Biswap Token

Biswap Token

Created using Figma
Created using Figma
Biswap is a decentralized exchange (DEX) that allows users to exchange BEP20 standard tokens (the latest token standard from Binance Smart Chain), stake tokens to receive rewards.
This is a system operating in the form of an Automated Market...
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • CoinTiger
    BISWAP/USDT one hour ago
    $ 3.0956E-7
    $ 8.948 K
    -19.03%
    -17.23%
To be announced
Token Details
Ticker
BISWAP
Additional Details
Categories
Platform

About Biswap Token

BiSWAP20's exchange is built on the Binance Smart Chain (BSC), a version of Ethereum developed by Binance. The exchange sacrifices centralisation in favour of low gas fees – which have plagued Ethereum in recent years.  An automated market maker allows digital assets to be transacted automatically as opposed to a typical central limit order book (CLOB) system that relies on buyers and sellers at certain prices. For its system to function correctly, the BiSWAP20 exchange relies on user-generated liquidity pools. 


Once users have provided tokens to the platform, the BiSWAP network will then draw assets from these pools to facilitate trades. 

• Liquidity providers. Providers are the key mechanism of AMM's functioning. Users will lend the platform (BiSWAP) their cryptocurrency assets for other people to trade with. In return, lenders earn interest and liquidity provider tokens (LPTs) that give access to unique rewards.
• Liquidity pools. These pools are a collection of funds (often held in a pairing) that facilitates trading of specific assets without requiring another person's involvement.



Features

Automated Market Making: Traditionally, liquidity is created by two parties, the buyer and the seller. However, this new paradigm is a way for end users to trade against an automatic market. It algorithmically leverages a very simple formula, y*x = k, as per the implementation of BiSWAP; y represents a crypto asset, x represents another crypto asset and k is a constant. As y increases, x decreases, and this keeps k constant.

 Reserve Warehouse: This houses the liquidity of a pair of assets, and the users trade against this liquidity

 Reserve Contributor: Anyone can be a reserve contributor by lending the warehouse a pair of assets. As a result, they earn fees, based on their portion of the liquidity in a pool, when swaps are executed on-chain. This approach allows anyone to be a market maker, with very simple steps  

Cross-chain Support: How would you feel if you were able to transfer your assets from one blockchain to another? Awesome, right? Developers have adopted the bridge of assets between two or more blockchains; certainly, lots of reasons are behind this.

Privacy: On centralized exchanges, the users need to pass the KYC process before withdrawals are made. This certainly exposes their personal details, and no third party can really be trusted. At least, that’s the kind of a world, in which we find ourselves. However, on BiSWAP, the transactions are private; no one, not even the BiSWAP developers, needs to know your personaldetails before you execute a swap; just connect your web-3-enabled wallet and place a click

On-chain and Transparent: Transactions on BiSWAP are on-chain, and you interact with smart contracts on each swap. On-chain transactions are transparent as the details can be tracked on the public chain anytime.

Activity

Followers:
3 010
MEDIUM
Tweets:
103
MEDIUM
30 Days Growth:
-63
Members:
144
VERY LOW
30 Days Growth:
-12
Alexa

Rank:
808 793
LOW
Delta:
-1 332 342

Biswap Token Last News

$ 3.30319E-7
-13.05%
Crypto Stats
Daily, %:
-13.05%
Weekly, %:
-19.26%
Monthly, %:
-42.79%
Market Info
Market Cap:
Volume 24h:
$ 9.564 K
Circ. Supply:
Ticker:
BISWAP
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