Biswap Exchange is an automated market maker (AMM) that allows users to exchange two tokens on the BNB Chain network. The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in Liquidity Pools. In exchange, a user gets LP tokens that can also be staked to earn BSW tokens in the "Farms".
When users make a token swap (trade) in the Exchange tab, a trading fee of 0.2% will be charged, which is broken down in the following way:
- 0.15% - LP Reward for Liquidity Providers
- 0.01% - BSW Token Burn
- 0.02% - Biswap Earn (Multi-reward pool, Double Launchpools, other product features)
- 0.02% - Biswap Team