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Author Topic: BicSwap - The Next Generation of Automated Market Makers  (Read 40 times)
BicSwap (OP)
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April 09, 2021, 03:56:46 PM
 #1

BICSWAP.COM is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.

BSC Contract: 0x02da2daed86b46e749d4c7418603661a699e2f4f
Website: https://bicswap.com

BICSWAP launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. Bicswap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. BICSWAP also allows users to farm additional tokens such as BSW Token On the farm, users can deposit LP tokens and get rewarded with BSW Token.

BicSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn BSW, stake BSW to earn more BSW and stake BSW to earn tokens of other projects.

BICSWAP uses an automated market maker model, meaning that there are no order books and liquidity pools are used instead. A user can earn income by becoming a liquidity provide; by adding their tokens to the liquidity pool they can farm LP tokens and stake their BSW Token to earn rewards. They can also try their luck with the lotteries and non-fungible tokens.

The BICSWAP token is a BEP20 token that originally launched on Binance Smart Chain. The main function of BSW Token is to incentivize the liquidity provision to the BICSWAP platform.

Users can stake their tokens to earn rewards, which is done by depositing Liquidity Provider tokens and locking them up. This is known as farming and is rewarded by the system with BSW tokens. The tokens can be un-staked with zero holding time. BSW Token gives users the opportunity to invest and increase returns in the future but comes with risks.

BSW can be used to enter a lottery on BICSWAP. Each lottery session takes 6 hours. A single ticket costs 10 BSW and comes with a random combination of four numbers between 1 and 14, for example, 8-6-4-13. To win the jackpot, which equals 50% of the entire lottery pool, the numbers in your ticket need to match all four of the numbers in the winning ticket.

Users can also win non-fungible tokens that can be traded for BSW Token or kept in a wallet.



IDO information:
Supply :1,000,000,000 BSW

IDO : 100.000.000 BSW

Price
IDO Round 1 : 1BNB = 60000 BSW

IDO Round 2 : 1BNB = 55000 BSW

IDO Round 3 : 1BNB = 50000 BSW

IDO Round 4 : 1BNB = 45000 BSW

IDO Round 5 : 1BNB = 40000 BSW

IDO Round 6 : 1BNB = 35000 BSW

IDO Round 7 : 1BNB = 30000 BSW

IDO Round 8 : 1BNB = 25000 BSW

IDO Round 9 : 1BNB = 20000 BSW

IDO Round 10 : 1BNB = 15000 BSW


Airdrop Information: Join our airdrop and Earn 2000 BSW and additional 400 BSW for every Referral.Link Airdrop: https://t.me/bicswap


Thankyou
BEST REGARDS !

DaMut
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April 09, 2021, 03:59:50 PM
 #2

what is the next generation of Amm? the description above is almost exactly what we have on every Amm now.
do you have a Mvp where the Amm takes place?
I would like to see the design of this Amm. it is not going to be another fork of pancakeswap or uniswap, right?

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ryzaadit
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April 09, 2021, 04:09:58 PM
 #3

Nice one copy cate from PancakeSwap explanation :

Quote
PancakeSwap is an automated market maker (AMM) — decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.
Source: https://medium.com/@tokoin/bsc-network-here-are-the-projects-that-using-this-chain-1e225a660d1d

Everyone don't invest anything, since this project copy-cate explanation from Pancake mean that potential really high to be scam they just want to take opportunity because the hype of "BSC".

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Yogee
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April 09, 2021, 04:29:16 PM
 #4

what is the next generation of Amm? the description above is almost exactly what we have on every Amm now.
You should respond to this BicSwap.

Additional questions that I would like you to address,
- How are you different from PancakeSwap since it's like the "standard" for AMMs on BSC today?
- Do you have your own router? There are many AMMs routing through other platforms mostly on PancakeSwap.

R


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