> For the complete documentation index, see [llms.txt](https://docs.biswap.org/biswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.biswap.org/biswap/core-products/biswap-v3.md).

# Biswap V3

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### Biswap V3 Benefits

* Optimizing the use of liquidity for exchanges.
* Increasing TTV & TVL.
* Attracting the attention of the crypto community and new users through the implementation of an advanced (competitive) product solution.
* Development of the Biswap ecosystem with the involvement of new partners.
* Reduced volatility and price impact due to the efficient use of liquidity in the new protocol. This is a double benefit for traders and Liquidity Providers.

### Perks for V3 Liquidity Providers

* **80% LP rewards from trading fees**\
  Liquidity providers will get 80% LP (V3) rewards instead of 75% (V2). When users pay a trading fee, 80% would go to Liquidity Providers, 10% to the Team, and 10% to Treasury, a fund for future BSW lock and burn instruments. Moreover, Biswap V3 LP rewards will be 20% higher among V3 DEXs.
* **80% yields from limit orders**\
  Liquidity Providers receive 80% of trading fees from limit orders, with 10% going to the team and 10% to the treasury (a separate contract that allocates 10% from the V3 trading fee and future revenue streams).
* **Up to 4000X more capital efficiency**\
  Concentrated liquidity allows you to earn more efficiently. Liquidity Providers ensure maximum liquidity with the same amount of funds, reducing the loss of liquidity.