Updated: December 10, 2021
Biswap ecosystem has continued on its pace to the Metaverse. So the project is in a constant process of growth and expansion. And now, Biswap decided to share its power to open new utilities for prospective projects. Thus we are launching an exceptional offering for marvelous tokens!
Meet first-ever Initial DEX Offering on Biswap Launchpad!
You will enjoy a unique first token offering on Biswap Launchpad on 10 December.
IDO START: 12:00 PM (UTC), December 10
Duration: 6 hours
Initial Price: $0.12 in BSW for one XPS token
IDO Pool: 10 000 000 XPS
The first potent project which has the stroke of luck to enter the BNB Chain with confidence due to the Initial DEX Offering is Xpansion!
Set a reminder to be among the first forward-looking users who will experience the first-ever Launchpad of XPS token on BNB Chain! What a unique chance!
But firstly, let's shed light on the basic concept of IDO on Biswap Launchpad.
What is IDO on Biswap Launchpad?
IDO or Initial DEX Offering is a brand new possibility from Biswap. It’s an effective way for young projects to introduce their token to the most active community on BNB Chain.
For example, decentralized exchanges provide the sale and utility of new tokens on the market for their users. The young project to avail itself of this opportunity to call for more confidence and notable projects to help them gain trust and popularity.
The circumstances could vary from one DEX to another. But Biswap Launchpad worked hard to propose the best conditions of its IDO for prospective projects and our Biswappers. It’s the way it always has been, the way it always will be!
So, the idea of IDO on Biswap Launchpad is in to offer to buy new ambitious tokens for users and provide utilities for earning using this token. It will be a mutually beneficial event for the project and an exclusive opportunity for users to catch the prospective token at the very beginning of its advancement.
Don’t miss such a forward-looking opportunity!
The IDO on Biswap Launchpad will consist of several parts. First of all, it will be XPS public sale on Biswap DEX. Then a variety of new token utilities will come for this token on Biswap, and lucrative opportunities for XPS holders will come within! This is the common way how Initial DEX Offering on Biswap Launchpad will work.
Let’s know more about the first IDO project on Biswap Launchpad!
Meet Xpansion - the First IDO Project on Biswap Launchpad!
Xpansion - is a Play-to-Earn decentralized 4x strategy game that will be set in the nearest future. The game will be based on a sci-fi story: faced with a dying world, the remnants of Earth’s population have launched expedition waves to settle the habitable worlds surrounding nearby stars. The game will evolve into a decentralized sandbox environment with an on-chain economic resource model that is entirely powered by non-fungible tokens and on-chain fungible commodities. Decentralized player governance will mean a game world fully run by its player, open to the interface, and integrated with other on-chain economies. See the vivid trailer of virtual worlds powered by NFTs:
You can become a brave conqueror of unexplored planets and utilize different units to different effects via precious Xpansion NFTs. But the best thing about the game is that it is a Play-to-Earn project. Spend your time with double pleasure!
So we keep diving into Xpansion IDO on Biswap Launchpad. Let’s look over the mechanics of XPS IDO.
How does XPS IDO work, and how to participate on Biswap Launchpad
The initial sale of XPS tokens on Biswap Launchpad will be provided for BSW and will last for 6 hours.
📍Be sure you have BSW tokens in your BEP-20 wallet before the XPS IDO launch.
📍The BSW price for the one XPS token will be set in one hour prior to the IDO launch.
📍You will need BSW tokens for the next IDOs; the details about the next IDOs will be revealed soon by the Biswap team.
Users will have the unique possibility to get worthy tokens which will be first-ever sold on BNB Chain!
USDT token was chosen for the 1st IDO to enable all new and experienced users to join Biswap Launchpad. In this way, we are giving an opportunity for everyone to join under the simplest conditions and spread the Biswap Launchpad benefits through the whole BNB Chain world. Newcomers will experience the advantages of the Biswap platform. And two potent communities will be able to benefit the maximum from the first public sale of XPS tokens on BNB Chain.
There are 10 000 000 XPS tokens allocated, equivalent to 1% of XPS tokenomics. The IDO price is $0.12 in BSW per XPS. If the sum of investments is higher than the value 10 000 000 XPS, the IDO won’t be closed.
The IDO will be open to receiving an investment pledge more than the target raised amount. In such a case, allocation to investors will be allocated in percentage correlation (the more BSW you deposit - the higher allocation you will get). Users will receive back any leftover BSW when they claim their XPS after the IDO.
📌 XPS token contract on BNB Chain: 0x4f745c0c7da552a348C384dA1a5BaEb28f2C607C
In that case, after 6 hours IDO, XPS tokens will be distributed in the percentage correlation according to the invested BSW sum (the more BSW you will add to the pool - the more XPS you will get after the IDO). Users will receive back any leftover BSW when they claim their XPS after the IDO.
Limited & Unlimited Max Deposit Pools
- Limited Deposit Pool:
Each participant can deposit a limited amount but expect a higher probability of receiving tokens on the Launchpad in the percent correlation of the invested funds. The maximum amount for participation is $100.
- Unlimited Deposit Pool:
The unlimited option has a greater amount of allocated tokens. There are no deposit limits for the participants.
You can invest in both at the same time if you want. During the 6 hours, your tokens will be locked. The withdrawal will be available after the IDO’s completion.
Then you will be able to use tokens to earn potent crypto rewards in the coming earning offers with XPS token. Also, since you will become a liquidity provider, you will gain 50% from trading fees in BSW.
Let’s look in detail at upcoming the XPS opportunities that will be provided during the XPS IDO on Biswap Launchpad!
Gainful Opportunities of XPS IDO on Biswap. Use XPS & Gain More!
Just after IDO, Biswap gives potent utilities for XPS and lucrative opportunities for users to make long-term investments. So you will have an amazing chance to boost your crypto funds via the synergy of Biswap lucrative earning instruments, prospective tokens, and mooning APR! Just after IDO ends, the XPS-BUSD Farming Pair will be created. Two Launchpools with XPS token will be launched within 24 hours after IDO.
Check out the ways of making a profit:
- XPS-BUSD Farming Pair is the first utility to come. This means that XPS will be listed under XPS-BUSD Pair, and you can increase your yields by getting up to 90% fee return and farming XPS-BUSD-LP to multiply powerful BSW rewards. Moreover, you will get a 50% of the trading fee from each swap with XPS-BUSD Pair as a liquidity provider.
It's a robust opportunity to use; join first!
- Stake XPS - Earn XPS & BSW Launchpool with topflight APR where you can stake XPS and earn rewards in both tokens BSW & XPS at the same time. The exclusive way to reap the most benefit.
- Stake BSW - Earn XPS Launchpool with skyrocketing APR, where you can stake your BSW and earn vernal XPS tokens.
- More beneficial Biswap x Xpansion collaborative events will come next after the IDO.
You will really relish exclusive access to the first public sale of prospective XPS tokens. All of the utilities are well-considered to be extra-lucrative for users.
The Initial DEX Offering on Biswap Launchpad is a significant page of the Biswap DEX and a milestone of the Biswap history which will be vivid in DeFi. Biswap aims to further push the development of prospective BNB Chain projects.
The Biswap team also wants to emphasize that your support, allegiance, and positive energy are crucial for the progress of Biswap in the DeFi space.
We make everything to make your experience lucrative and full of bright possibilities.
Prepare to get an ambitious XPS token via IDO on Biswap Launchpad and become a brave explorer of the mysterious world of Xpansion!
Stay tuned for more!
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