The 2023 roadmap from BNB Chain decentralized exchange Biswap includes several suggested upgrades and improvements. Details about a new AMM, route optimization, and perpetual trading are included.
By allowing liquidity providers to accumulate capital over shorter price intervals than from 0 to infinity, a new AMM protocol with concentrated liquidity will improve capital use efficiency and give users more profitable exchange conditions with less slippage.
Users can execute larger transactions with less slippage, boost capital efficiency, and reap greater benefits from trading fees for Liquidity Providers with improved routing to identify the best trading pairs.
The Biswap team has created several initiatives to ease pressure on the price of the native Biswap token and offer chances for greater earnings for long-term BSW token holders. They will eventually be presented for discussion and voted on by BSW holders.
The Biswap team has implemented decentralized futures trading in response to changing market trends (with an on-chain order book on the BNB network). The team has chosen to connect a pre-made solution from ApolloX at this stage of product development to implement this idea safely.
There are plans to develop a widget that will improve trading with Biswap Liquidity and make it easier for users to exchange tokens as part of the expansion of the Biswap ecosystem. This can be used with products made by other companies.
The progressive DEX from Biswap on the BNB Chain has low trading fees of 0.1% and a Multi-type Referral Program. The platform offers several cryptocurrency-related services, including exchange, farming, and staking. The project also has a native BEP-20 token called BSW that enables users to access the most well-liked features on the platform. BSW’s main goal is to encourage liquidity supply to the Biswap platform.
Liquidity Providers can profit 0.15% from token swap transactions thanks to high LP rewards. Liquidity providers can also stake their LP tokens on farms to earn BSW tokens with appealing APYs. Users who exchange tokens receive up to 50% of the trade fee back as reimbursement. The system automatically returns the fee to the user in the form of BSW tokens.
Biswap is the progressive DEX platform on the BNB Chain network with a Multi-type Referral Program and the lowest trade fee of 0.1%. The platform provides various services with cryptocurrencies, such as Exchange, Farming, Staking and others.