📊Biswap Tokenomics
Last updated
Last updated
Ticker Symbol: BSW
Chain: BNB Chain (BEP-20)
Max Supply: 700 000 000 BSW tokens
Start of Supply: from 10 000 000 BSW tokens (allocated for the initial liquidity, marketing, and strategic partnership purposes)
Contract Address: 0x965f527d9159dce6288a2219db51fc6eef120dd1
Out of these 10 000 000 tokens, 400 000 BSW tokens were used to secure the initial liquidity. This is done to ensure our users can make exchanges and experience all the features of the platform from the very beginning.
Following the results of the community voting that took place between 2023.11.23 and 2023.11.28, the current distribution of BSW tokens per block was set to 11.
All further changes to the distribution of BSW tokens per block will only be made via community voting.
The allocation of 600 million BSW tokens is as follows:
Farms / Launchpools: 80.7% per block
Referral Program: 4.3% per block
SAFU: 1% per block
Team: 9% per block
Investment Fund: 5% per block
Based on the emission rate of 11 BSW per block, here are the new emission figures:
Farms/Launchpools now receive 8.877 BSW per block, which amounts to 255,657.6 BSW per day and 7,669,728 BSW per month.
Referral Program now receives 0.473 BSW per block, which is 13,622.4 BSW per day and 408,672 BSW per month.
SAFU allocation is now 0.11 BSW per block, totaling 3,168 BSW per day and 95,040 BSW per month.
Investment Fund now gets 0.55 BSW per block, which comes to 15,840 BSW per day and 475,200 BSW per month.
The Total Daily Emission is now 288,288 BSW, and the Total Monthly Emission is 8,648,640 BSW.
Initially, 100 million BSW tokens were allocated for Transaction Fee Mining.
According to the update on October 31, 2021, after the Voting for Integration NFT (Earn), GameFi (Play to Earn), and Strategic Partnerships, 100 million BSW tokens will be redistributed:
70 million BSW for NFT (Earn), GameFi (Play to Earn), and Strategic Partnerships
30 million BSW for Transaction Fee Mining
As soon as the trans-fee mining mechanism reaches 30 million tokens, it will be automatically disabled.
Cryptocurrencies and tokens built on a blockchain have set up algorithmically created release schedules. This means we can accurately predict how many coins will be made by a specific time.
Max supply — the coins/tokens that will be ever produced. As soon as the maximum supply is reached, there will be no more of these coins or tokens minted.
The maximum supply of BSW tokens is 700 000 000
Total supply — tokens/coins that exist now. They can be in circulation or somehow locked.
The formula for calculating is quite simple 🔽
The sum of tokens/coins that were already mined (or issued) MINUS the total of coins that were burned or destroyed = Total Supply
Circulating supply — the tokens/coins that are publicly available and circulating in the market. It is possible for a cryptocurrency circulating supply to increase or decrease over time.
The formula for calculating 🔽
Total supply MINUS the Reserve Fund (Team, NFT Earn, Investment Funds, Fee Return Rewards) = Circulating Supply
Market Capitalization (or Market Cap) in the blockchain industry refers to a measure of cryptocurrency market size or, in other words, the crypto asset's value.
The formula for calculating 🔽
Calculating Supply MULTIPLY BY the price of the crypto asset = Market Cap
Use the CoinMarketCap website to track and analyze BSW conditions on the market.
