Getting Passive Income in Biswap Launchpools
Biswap Launchpools is a less resource-intensive alternative to mining. It lets users use their tokens to earn more tokens for free. In simple terms, you lock your cryptocurrency to receive rewards.
There are two types of Biswap Launchpools where you can get passive income:
Stake BSW Launchpools - allows users to stake (hold) BSW tokens to earn other top tokens for free.
Stake Tokens Launchpools - allows users to earn BSW by staking (holding) other tokens on the platform.
Stake BSW Launchpools: Auto & Manual Compounding
Stake BSW Launchpools is a kind of Launchpools on Biswap where users can Stake BSW (Hold BSW) to Earn top tokens for free as a reward.
Stake BSW Launchpools can be divided in the following way:
✔️ Auto-compounding - users’ earned tokens will be compounded automatically every 5 minutes, without any additional actions from their side.
✔️ Manual-compounding - users need to Harvest and/or Compound earned tokens by themselves.
✔️ Holder Pool - launchpool on biswap.org created to prioritize Biswap users in Biswap offers and for a new way of passive income via long-term investment.
What Is Auto Compounding?
The Auto-compounding function is available only for BSW Launchpool in Stake BSW Launchpools.
When you start auto-compounding, your earnings are compounded automatically every 5 minutes, and your profit is shown as APY.
APY (Annual Percentage Yield) on Biswap — is the annual percentage of return earned from staking, taking into account the automatic increase of the invested sum, but APR — does not in its turn. So, the more frequent compounding earns, the higher your BSW profit because of its regular increase of the initially invested sum of BSW tokens for staking. For Example: You approved 1 000 BSW in BSW Launchpool for Auto-compounding under 600% APY.
That means that at the time of calculation, your income for the 1 year can be calculated:
1,000 (the invested sum) x 600 (APR in percentage) / 100 (also can be counted as 1 000 x 600% )= 6 000 BSW — your 1-year income if you won’t make any unstakes during this year.
Remember that you cannot accurately calculate your daily income because of permanent automatic changes and increases in your investment sum.
That means that your 1-year total sum potentially can be:
1 000 BSW (if you unstake your deposit sum) + 6 000 BSW (your income — the sum of APY) = 7 000 BSW
Remember that the rates are approximate, provided for your convenience only, and in no way represent a guaranteed return. All the mathematical calculations aren’t financial advice.
How to Use Auto Compounding on Biswap?
Open the Stake BSW Launchpools tab.
Press Approve BSW and Sign the Signature Request notification from your crypto wallet extension (if you don't have a crypto wallet - read on how to create & connect one)
3. Click on Plus (+).
4. Enter the amount of BSW tokens that you would like to stake and Confirm your decision.
5. Congratulations! 🎉 You’ve staked your first BSW, now you can regulate the staking amount by pressing on Plus (+) or Minus (-) buttons.
What Is the Commission for BSW Auto Compounding?
✔️ No fee in BNB for Auto-compounding, unlike the commission fee of 0.001 BNB, which the Manual-compounding charges.
✔️ Pay a Performance Fee of 1.99 % in BSW from your auto-compounded BSW earnings. Subtracted automatically and will be sent to a particular wallet to be burned once a week by Biswap.
✔️ Unstaking Fee is a fee of 0.1% that is charged if you withdraw (Harvest) your funds earlier than 74 hours have passed.
After 74 hours, you can withdraw your incomings with no unstaking fee. The unstaking fee timer resets back to 74 hours every time you add more BSW for staking.
How To Transfer BSW Funds from Manual Compounding Pool?
If you want to transfer all your BSW funds or only part of them from the existing Manual-compounding BSW Launchpool to Auto-compounding Launchpool — you need to Harvest them from the Manual-compounding Launchpool and add them to Auto-compounding BSW Launchpool. So, you may have several active Launchpools at the same time! ✨
What Is Manual Compounding?
Manual compounding means that you need to press Harvest or Compound manually every time you want to do one of these actions with the BSW tokens you’ve earned. Your potential earnings will be shown as APR.
APR (Annual Percentage Rate) on Biswap — represents the annual percentage income for staking tokens. So, the sum that can be potentially earned from APR will grow only after the Manual Compound because of the increased staking token balance.
For example, You approved 1 000 BSW in BSW Launchpool under 190% APR. That means that at the time of calculation, your income for 1 year can be calculated as follows:
1 000 BSW (the invested sum) x 190 % (APR) / 100 = 1 900 BSW — your 1-year income.
To calculate the daily income, you need the following:
190 % (APR) / 365 (days of the year) = 0.52% (your daily income in percentage)
1 000 BSW (the invested sum) x 0.52 your daily income in percentage) / 100 (also can be counted as 1 000 x 0.52 %) = 5.2 BSW — your daily income in BSW
That means that your 1-year total sum potentially can be:
1 000 BSW (if you unstake your deposit sum) + 1 900 BSW (your income — the sum of APR) = 2 900 BSW
Remember that the rates are approximate, provided for your convenience only, and in no way represent a guaranteed return. All the mathematical calculations aren’t financial advice.
How To Use Manual Compounding on Biswap?
Open the Stake BSW Launchpools tab.
Press Approve BSW and Sign the Signature Request notification from your crypto wallet extension (if you don't have a crypto wallet - read on how to create & connect it here)
3. Click on the Plus (+) button.
4. Enter the amount of BSW tokens you would like to stake and Confirm your decision.
5. Congratulations! 🎉 You’ve staked your first BSW, now you can regulate the staking amount by Plus (+) or Minus (-) buttons.
6. Press the Compound button to compound your earnings with the sum of staking. (Available only for Earn BSW - Stake BSW Launchpool, in other Manual-compounding Launchpools you need to Harvest your income > Make an exchange of your earnings on the token that you want to stake > Add them using the Plus (+) button).
7. Confirm your transaction.
Stake Tokens Launchpools - Hold Top Tokens Profitably!
Stake Tokens Launchpools are a kind of Launchpools that allows Stake (Hold) other tokens to Earn BSW as a reward for holding in Launchpools.
The sum of max stake in Stake Tokens Launchpools on Biswap is shown according to the relevant tokens’ prices, so Biswappers may withdraw their staked tokens without any troubles that could be caused by the price change. Example: A user has staked $500 of specific tokens in Stake Tokens Launchpool with a max stake of $500, and during the staking period, the token price increased to $1000. Even though the max stake for Stake Tokens Launchpool is $500, the user can withdraw his/her tokens according to the relevant price so that it will be $1000 plus his BSW passive earnings.
The mechanic of staking in Stake Tokens Launchpools is the same as in Stake BSW Launchpools.
Open the Stake Tokens Launchpools tab.
Press Approve Token and Sign the Signature Request notification from your crypto wallet extension (if you don't have a crypto wallet - read on how to create & connect it here)
3. Click on the Plus (+) button.
4. Enter the amount of the tokens you would like to stake and Confirm your transaction.
5. Congratulations! 🎉 You’ve staked your first tokens, now you can regulate the staking amount by Plus (+) or Minus (-) buttons.
What is Holder Pool on Biswap?
BSW Holder Pool is a new way of getting passive income in worthy BSW tokens and gaining the benefits Biswap offers first.
That is to say, BSW Holder Pool is like a precautionary measure of bots, and other speculating activities, to enable Biswappers to experience Biswap proposals to the fullest extent!
Lucrative Advantages of staking in BSW Holder Pool:
New Unique Offer for BSW Holders
Get additional passive income in BSW token
Gain all the unique Biswap benefits first
Experience stability and safety in carrying out operations
Staking in BSW Holder Pool will get access to the following features in the future:
Higher Rewards: 12%-20% from Swap Referral Program
IDO Launchpad
NFT Launchpad
Biswap Multi-crypto Offering
And other coming features
How does BSW Holder Pool work?
BSW Holder Pool works the same way as Auto-Compound BSW Launchpool, where you stake BSW — earn BSW for the long-term perspective. It will be the only key to using the potential of Biswap proposals in the future.
Commission for early withdrawal: There is a commission of 25% from your withdrawal sum active for 90 days + 2 hours for withdrawal from the Pool after any Stake action. On the 91st day, the commission is 0% for withdrawal from the Pool.
Besides, there is a commission burn to expand the empowering of BSW tokens via burning.
Commission burn:
A commission of 25% from each early withdrawal will go to the BSW burn. A performance Fee of 1.99% from each harvest will go to the BSW burn.
Why Do The APR & APY Percentages Change?
The APR & APY percentages are dynamic and depend on the number of funds locked in the certain Biswap Launchpool.
When Biswappers stake their funds in Launchpools — the APR & APY percentages will lower. It depends on the overall sum staked in them, which means that the APR & APY percentages will change in case of high demand on the certain Launchpool.
Why Are There The Same Launchpools With Different Max Staking Sums?
This is a unique feature of the Biswap platform that was done to reduce the speed of APR drop and keep the APR high.
The different amount of the max staking sum was primarily created for the Biswappers’ convenience because the APR in Launchpools is regulated as follows:
Increased user demand for a particular Launchpool lowers the APR. But due to the separation of Launchpools with different max staking sums, the users' flow is separated, which lowers the reduction rate of the APR.
The Biswap team performed deep analysis and found out that the best Launchpool ratio is 10 BSW, 500 BSW, and unlimited BSW for Earn BSW Launchpools.
Why Launchpools Become Inactive?
That happens when the pool duration ends and Launchpool transfers into the Inactive section. You may control the time left for a certain Launchpool by clicking on the Details.
You may control the time left for a certain Launchpool by clicking on the Details.
After that, you should press on the sum opposite the Ends on a phrase.
After you press on that amount, you will be automatically transferred to BSCscan, where you can see how many days are left for that Launchpool.
Where Can I Find The Inactive Launchpools, and How To Withdraw Funds From There?
All Inactive Launchpools are available on the Launchpools tab. Click the button Inactive to find the disappeared token.
You may withdraw your income and staked tokens as well by clicking on the Minus(-).
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