The token $BSW belongs to the Biswap V3 protocol, a DEX on the BNB Chain that uses an automated market maker (AMM) model based on the curve xy = k. It offers concentrated liquidity, allowing providers to set specific price ranges for their assets, optimizing gains. Additionally, it introduces dynamic fees adjusted according to market volatility. The protocol also implements incentives through rewards distributed proportionally to the liquidity provided, promoting greater efficiency and market depth.
