Biswap 2022 Review - It's The Journey Not The Destination
Biswap been around since May 2021, and this means like a millennium in the Cryptoverse. Hundreds if not thousands of DeFi projects, AMMs, DEXs and Protocols crumbled this years, while Biswap kept marching. I invite you all to enjoy the BISWAP 2022 REVIEW!
It's the journey not the destination, and I am glad to be one of the million of users that had a fruitful journey in 2022. Let's enjoy the festive season, while we highlight all the good deeds Biswap did for the users.
Biswap was the first DEX on Binance Smart-Chain that had a multi-type referral program and one of the 20 winners of the Most Valuable Builder (MVB) program. It has a successful partnership with and built a strong name in the global crypto community.
It took only 7 months to smash record after record, and by the start of 2022 Biswap achieved more then others in years. We are talking about NFT collection and marketplace, IDO, lottery, ever-growing trading volume and TVL, plus a community that grows in synergy with the project . Biswap didn't come so far just to come so far, the Biswap team is proud for the achievements but will not settle for them.
January To The 1st Biswap Anniversary
The year started with trading competitions, NFT events and Play2Earn collaborations with Pirates World, Moo Monsters, Tank Battle, Age of Gods and TopGoal. Biswap was integrated on various DAapps, including Coin98, Math, Wallet, Binance Chain Wallet and Beefy Finance.
The 1st Biswap anniversary marked major milestones, including a place in the top 10 DEXs in all networks, second DEX on Binance Smart-Chain, nearly $46 billions in Total Trading Volume, and $600 millions in TVL.
One of the biggest events of the year was the launch of the Biswap Space Agents Program, and $5 000 000 in BSW tokens were allocated for content creators and crypto influencers that share the Biswap vision. You can become a Biswap Space Agent if you are you passionate about Biswap and have more than 5000 subscribers on your social media account. Touch the stars with Biswap and earn $BSW while reaching a wider audience! Join the Space Agents Team and reach for the sky!
I embarked on my Biswap Journey in June and I was instantly charmed. I was charmed by Biswap's efficiency in peer-to-peer crypto trading, staking options and launchpools. I went trough the $BSW tokenomics and I knew I discovered a gem! I wanted to build a strong portfolio, and the BSW token will be the pillar of my 2022 crypto expedition.
The Biswap Holders Pool with 35.37% APY was a sweet deal, even with the 90 days locking period. I swapped a stash of BUSD for 332 BSW tokens, and staked them at the lowest fees in DeFi. Biswap celebrated the 13th month of existence, while I enjoyed my first month as a Space Agent.
June came with scorching heat, the Biswap NFT Marketplace 2.0 and holiday vibes. The UI/UX was updated, separate pages for each NFT collections were added, and the Analytics page was integrated on the dashboard.
July: Double Launchpools and My First Space Agents Prize
Biswap launched the Double Launchpool during a scorching summer, and this crypto-opportunities were as hot as the weather in Ibiza! The innovative pools would bring effortless profit in two different tokens, and the participation criteria was 500 BSW tokens staked in the Holders Pool. The summer started with five Double Reward Pools, generating BSW plus SOL, BTCB, USDT, Ethereum and Wrapped BNB. Everyone was invited to earn fair on Biswap.
July also came with my first Space Agents prize, finishing 5th and receiving 3088 BSW tokens. I was knighted as Sir PVM the Creator, and I pledged to be a shining example to the people of the Biswap Empire!
I used my prize to consolidate my Holders Pool position, and I now had 3484 tokens that auto-compounded more BSW tokens. The plan for the next months was to tap into as many Double Launchpools as possible and set a brave target.... to double my portfolio!
August - Say Hello To the Multi-Reward Pool
August came with my second Space Agents prize and 60 days on Biswap celebration. The journey was always rewarding, as everyone is sharing a vision that will help the blockchain technology to be integrated all over the world!
I farmed ETC, LINK, FIL and DOT in the Double Launchpools and then I was amazed by the newest addition in the Biswap Ecosystem. The Multi-Reward Poo marvelous mechanics created a synergy between the user's staking volume and locked BSW tokens. This tool was created for traders, and the rewards are out-of-this-world! Every BSW staked into the Multi-Reward Pool must have a trading volume of $30 per token in order to earn shares of BSW, wBNB and BUSD. I started slowly, with 27 BSW in the Multi-Reward Pool, and reached 400 tokens in the following weeks.
The Multi-Reward-Pool income depends on the user's trading volume on Biswap, with a ratio based on trading volume/BSW tokens. If the user doesn't reach the full trading volume income required by the staked BSW, the reward will be the exact percentage of trading volume achieved in the 30 days.
September was sweet as French Wine
Biswap was one of the partners of the Binance Blockchain Week Conference in Paris, sharing the latest crypto innovations and meeting blockchain experts from all over the globe. The Biswap representatives shared merch and prizes, while providing a memorable experience for the users. The Biswap Grand Event had astonishing prizes, including a 2022 Mercedes Benz E Class.
Ouh-la-la ... for me September was as sweet as French wine. I kept swapping the Double Launchpools rewards for BSW tokens, and used the Space Agents prize to tap into more Double Launchpools. All this trading helped consolidate my trading volume and improve my rewards in the Multi-Reward Pool. I reached 300 BSW staked and activated 252 of them by reaching $5000 trading volume by the end of September.
The mechanics behind the Multi-Reward Pool are powered by the Biswap innovative framework, and the TVL growth will bring positive benefits to the whole ecosystem. The number of stakers, traders and LP providers will record organic growth as a direct result of the Biswap trading fees addition in the rewards pool. Every trade will send 10% of the commission to the Biswap Earn features, including Multi-Reward Pool.
Ouh-la-la again, as 5,000,000 BFG where added in the Multi-Reward Pool. BetFury is an exclusive and innovative platform dedicated to social Crypto I-Gaming. The BetFury token ($BFG) is the utility token based on TRC-20 smart contract for profit-sharing and a healthy gaming environment.
BFG tokens can be staked on Betfury for a tokens share from the dividends pool. The platform had the first BTC Dividends pool in the I-gaming market and revolutionized the crypto casino industry. The Biswap and Betfury partnership builds the strongest "hand" in crypto!
September brought good news for both Biswap team and users, as the CetiK Security Audit was completed. The Biswap DEX received an outstanding 87 Skynet Trust Score. The score ranked Biswap in the top 25% of all Skynet projects, and a 97/100 score for Market & Community shows the outstanding synergy created between the project and the users.
October was the right time to harvest
The Holder Pool generated BSW at an accelerate rate, and the auto-compounding created a perpetual bounty. I farmed in all the Double Launchpads and earned TWT, EOS, ATOM, MSL and XRP in my portfolio. Those pools were replaced with new ones, and by the end of the month I also had baskets of ETH, wBNB, NEAR and Litcoin.
October was the first time when I participated in a Biswap community voting, and had my say in changes brought to the Rewards Distribution. The daily distribution in the NFT pool was 5,000 BSW and 2,500 USDT, allocated from the team funds. and the role of the proposal was to replace the USDT allocation with 10,000 BSW. Biswap always focused on the user's interest, and this is why I voted for Rewards Distribution Changes!
I used the 5368 voting power I had to support the distribution changes, and in favor of a more dynamic reward system. After I voted I checked the stats, and 1,222,090 votes where in favor of the changes and only 188,243 against. Over 86% of the holders voted pro-changes, as the Biswap evolution includes happy users.
I also celebrated one month since I tapped into the Biswap Multi-Reward Pool and the harvest was glorious. Farmed 18 USD worth of BSW, BUSD, wBNB and BFG, and raised my locked BSW to 400 tokens.
October 2022 marked the 17th month of Biswap activity, with over $50 billion Total Trading Volume and new milestones. The ecosystem reached over 142,000 BSW Holders while the community grew to 603,000 members. Proud to be one of the Biswappers!
Crypto Wealth, Remembrance and Thanksgiving with Biswap
Biswap helped me keep my faith in crypto alive! I lost everything I earned in the last 3 years in this cursed 2022, being knocked-down by the Beanstalk hack, the Terra Luna crash, and the plethora of bankruptcies that infested the Cryptoverse. Biswap guided me to the light when the night was dark and full of terrors
The plan I made in the summer went well, and Biswap provided sunshine during a stormy 2022. I am earning BSW, MATIC, Cardano, Dogecoin and Ripple, and reached a total of 15k BSW tokens. This amount is beyond any expectation, and the attitude of gratitude is required.
Get into the festive mood and show your creativity! Biswap and BSC News invited everyone to decorate a Christmas Tree to win one of the 80 prizes of $25 in BSW tokens. The campaign runs from 20th of December to 1st of January 2023, and the winners will be announced on the 13th of January.
The participants must follow Biswap x BSC News on Twitter, Quote RT the decorated Christmas tree, comment the BEP-20 Wallet and fill out the form.
My festive season started with LINK, MATIC, ADA and DOGE wrapped in shiny boxes. Biswap added new pools when the old ones were depleted, and the glee was maintained by high APY and top rewards.
As Christmas approached, new surprises were added on Biswap. The DOT Double-Launchpool was one of the best so far, as the starting APR was as high as 180%. This was added when the Doge Pool ended, so I just shifted 1500 BSW from the old Launchpool into the new one.
I was one of the Space Agents that won a prize, just before the program was modified. My dream is to win the Startlight Choice by Biswappers Voting, but this is a hard task. I was still pleased to finish in the top 3 for the first time, with 28 votes. Maybe Santa will sort this out, as I've been nice for 365 days ... in the Metaverse!
I started from 330 BSW half year ago and I now have 16,800 tokens in my BSC portfolio. I hope Santa will fill the stockings with crypto and I will start 2023 with 20k BSW in my bag. Meanwhile, I am farming FIL, DOT, LINK and MATIC... sending them over to Binance and diversifying my crypto assets.
December came with a gift for Biswap, as the DEX was ranked 5th in the Top DEXes by 30D Users. Great things to come in 2023, and I am ready to walk along the Biswap explorers.
Biswap x OpenLeverage Collaboration
Developing partnerships with strong DeFi projects and the constant improvement of the Biswap ecosystem is part of the vision highlithed in the RoadMap. Biswap and OpenLeverage will innovate the Cryptoverse by integrating tools that will improve margin trading with liquidity and trading pair on DEXs efficiently and securely. This partnership will bring lending pools and margin trading markets integrated with the BSW/WBNB and USDT/BSW pool on Biswap.
Another unique perk created by Biswap and OpenLeverage is the Initiate Referral Program and Invitation League. The referrer will receive up to 25% extra reward, while the referral will receive a 5% reward. The boost in referral rewards are topped-up with 46.6% of the trading fee, which will be shared to the top referrers during the campaign. Biswap brings crypto goodies for every season.
The users are invited to bring constructive feedback on social media or in the local communities. Join me on Biswap and let's have the biggest Cryptoverse party! Join the Biswap Social Media and Local Communities and be up to date with the blockchain evolution. With Biswap you can read, learn and explore in your preferred language:
Wishing you all joyful festive season, a Happy New Year, and may your dreams come true! As for me ... I don't want a lot for Christmas, there is just one thing I need .... I don't care about the presents, underneath the Christmas tree .... All I want for Christmas is more BSW!
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