• Biswap DEX has published its 2023 roadmap with proposed improvements like a new AMM, route optimization and perpetual trading.
• The platform provides various services with cryptocurrencies like Exchange, Farming, and Staking and it also has its native BEP-20 token BSW.
• Biswap’s features include Multi-type Referral Program, low trading fees of 0.1%, high LP rewards for liquidity provision, staking LP tokens on farms to earn BSW tokens with competitive APYs and up to 50% trade fee reimbursement returns users the transaction fee when they execute large transactions.
Biswap DEX Unveils Improved AMM
Biswap has published its 2023 roadmap which includes a number of proposed improvements and upgrades including a new AMM protocol with concentrated liquidity that will allow Liquidity Providers to accumulate their capital to smaller price intervals than from 0 to infinity. This will increase capital use efficiency and provide users with more profitable exchange conditions with less slippage.
Route Optimization
Improved routing will allow users to execute larger transactions with less slippage and increase capital efficiency, as well as receive greater rewards from trading fees for Liquidity Providers.
Perpetual Trading
Evolving market trends have prompted the Biswap team to implement decentralized futures trading (with an on-chain order book on the BNB network). To ensure this is done safely, they have decided to connect a ready-made solution from ApolloX at this stage of product development.
Widget Creation
As part of the Biswap ecosystem expansion, there are plans to create a widget that will increase trading with Biswap Liquidity and make it more convenient for users to exchange tokens. This will be available for implementation on third-party products.
BSW Token Benefits
The primary function of the native BSW token is to incentivize liquidity provision to the Biswap platform. High LP rewards allow Liquidity Providers to get 0.15% back from token swap transactions while staking LP tokens on farms can earn BSW tokens with competitive APYs – plus up to 50% trade fee reimbursement returns users the transaction fee when they execute large transactions