain.

To qualify, these validators must stake a certain amount of BNB tokens with Binance. Biswap has introduced a bug bounty program encouraging individuals to identify and report security vulnerabilities. Depending on the severity of the reported security issues, Biswap pays rewards between $10 and $100,00.

CertiK, a reputable DeFi audit firm, has subjected Biswap to a thorough review to increase the project's credibility. With a Total Locked Value (TLV) of over $350 million, Biswap offers a solid security position. In July 2021, Biswap also received the Binance "Most Valuable Builder II" (MVBII) Award, making it one of the most highly valued decentralized exchanges.

Biswap was launched in 2021 and listed 27 team members on its website. The entire team features as pseudonyms with comic avatars on the page.

The CEO is "EK," a crypto veteran with seven years of experience in the industry. Almost every member of the Biswap team lists several years of experience in their respective field.

Firstly, Biswap aims to stand out from other decentralized exchanges by offering lower transaction fees. For example, Biswap claims to charge only a 0.1% fee compared to 0.25% on PancakeSwap, 0.3% on MDEX, ApeSwap, and other BSC DEXs.

Secondly, Biswap provides core products, including standard DEX features such as an AMM, liquidity pools, yield farming, an NFT marketplace, and an IDO launchpad.

Thirdly, Biswap has an NFT marketplace where users can purchase NFTs with four cryptocurrencies: BNB, USDT, BUSD, and WBNB.

Fourthly, Biswap offers an IDO launchpad that allows other blockchain projects to launch their tokens through Biswap. The DEX claims to have more than 300,000 active DEX users and attracts new projects with its $10 million incentive program.

While it is impossible to offer a reliable BSW crypto price prediction over any timeframe, you could monitor the following factors to get a better understanding of how the Biswap price moves:

Affordable Transaction Fees

One of the main advantages of Biswap is its low transaction fee. It could attract more users and thus positively impact the price of BSW tokens.

Unique Features

Biswap provides various unique features that set it apart from other DeFi platforms. These include an NFT marketplace and an IDO launchpad. The popularity and usage of these features could increase the demand for BSW tokens and thereby boost their price.

Incentive Programs

Biswap has various incentive programs, including farming and staking options and a referral program. These incentives could help build an active and engaged community, positively affecting the BSW price forecast.

BNB Chain Integration

Finally, Biswap operates on the BNB Chain (BSC), known for its scalability and low transaction costs. The integration with BSC could improve the accessibility and user-friendliness of Biswap, attracting more users to the platform and positively influencing the BSW price.

BSW, the governance token of Biswap, has a maximum supply of 700 million tokens. The distribution of these tokens follows a specific model that targets various aspects of the exchange.

BSW Token Distribution

Out of the 700 million BSW tokens, 600 million are distributed as follows:

Farming / Launchpools: With a share of 80.7%, this represents the most significant portion of BSW tokens. These tokens are used as rewards in Biswap's farms and launch pools.

Referral Program: 4.3% of the BSW tokens are reserved for Biswap's referral program. Through this program, users can earn additional rewards by bringing new users to the platform.

SAFU (Secure Asset Fund for Users): An emergency insurance fund for all users, comprising 1% of the BSW tokens. This fund is a safety net intended to help users in unforeseen circumstances.

Team: 9% of the BSW tokens are reserved for the team behind Biswap. This share compensates team members for their efforts and contributions to the development and maintenance of the platform.

Investment Fund: The remaining 5% of the BSW tokens flow into the investment fund, which strategically invests in projects that have the potential to strengthen and expand the Biswap platform.

Use of the Remaining BSW Tokens

The remaining 100 million BSW tokens were initially reserved for transaction fee mining. However, after voting, the token redistribution changed as follows:

1. Seventy million BSW tokens are used for NFT (Earn), GameFi (Play to Earn), and strategic partnerships.

2. The remaining 30 million BSW tokens continue to be used for transaction fee mining.

Please note that this distribution may change over time, as Biswap is a community-driven platform, and token holders can make changes through voting.

Biswap, an advanced decentralized exchange (DEX) and yield farming platform, is partnering with two industry-leading platforms, Helio Protocol and OKX Wallet, to revolutionize the decentralized finance (DeFi) landscape and enhance the user experience.

Biswap and Helio Protocol are joining forces to redefine DeFi and provide advanced farming opportunities, seamless token swapping, and more. Helio Protocol is an open-source liquidity protocol designed for borrowing and generating returns on its native coin, HAY. The protocol improves capital efficiency for over-collateralized stablecoins and offers a range of features, including Collateral Debt Positions (CDPs), Liquid Staking, and governance participation with HELIO tokens.

The partnership includes listing HAY tokens on Biswap DEX, introducing a HAY-USDT pair with a 0.75x multiplier for farming, and allowing users to earn BSW and HAY through Biswap Launchpools. Additionally, users can increase their earnings by depositing their assets in Helio's Boosted Vaults with the Biswap HAY/USDT LP.

Moreover, Biswap is expanding its reach through an exclusive partnership with OKX Wallet. This comprehensive Web 3.0 platform enables convenient access to over 1,000 dApp protocols.

The collaboration between Biswap and these platforms highlights the strength of strategic partnerships in the DeFi space. By offering integrated and user-friendly solutions, they contribute to the advancement and accessibility of blockchain technologies and decentralized finance.