Farming At An Accelerate Pace On Biswap - The BSW Investment Pool Is Hot

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Written by

#Club1BCH

6 months ago

In community: Everything Crypto(f12e)

Biswap is a decentralized exchange, with direct peer-to-peer crypto trading, staking options, launchpools and NFT market. What's different? Biswap is the 1st DEX on Binance Smart Chain with a 3-type referral system and the lowest exchange fee 0.1% in the Defi space! On top of the above benefits, they organize regular competitions and events!

The BSW Investment Pool was implemented as a new reward system, with unique and diverse rewards! Users have to deposit $BSW tokens to the pool and get BSW tokens, oBSW points, and vBSW voting power.

Staking also grants access to the Real Yield Pool, and the earned oBSW from the BSW Investment Pool balance to the Real Yield Pool and gain USDT rewards. Sounds like a new dynamic, and the new tokenomics could make Biswap great again!

The Real Yield Pool gives the unique opportunity to earn Real Yields in a form of USDT tokens. Real Yield rewards are generated from a certain percentage of the real crypto income of the platform instead of native token emission.

To enter the Real Yield Pool, you must stake oBSW points you’ve earned in the BSW Investment Pool. Therefore... I staked all my BSW for one year. The 12-months APR was 29.23% and the rewards will keep adding up! Is it crazy to stake for 12 months? No ... if you think we already had two years of perpetual bear market.

Staking 26k BSW gave me some top perks, along with 52,637 vBSW. What is vBSW and how to use it? This token is the unit of measure that represents voting power and can be used by the Biswap community to participate in voting and snapshots. Time to get active into governance!

The oBSW is a point option, used to access Real Yield Pool and buy BSW with a discount. Users earn oBSW points as rewards in the BSW Investment Pool. Each oBSW is backed up with a real minted BSW stored on a separate contract.

You may exchange oBSW with a 30% discount to the real BSW for USDT on the BSW Investment Pool balance. To earn more with oBSW, you can stake oBSW to the Real Yield Pool, where you can earn USDT token rewards within 21 days or exchange oBSW to BSW.

Within the 21 days in the Real Yield Pool, your discount will gradually decrease while your USDT rewards increase. Therefore, at the end of the staking period, your discount will be 0%. You must pay the total amount if you exchange your oBSW for BSW.

However, my plan is to earn the USDT without buying BSW with discount. I am happy with the amount I have, plus the one earned after the 12-months lock, and all I want is to accumulate stablecoins.

I constantly checked as the rewards kept growing, and staked the generated oBSW in batches. The 754.84% APR is something you don't encounter that often in the space, so it's nice to enjoy double-dip on Biswap.

The USDT rewards are updated in real time, showing the earnings and current discount available on oBSW. The "offer" can be used at any time, buying cheaper BSW whenever the user thinks about increasing the portfolio. I will just let them drop the discount and claim the USDT when the options expire.

From time to time is important to compound, as the BSW Investment Pool will not do it automatically. I let the bounty grow to 205 BSW and then added them into the Investment Pool.

Unsure how new batches will influence the total APR, but it shouldn't have a big impact as the amount was low. The new system looks promising and I am happy so far with the level of rewards.

Back to the USDT farm, where I already created seven staking pools, the rewards were adding up nicely. The first pool still had some days until expiring, and new ones were adding cents on top of other cents.

The total earned reached 3 USD, and more was yet to come. What you think about the new dynamics created by the BSW Investment Pool? Will the system rejuvenate the BSW token and give a long-term growth?