Huge News for Biswap Community from Robi!

3 min readOct 23, 2021

Dear Biswap Community,
I want to congratulate you all on the grandiose event that happened in the lifetime of the Biswap project: Binance Labs has officially announced the strategic investment in the development of Biswap!

Over two months ago the Biswap team had arranged the Community Voting on the subject of changes to the current tokenomics and creation of a separate pool for the Biswap investors called Investment Fund.

The Biswap project purposefully moves ahead and wants to establish the greatest level among all the DEX platforms on the market. For this reason, the team needs to make strategic decisions and apply certain changes in order to assure confident boost and accomplish mighty targets it puts upfront.

A lot of work has already been done along with implemented targets. However, it is just the potent beginning of the Biswap growth which will be facilitated by cooperation with its revealed key investor and creation of the Investment Fund.

Benefits of the cooperation with our investor:

The decision of funds’ fulfillment and deployment in the Biswap tokenomics has a bunch of positively influential advantages which will add power to the project, strengthen the BSW tokenomics, outstandingly raise the value of BSW, and more:

🔥Community expansion
🔥 Brand awareness
🔥 More partnerships with well-known DeFi projects
🔥 Token price growth
🔥 Worldwide exposure
🔥 Support from the top players on the market

Access the detailed info about the closed Community Voting here:

https://biswap.org/voting

The Decision is Made

Due to the fact that the majority of users have voted in favor of Option 1: Improve the tokenomics and help the project rapidly grow, it implies the creation of the Investment Fund.

Thus, Investment Fund is created along with the specific modifications to the tokenomics by deriving a certain percentage from the existing pools. The changes will envisage positive growth of BSW token and great prospects for the global Biswap Dex project in the DeFi industry. Let’s have a closer look at the specific changes in BSW tokenomics which have been made.

Revealing the Name of Biswap Investor

Biswap is thrilled to announce the name of its investor — Binance Labs, which is the venture capital and incubator of Binance.

Binance Labs has always been committed to supporting fast-executing, technical teams who positively affect the crypto space, build decentralized web and help the BSC ecosystem grow. This strategic funding will be used to accelerate the growth of Biswap, BSC network and blockchain ecosystem as a whole.

📃Discover the details in the Binance Blog:

https://www.binance.com/en/blog/421499824684902918/ecosystem/binance-labs-announces-strategic-investment-in-biswap

Thanks to this investment, Binance and Biswap will closely work together to develop cutting-edge features and products and innovate across the full range of DeFi activities on BSC.

Significant BSW Tokenomics Alterations

On the grounds of the Investment Fund emergence, the BSW tokenomics has experienced certain alterations. The Biswap team wants to present the modification clearly via the following comparison:

Before the Decision:

85.7% — Farms & Launchpools
4.3 % — Referral Program
1% — SAFU (Security Asset Fund for Users)
9% — Team

After the Decision:

80.7% — Farms & Launchpools
4.3 % — Referral Program
5 % — Investment Fund
1% — SAFU (Security Asset Fund for Users)
9% — Team

Thank YOU for Developing with the Global Biswap DEX

The Biswap team wants to express high gratitude to its powerful Biswap Community. Thank you, for supporting the global project on its way of development in the wide expanding BSC network and positively influencing the improvement by voting for the option of the Investment Fund deployment in BSW tokenomics which will notably increase the Biswap potential and take it to new levels in DeFi. The Biswap team aims to increase the value of the BSW token, reinforce tokenomics and thereby introduce new products and possibilities for you.