BSW, the governance token of Biswap, has a maximum supply of 700 million tokens. The distribution of these tokens follows a specific model that targets various aspects of the exchange.
BSW Token Distribution
Out of the 700 million BSW tokens, 600 million are distributed as follows:
Farming / Launchpools: With a share of 80.7%, this represents the most significant portion of BSW tokens. These tokens are used as rewards in Biswap's farms and launch pools.
Referral Program: 4.3% of the BSW tokens are reserved for Biswap's referral program. Through this program, users can earn additional rewards by bringing new users to the platform.
SAFU (Secure Asset Fund for Users): An emergency insurance fund for all users, comprising 1% of the BSW tokens. This fund is a safety net intended to help users in unforeseen circumstances.
Team: 9% of the BSW tokens are reserved for the team behind Biswap. This share compensates team members for their efforts and contributions to the development and maintenance of the platform.
Investment Fund: The remaining 5% of the BSW tokens flow into the investment fund, which strategically invests in projects that have the potential to strengthen and expand the Biswap platform.
Use of the Remaining BSW Tokens
The remaining 100 million BSW tokens were initially reserved for transaction fee mining. However, after voting, the token redistribution changed as follows:
1. Seventy million BSW tokens are used for NFT (Earn), GameFi (Play to Earn), and strategic partnerships.
2. The remaining 30 million BSW tokens continue to be used for transaction fee mining.
Please note that this distribution may change over time, as Biswap is a community-driven platform, and token holders can make changes through voting.