What Is Biswap?

2021-06-20 22:00:00 · 1143 views · 3 min read

 

Recently, a new face appeared at the top of Binance Smart Chain ranking.

A new DeFi, Biswap, ranks No.7 by 24h volume in all BSC dapps, just behind 1inch BSC and over winning Pancakebunny.

 

 

Biswap claims itself the first Dex on Binance Smart Chain with a three-type referral system and with the lowest fees in the industry. 

Basically, Biswap is similar to Uniswap. What’s more, you can swap tokens with fees returned in $BSW tokens. The Biswap token BSW is a BEP20 token launched on the Binance Smart Chain network.

There are Farms, Launchpools, Liquidity Pools and more to maximize your profit. You can add liquidity to the pool and earn income from token swap transactions, as well as receive LP tokens. 

 

 

The maximum APR is 728.50% for the USDT-BSW farm at the time of writing.

 

 

So how’s Biswap’s overall on-chain performance?

All the Biswap’s on-chain data have experienced a great increase since the protocol went live. The unique trader amount just hit new ATH on 15th Jun at 5,457. And the total dex trading volume tracked since 22nd May reached $496.10M. 

 

 

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