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  • Biswap is a decentralized exchange (DEX) built on the BNB Chain. Biswap offers low transaction fees and has a GameFi dapp.

  • BSW is the native token of the project. The current use cases for BSW include:

    • Governance: Users can vote for proposals.

    • Liquidity Incentive: Users can provide liquidity and stake to receive BSW rewards

    • Value Accrual: A portion of protocol revenue is used to buy back and burn BSW tokens.

  • The project consists of the following major components working in conjunction:

    • Biswap Exchange: An automated market maker (AMM) with a trading fee of 0.1%.

    • Launchpools: Users can stake BSW to receive other tokens as rewards.

    • IDO Launchpad: Blockchain projects can launch their tokens through Initial DEX Offering (IDO) on Biswap Launchpad.

    • NFT Marketplace: The marketplace charges 1% of the commission fee.

    • NFT Earn: Users can stake NFTs to receive rewards in BSW or other tokens.

    • Lottery: Users can purchase tickets to win prizes.

    • Squid NFT World: A Play-to-Earn NFT game.

  • As at March 21st 2022, the maximum token supply of BSW is 700,000,000 and the total supply is 249,260,765. The current circulating supply is 227,357,462 (~32% of the total token supply).

  • Learn more about the token distribution of BSW here.