The Biswap roadmap is updated every 3 months, taking into account community feedback and everything that’s happening in the market.
In this post, I will share my analysis and views on the latest Biswap roadmap update for Q3 2022 and what it reveals about the project’s immediate future.
But first…
What is Biswap?
Biswap is the second-largest and most popular decentralised exchange on the BNB Smart Chain (BSC) in terms of volume, the number of users, TVL, etc.
The exchange is well-known for having the lowest exchange fees on BSC, a multi-type referral system, and a wide range of innovative DeFi products or features.
Some major highlights of the exchange include:
- Lowest trading fees.
- Smooth user experience.
- Unique multi-type referral system.
- Transaction fee rebate of up to 50% in BSW.
- Unique and innovative products or features.
- Multiple lucrative investment opportunities.
…etc.
You can learn more by reading my Biswap review where I covered everything about the project.
The updated Biswap roadmap
On August 1, 2022, Biswap released its updated roadmap for the 3rd quarter of the year.
It highlights what the team has accomplished so far, what they’re currently working on, and what’s to come in the nearest future.
Below, we’ll be discussing all these features and what they mean for the future of the project and your investment.
Biswap newly launched features
Over the past few months of 2022, Biswap has launched several unique and profitable features which include:
- The double launchpools: These pools allow you to stake BSW to earn more BSW and other premium tokens. They’re a great way to diversify and grow your portfolio passively.
- NFT marketplace v2.0: The Biswap NFT marketplace allows you to trade NFTs with the lowest commission of 1%, NFT staking with up to 1000%, 50% fee rebate for buyers and sellers, etc. The latest version comes with new filters, a smoother layout and navigation system, platform stats, etc, for a top-notch user experience.
- Fixed staking: This is another first-of-its-kind product on BSC which allows you to stake selected premium tokens for a fixed term to earn the same token back with juicy APR. Currently, you can stake BNB, ADA, and DOT to earn more of them.
- Swap referral program: Previously, the referral program was only active for farms, launchpools, and the lottery. Now you can earn up to 20% of all your referral trading fees. This is another lucrative and passive income opportunity you can leverage to stack more BSW.
- Squid NFT world: The Biswap Squid NFT World is an NFT game exclusively for BSW holders. The upgraded v2.0 comes with stable BSW rewards, multi-token rewards, jackpot, and renewed game tactics, for a smoother user experience and increased profitability for players. To be able to play these NFT games, you need to first stake some BSW in the Holder Pool.
- Binance listing: This is not necessarily a “feature” but a major milestone for the project. The token was listed on Binance in late March 2022 and hopefully, before the year ends, we will see more major exchange listings.
Biswap features that are currently in development
Among the various DEXes on BSC, Biswap already has some of the best, most unique and lucrative products or features.
But they’re not stopping there. Below is a highlight of what the team is currently working on and will release next.
- Multi-reward pool: Interestingly, this feature has already been implemented as of August 16, 2022. From single staking pools, to double launchpools, and now multi-reward pools that allow you to stake BSW to earn multiple tokens (BUSD, BSW, WBNB). It’s amazing how Biswap keeps releasing one lucrative earning opportunity after another. It’s no wonder the platform keeps attracting new users and growing in TVL, volume, and other important metrics.
- Exchange page with graphics: Charts and professional trading tools are coming to Biswap, allowing you to better analyse market data for optimum trading. This will attract more traders and bring increased trading volume to the exchange. Which ultimately translates to potentially more rewards for stakers on the platform.
- Perpetual trading: Soon, you’ll be able to trade the futures market with leverage on Biswap. Features and products that were previously only available on centralised exchanges are coming to your favourite DEX. This will further help to attract more traders and volume to the platform.
- NFTs to Biswap collectibles: This feature will allow you to convert your Robbies and Biswap Squid Game NFTs to 300 exclusive Biswap collectibles NFTs with unique benefits, including up to 15% cash back, up to a further 1% increase in referral rewards, and an exclusive double launchpool.
- Others: The other things the team is working on right now include, listing on other main crypto exchanges, new strategic partnerships and increased marketing and publicity for the project.
There’s a consistent drive to acquire new users, grow market share and increase the user experience or earning opportunities for investors on Biswap.
Furthermore, the team is clearly working very hard and committed to taking the project beyond imaginable levels.
And these, among other reasons, are why I am passionate about the project and comfortably staking as much BSW as I can afford.
Biswap planned features
There are even more features and products planned ahead for Biswap once the team is done with all the above. Prominent among them are:
- Fixed staking v2.0: An upgrade of the fixed staking feature will come with higher APRs or rewards and encourage users to trade more on Biswap. The more trading volume you generate on the platform, the greater your rewards.
- New Innovative Launchpad System: An exclusive initial DEX offering (IDO) program that’s only accessible to BSW holders and offers up to 1000% guaranteed allocation.
- Trade & Win a random reward: To further encourage users to trade more on the platform, Biswap will be creating a tool that rewards them with some random rewards for even minimal trading volume.
- Multi-chain: Biswap is spreading other smart chain networks like Ethereum, Fantom, Polygon, Arbitrum, etc. We don’t know what chain will be first or even how many, but it’s good to know that the project is expanding beyond BSC and increasing its influence in all of DeFi.
- Limit orders: Limit orders allow you to place your orders with specific t=price targets and wait for them to be filled. No more constantly monitoring the market and watching charts with tired eyes. You will be able to set it and leave it, then come back to see the results later with limit orders on Biswap.
Connect with Biswap
Don’t be told. Follow the Biswap development, participate and enjoy all the benefits it has to offer.
Visit or join the Biswap social media and local communities.
And if you’re as passionate about the project as I am, you can join their Space Agents Program (SAP) and win great prizes.
For example, this article was entered into the SAP for a chance to win up to $2,500 in BSW per month.
Conclusion
Biswap has come a long way since its launch in May 2021, thanks to its excellent leadership, innovative products or features, and vibrant community.
Here are 3 important things that are happening as a result of everything they’ve been doing:
- The userbase, TVL, volume, and other platform metrics continues to grow as the project pursues its aggressive development and marketing programs.
- BSW holders and active investors on the platform have multiple lucrative earning opportunities to make more money with their assets as the platform revenue grows. You want to align yourself properly to take advantage of these opportunities.
- The user experience is moving to a whole new level with multiple fun activities in the Biswap metaverse such as games, NFTs, and contests that also empower you to earn even more.
Looking at what the exchange has accomplished within this short term, we can only imagine where it’ll be when all these new features on its roadmap are fully released in the coming months.
What do you think about Biswap’s unprecedented growth and planned features?
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