Biswap is moving to the TOP, overcoming various milestones. Breaking records and reaching high positions is proof that Biswap keeps progressing in the DeFi space. It is clear that there is no stopping point for Biswap but rather a path forward that demands hard work and persistence from our team.
BSW token is the core of Biswap DEX. Strengthening tokenomics will benefit the whole platform and its products. As a part of Biswap’s development, a new decision needs to be made. For the past few weeks, BSW rose to new leading positions. Thus now is the time to encourage further growth by enhancing tokenomics and reducing emission.
As you have witnessed before, emission reduction has a positive impact on the worth of BSW. Moreover, a recent BSW token listing on Binance has led to a significant boost in value. That’s why it is important to boost BSW more via token emission reduction. Currently, there are 20 tokens per block with 17 280 000 emission per month. But the greater BSW growth could happen if fewer tokens will be produced to the market. The Biswap team presents 2 proposals to decrease BSW tokens’ emission:
- From 20 tokens to 16 tokens per block with 13 824 000 emission per month (3 456 000 less BSW tokens per month).
- From 20 tokens to 17 tokens per block with 14 688 000 emission per month ( 2 592 000 less BSW tokens per month).
We value the feedback and input of our community in the progress of Biswap. Your voice is needed to make this crucial decision so that the BSW can rise to the next level. All of you are central to the further advancement of the Biswap DEX. We need your support to make a choice that benefits Biswap tokenomics.
Benefits of the BSW Emission Reduction:
💥 Each month, fewer BSW tokens will be released that will favourably impact influence the value of the BSW token
💥 A higher ranking for BSW token in the crypto industry
💥Long-term positive impact on BSW price
💥Growth of BSW value in the DeFi
💥More privileges for BSW Holders
💥Increased demand for BSW
💥New records for BSW in statistics
It is evident that BSW and its holders will benefit greatly from this decision. Biswap will open new doors with various profitable opportunities.
New Rankings & Statistics for BSW in the DeFi
The emission reduction will promote Biswap to further positions in DeFi.
The Biswap has been showing great results lately, and it’s important to make this strategic decision now:
- $47 000 000 000+ Total Trading Volume
- $900 000 000+ Total Value Locked
- 433 000+ Total Active Users
- 6 500+ Active Users in 24h
- 18 000 000+ BSW Transaction on BNB Chain
- 127 000+ BSW Holders
- $2 000 000 000 Volume on CMC in the last 24h
- $900 000 000+ Volume on Binance in the last 24h
BSW TOP Positions
The Biswap team directs all the actions to take TOP positions in the worldwide rankings on a constant basis.
- April 3, 2022: TOP 1 on BNB Chain Most Traded Highlight Projects!
- April 2, 2022: TOP 2 in DeFi Sector on CoinMarketCap!
- March 31, 2022: TOP 3 Most Traded Token on BNB Chain!
According to CoinMarketCap, the BSW token is ranked #245 among all other tokens:
It is a great position, but we strive to reach higher!
Take a look at the numbers:
Impressive, right? But there’s no limit to what we can achieve!
Voting Options
Cast your vote for one of the 3 following options:
🔥 Option 1: BSW Emission Reduction from 20 to 16 tokens per block
13 824 000 emission per month (3 456 000 less BSW tokens per month).
🔥 Option 2: BSW Emission Reduction from 20 to 17 tokens per block
14 688 000 emission per month ( 2 592 000 less BSW tokens per month).
❌ Option 3: No Changes
17 280 000 emission per month.
Voting Duration:
📆 Start: 02:00 PM UTC, April 20
📆 End: 02:00 PM UTC, April 25
📩 Vote here: 📩
https://bit.ly/3jTCCne
Terms & Conditions:
- The voting period is from April 20, 02:00 PM UTC to April 25, 02:00 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 the number of votes for both options for “Emission Reduction” is 51% or more, the most voted option will be implemented within 7 days after the voting results.
- Despite the voting outcome, the allocation of 600 million BSW tokens in tokenomics will be distributed by the initial ratio:
- Farms / Launchpools: 80.7% per block
- Referral Program: 4.3% per block
- SAFU: 1% per block
- Team: 9% per block
- Investment Fund: 5% per block - 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.
- If you are unable to vote on the Biswap Voting page, please vote on the snapshot.
Disclaimer:
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 used the team’s tokens to manipulate the community voting results, nor is it planning to do so in the future.
Any reliance you place on the information provided by unofficial Biswap channels is strictly at your own risk. Under no circumstance shall Biswap be held liable for the wallets participating in the current community voting. The voting results shall be considered accurate and fair therefore representing public opinion. Everyone has the right to voice an opinion.
Closing Thoughts
Biswap is grateful for your active participation in the platform’s progress. You are the motivation our team needs to keep pushing forward. With your help, Biswap DEX and BSW can become more powerful and influential in the crypto industry.
The Crypto world is constantly evolving and expanding; consequently, it is vital to enhance BSW token and tokenomics. Previously, emission reductions have had a positive impact on BSW tokenomics. This step is crucial for tokenomics, as well as the Biswap DEX in general.
So, let’s make the correct decision together!
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