The Letter From Robi: Celebrating 6 months anniversary & Reflecting on the Progress and the Plans for the Future

Biswap
7 min readNov 25, 2021

Dear Biswap family,

Yesterday was a special day for every member of our international family as we celebrated our 6th months anniversary. During these six months, we enjoyed every moment, learned from each mistake, supported each other during hard times and pressed the accelerator pedal. Biswap has evolved into a global player, transforming its mission into value. Today is the day when I would like to express the words of gratitude to our users for choosing Biswap. I can’t even describe how much your support means to the whole team.

I am extremely proud to be marking Biswap’s 6 month anniversary!

Thank you for always stepping in to show your support when we needed you most. Please accept my deepest thanks for taking the time to share your feedback in an effort to make Biswap better. I sincerely appreciate such a wonderful contribution which has helped Biswap in its journey to becoming one of the best DEX platforms on the BSC network.

It has been an amazing journey so far and without any doubt we would not have been able to achieve such magnificent results without you. Biswap that everyone loves and knows would not be here without you and that’s a fact! Hence, it is an honor for me to be writing to you today on behalf of the whole team. I would like to take this opportunity to reflect on our progress and growth so far.

Taking a Step Back

Even though Biswap is only 6 months old, we have furiously grown to become one of the best decentralized exchange platforms on BSC. In just a few months Biswap has achieved tremendous results. I would like to look back at the last six months to highlight the progress Biswap has made with your efforts. It is no secret that Biswap grew at a much faster pace than the vast majority of the projects on the market.

Here are just a few highlights of our achievements:

  • Total Value Locked (TVL): $745 212 091
  • Average trading volume (24h): $232 019 344
  • All-time trading volume: $23 514 459 076
  • BSW token holders: 69 669
  • BSW token transfers: 9 488 649
  • Average BSW token volume: $15 545 689
  • Market Cap: $170 939 813
  • Average DAU: over 20 000
  • Average MAU: over 200 000
  • Transactions a day: 133 712

In just a few months from a platform with several trading & farming pairs, Biswap has grown to the platform with its own ecosystem. Some of the accomplishments the whole Biswap community can be proud of are:

  • NFT Launchpad
  • Biswap’s specific NFT collection
  • NFT Earn
  • NFT Marketplace
  • Biswap Lottery
  • 2nd DEX on BSC by trading volume & DAU
  • The biggest partnership on BSC in dollar terms
  • More than 30 partnerships with various top players
  • Launch of the Global Incentive Program
  • Winners of MVB2 organized by Binance Smart Chain
  • A part of MVB3 Voting Committee
  • Improved UX/UI

We are truthfully grateful for your resilience, commitment as well as support you have been providing to Biswap on the way to success. I am extremely proud of what we have achieved together.

Ongoing Commitment to Our Users

Since the very beginning, we have been demonstrating behaviour that totally focuses on our users. We are truly proud of being a user-centered project. Everything we have developed so far and are planning to develop in the future is with the intention of providing exceptional service and outstanding experience for our beloved users. Therefore, we are sincerely grateful for always voicing your needs and concerns and trusting us to deliver the service as well as the experience you deserve.

Apart from spending thousands of hours in an effort to make Biswap great from a technological point of view, we have also been working really hard to ameliorate the way we serve you and address your concerns. We have already onboarded more than 15 support agents that are always there to help you out.

I would like to take a moment here to say thank you to all the team members of Biswap. Every single member of the team has made a significant contribution to the development of Biswap. Your dedication, enthusiasm, professionalism and hard work have shaped Biswap into a user-focused and technologically advanced project that it is today.

Our major focus has always been providing the best service for our users while making sure the platform meets the highest security standards. You can be a hundred percent assured the team’s focus will remain consistent no matter what happens.

To Our Investors

Apart from all the aforementioned I would like to take a moment to show appreciation to our key investors — Binance Labs. We are extremely delighted that Binance Labs, the venture capital and incubator of Binance, decided to invest in the growth of Biswap. It is a great pleasure for us to cooperate with our key shareholders. This strategic cooperation is a stepping stone for the team as we’re working toward bringing the freedom of exchange to people across the globe.

Synergy coming from two entities working together in tandem will accelerate the development of innovative products, expand resources and business development. Due to your confidence and trust, Biswap is being recognized on the market as an innovative project, which drives its platform through knowledge and expertise. We are extremely thankful for your confidence in our team, our strategy and our future. Biswap is grateful for helping us make Biswap a great project.

The Road Ahead

We firmly believe that our project benefits people around the world through the creation of inclusive financial opportunities and freedom of exchange. Our major goal of becoming a benchmark for all the DEX platforms in the BSC network remains the guiding principle for everything we do. As we keep on reiterating, Biswap wants to take up the mantle in becoming the number one DEX for token swaps on the BSC network.

I would like to emphasize three fundamental beliefs which drive the success of our operations:

  • Safety
    We will not get tired of saying that safety of our users has been the number one priority for Biswap from the very beginning. No compromises or allowances should be made for anything when it comes to ensuring our users are protected. Every time we develop a new feature it gets audited by our audit partners Certik before going live. In addition to that, we have a Security Asset Fund for Users to ensure your assets are protected, even in emergency situations.
  • Quality
    Biswap is known for the excellent service we deliver to users across the world. We need to be passionate and paranoid about exceeding our users’ expectations. We aim to pleasantly surprise every user of our platform with our high-quality products, punctual delivery and the highest standard of everything we do.
  • Innovation
    To stand out in a crowded and competitive market, successful projects require innovation to keep up with evolving demand and stay relevant. At the core, innovation is all about doing something different from everyone else operating on the market.

When it comes to Biswap, we clearly realize the urge of deploying technology innovations tailored to the needs of our users. Given our goal of becoming the number one DEX on BSC, Biswap will continue to embrace innovation and change. Apart from delivering value to our users, we want to do it in a way that is memorable and different from anyone else.

Closing Note

To all the users who have been with us from the very beginning and to the new users who have joined us in recent months, I want to thank you for the continuous support and trust. It has been an honor and privilege to serve you. It is a supreme understatement to say that we would not have been able to achieve our growth objectives and attain the important milestones without our beloved users. Thank you for inspiring us every day. We look forward to spending the next decade providing you with innovative and rewarding products and services.

One thing that has not changed is our values. Every campaign, meeting, and decision we make is driven by transparency, success, partnership, innovation, responsiveness, and a supportive culture. Our mission has always been, and always will be, commitment to those we serve. We are strongly convinced that with this mission as our guiding light, the future will be bright and filled with expansions, improvements and more users. Adhering to our mission allows us to drive good organic growth.

For today, I would like to take a moment to take a step back and express the words of gratitude once again for joining Biswap and showing your ceaseless support. I truly believe our passion will help us build on the solid business foundation we have laid with commitment, a sustainable approach, and respect during these 6 months. We are excited about the opportunities ahead to extend our track record of value creation, innovation and success in a responsible and sustainable way.

Finally, I would like to extend my sincere gratitude to every single member of our international family for being a part of this extremely inspiring crypto journey.

Stay safe, stay with Biswap

Yours sincerely,
Robi and the Biswap team

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Biswap

Advancing DeFi ecosystem for efficient capital use. Enjoy flexible trading tools, profitable staking & earning features!