Biswap | Cryptocurrency Exchange | DEX ...
Biswap is a decentralized platform that allows you to trade, earn, and build your business with cryptocurrencies. You can also join airdrops, provide liquidity, and access real-time …
Last updated
Biswap is a decentralized platform that allows you to trade, earn, and build your business with cryptocurrencies. You can also join airdrops, provide liquidity, and access real-time …
Last updated
Biswap is a decentralized finance (DeFi) platform that operates on the Binance Smart Chain (BSC). It provides users with a suite of financial services, including swapping, farming, and staking, with a focus on low transaction fees and a user-friendly experience. Biswap aims to create a robust ecosystem that attracts both novice and experienced cryptocurrency users.
For V3 Exchange, claiming trading fee rewards has to be done manually. This can be accomplished on the position detail page. All of your V3 liquidity positions can be located on the liquidity page.
On the V3 Exchange, the LP fee reward APR may fluctuate across different liquidity positions. This is determined by several elements:
Trading volume - higher volume generates an increase in fee rewards
Liquidity pair fee tier - a larger fee tier creates more fee rewards from individual trades
Quantity of tokens deposited - a greater amount of tokens in the position results in a larger proportion compared to the total active liquidity, thereby accruing more trading fee rewards from trades
Chosen price range - a narrower price range allows a higher concentration for the same quantity of token deposited, which means a larger proportion compared to the total active liquidity and, consequently, more trading fee rewards from trades
Amount of currently active liquidity - if more users deposit and concentrate their liquidity within the same range as you do, your trading fee earnings will reduce due to a smaller proportion against the total
Status of the liquidity position - only those liquidity positions that are active will earn trading fee rewards
It is advised to utilize V3 liquidity to leverage the new features for improved efficiency.
