BiSwap Completes Largest BSW Token Burn Ever

BiSwap has also launched the first BSC GameFi with rewards in multiple crypto tokens: Squid NFT World.

Kyle Heise
December 25, 2021
BSC News

BiSwap Burn and GameFi Launch

The BiSwap Decentralized Exchange (DEX) had its 23rd token burn on December 22, the largest $BSW token burn in the protocol’s history. The protocol burned 2.7 Million BSW tokens, roughly $5.1 million USD.

BiSwap also reached the top of the BSC News weekly gainers charts between December 14-21. The token price of BSW was noticeably affected by the gain, rising over 20% to near all-time high levels just below $2. 

“This is the most majestic BSW Burn in Biswap history! Once again, Biswap surprises with the number of tokens burned!” BiSwap wrote to their Telegram users on December 22. “Enjoy the mighty sparkles of the BSW tokens!”

The token price has since lost all the gains it made in the previous week. It now sits at $1.40 on December 24, at the time of writing, according to CoinGecko.

BiSwap has also been riding the launch of a new PlayToEarn game, the first GameFi on Binance Smart Chain to reward users in more than one crypto token. Rewards will be available in BSW and BNB tokens. The Squid NFT World game launched on December 23, and it remains to be seen how successful the game will be.

“Biswap has sought to create the premium-level GameFi project. Squid NFT World features exquisite perks that will make every Biswapper be over the moon!” the BiSwap team announced in a blog from December 23.

For a full review of the game check out the blog and head over to Squid NFT World to begin playing!

What is Biswap?

Biswap is the first decentralized exchange platform on the market with a three-type referral system and the lowest platform transaction fees (0.1%). It is a decentralized exchange platform for swapping BEP-20 tokens on Binance Smart Chain. Biswap has a popular utility token, BSW, with a huge user base that supports the Biswap ecosystem. Apart from being able to trade BSW token, you can also make use of a wide variety of additional benefits that come along with it. Biswap aims to become a benchmark for DEX platforms. 

Where to find Biswap:

Website | Telegram | Twitter | Medium

Kyle Heise

Born and raised in the East Bay of California. He has studied and worked on three continents and lived in eight countries. Kyle resides in San Francisco. He holds bags mostly in ETH, CRO, CAKE, and BSC meme projects.

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