Reveal Details About Multi-Reward Pool! | Glimpse of the Lucrative Future! – 🌐 Biswap News Portal

Biswap keeps on building a progressive ecosystem and never ceases to surprise users with fresh and lucrative offers that you couldn’t refuse! Let us lift the curtain on our future plans. Discover a Multi-reward Pool — feature, where you can win TOP crypto tokens by making trading volume with whitelisted tokens at biswap.org and staking BSW! Sounds great! Isn’t it?

Multi-reward pool realization depends entirely on the decision taken in tandem with users via Community Voting for a trade fee increase to 0.2%. New trade fee distribution provides 0.02% for Biswap Earn products, including Multi-reward Pool, Double Launchpools and others. It means that a trading fee increase will be one of the primary sources of Multi-reward Pool functionality.

If you are interested in the Multi-reward pool release and improvement of other Biswap offers — support the trade fee increase to 0.2% via Voting. Remember that all in users’ hands ⬇️

https://biswap.org/votings/proposal/tradefee_voting

What will be a Multi-reward Pool?

Multi-reward Pool — will be an additional earning option for Biswap traders. As you already guessed from the Pool’s name, users will get multiple returns in different tokens, such as BSW, BNB and BUSD! It will be an exceptional chance to raise your income with lucrative conditions, including:

💸Multiple tokens in return
💸High APY
💸No entry barriers
💸Extra income for tradings

Eager to find out more? Let’s dive into the details!

Multi-reward Pool Utility!
Multi-reward Pool has many interested parties, including Biswap DEX, Liquidity Providers, BSW Holders and Traders! All of them will receive a bunch of benefits.

BSW Value:
The Biswap platform will receive a significant amount of locked BSW tokens and, consequently, a more decisive influence on maintaining the token’s price. In this way, the value of BSW in the market will rise.

More BSW Token Holders:
Due to the Multi-reward Pool conditions, more users will be interested in the exclusive value and access that the BSW token provides, and, as a result, the number of BSW Holders will grow.

Growth of the Total Trading Volume:
Earning via a Multi-reward pool will require trading volume from the user to increase the profit (more information below). This term will motivate users to trade on Biswap and will cause an increase in Total Trading Volume (TVL).

Increase of rewards for Liquidity Providers:
TVL growth will positively affect the Liquidity Providers’ profit from the trading fee. Biswap values its Liquidity Providers and gives them a percentage of the trading fee as LP Rewards. It means that active trading on Biswap will bring extra earnings for Liquidity Providers. Moreover, if the trading fee increases to 0.2%, the LP Reward will have a 3X boost and reach a percentage of 0.15%! As you can see, 0.2% trading fee implementation has numerous advantages.

How Does a Multi-reward Pool Work?
One of the coolest features is that users will be able to impact their income because it will directly depend on the user’s trading volume. Keep reading to figure out the main profit principle from the Multi-reward Pool.

Trading Volume as a Key to Income!
To take advantage of the new offer, you will have to stake BSW and trade whitelisted crypto on biswap.org. This way, you will make your staked BSW active and earn rewards from the pool.

💡Main principle: The more trading volume you have — the highest income you can expect from staking!

Trading Volume will be calculated from the moment the feature is launched.
Only whitelisted tokens’ trading volume will be taken into account (if the whitelisted token was in a Route, the trading volume would be counted as well)

Thanks to the user-friendly interface, it will be easy to track your actual trading volumes and active BSW. So you will see how many trading volumes you have to gain to maximize your income.

Stake & Withdrawal Terms
Users will stake our native token BSW into the Pool. Consider that the maximum stake per user — will be 100 000 BSW. It will be possible to withdraw the locked assets and increase the staked amount anytime, but note:

📍A 10% withdrawal fee is required when withdrawing staked BSW earlier than a 60-day lock term. Once the lock term is over, you can withdraw BSW with no early withdrawal fee.

If you withdraw your assets earlier than 60 days, a 10% will be deducted from the withdrawal amount as a fee for early withdrawal.

📍Additional stake in the Pool will restart the countdown of the 60-day lock term, and the fee for early withdrawal will be prolonged.

Accrual & Harvest of Rewards

The rewards will accrue once per day and will be visible on the Multi-reward Pool page. Users will be able to harvest them at any time with a commission from their staked amount of BSW. The size of the commission will be known when the Multi-reward Pool is launched.

Every 24 hours before the rewards accrual at 12:00 PM UTC, the trading volume will be summed up for 30 days. However, the Trading Volume will be counted from the launch of the Multi Reward Pool.

History of Rewards & Volumes

To ensure transparency of Multi-reward Pool functionality, users will see the history of their trading volumes and rewards distributions for the previous periods. There also will be visible your share of burned BSW.

Closing Words

Multi-reward Pool will be a great complexion to already existing Biswap features and offers. Lucrative conditions, high APY, exclusive rewards and extra earnings from trading — all of these benefits will be released soon in case of trading fee increase implementation. As a Biswap DEX user, you can participate in decision-making due to trading fee changes by voting and contributing to platform prosperity and your opportunities scaling.

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