Biswap is one of the most advanced projects that keeps building & building in all conditions. Despite the bear market, we keep evolving to achieve the set goals.
Current market conditions have impacted many strong projects, including Biswap. However, we are constantly aiming to progress and make changes that will bring the best results for the project and its community.
A few words about building in the bear market
Building in the bear market requires making some important decisions that will have a positive effect on every feature development, collaborations’ establishment, and users’ contentment in the long-term perspective. So now we need to hear your opinion before paving the way to future progress considering the current circumstances.
The Optimization Suggestion
Currently, The daily distribution in the NFT pool amounts: 5 000 BSW and 2 500 USDT.
This budget was allocated from team funds. But due to the bear market, the trading volume has become lower, and the team income from commissions is now not enough to cover the USDT part of the pool. It means that the team will have to sell BSW tokens for USDT to replenish the USDT pool.
To prevent this situation and to balance the budget, the team suggests:
Replace the 2 500 USDT distribution for 10 000 BSW daily.
Therefore, users will receive 15 000 BSW daily from the NFT Staking Pool.
Moreover, there will be a collaboration boost with our strategic partner, BetFury! And we will present to Biswappers a really hot offer:
🔥 1 500 000 BFG for 30 days in the pool! It means 50 000 BFG per day.
Such a change will save BSW from the daily exchange for USDT, given the bear market. Besides, the earned BSW tokens can be used via various profitable features. It also will lock them and positively impact the token. It means BSW Holders and Biswap will also feel it in the future! So, let’s overview them:
Benefits of the token’s distribution change:
🚀 To reduce BSW selling pressure
🚀 15 000 BSW Daily Distribution
🚀 Hot Offer from strategic partner 1 500 000 BFG in the Pool for 30 days
BSW Earning Possibilities
If the number of BSW increases in the pool, it may increase its Holders’ possibilities to use more Biswap earning features. Because BSW has a bright variety of utilities, so everyone will find a feature that suits them. As a BSW Holder, you can open a whole world of opportunities to multiply your crypto asset, such as:
💰Multi-type Referral Program
💰Farms with TOP crypto
💰Launchpools with up to 100% APR
💰Double Launchpools with two tokens as a reward
💰Multi-Reward Pool as additional income for traders
💰And multiple BSW integrations on the partners’ side
Review all the lucrative utilities in detail: https://bit.ly/3MqZSq0
Voting Options
We value your opinion and feedback. Hence, we want to inform you about the ideas and prospects so that we can make a decision together.
1 Option: Change the Distribution in the NFT Staking Pool
- To reduce BSW selling pressure
- 15 000 BSW Daily Distribution
- Hot Offer 1 500 000 BFG Pool
2 Option: No changes
- Sell BSW tokens for USDT
- No additional offers
Voting Duration
📆 Start: 01:00 PM UTC, 17 October
📆 End: 01:00 PM UTC, 18 October
📩 Vote here 📩
https://biswap.org/votings/proposal/nftstaking_voting
Add your voice to the BSW Pool!
Terms & Conditions
- The voting period is from 01:00 PM UTC, 17 October to 01:00 PM UTC, 18 October.
- The voting counts BSW tokens in BSW Holder Pool, BSW Auto-compounding Launchpool, Manual BSW Launchpool, BNB — BSW, USDT — BSW Farming Pairs and BSW on the BEP-20 wallet balances.
- If the number of votes is 51% or more for Option 1, the implementation date of all important changes will be announced by the Biswap team after the voting completion.
- 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 cannot vote on the Biswap Voting page, please vote on the snapshot.
- Any changes will take place within 7 days after voting ends.
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 Words
The Biswap team is meticulously developing the project, so hard work and striking motivation will definitely become tangible and pay off in the bull market.
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