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    • 1️⃣Airdrop
    • 2️⃣ICO - Private
    • 3️⃣Staking
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    • 5️⃣NFT
      • *️⃣Create NFTs with text
    • 6️⃣ChatBW
  • 🔽Tokenomics
    • 🔹Tokens
    • 🔹Initial Supply and Emissions Schedule
    • 🔹veBW
    • 🔹Launch Timeline
  • 🔽BW Spot DEX
    • 🆕BW Spot DEX
      • 1️⃣LIMIT
      • 2️⃣TWAP
      • 3️⃣CROSS-CHAIN
  • 🆕BW Perpetual DEX
    • 1️⃣DEX: BW Perpetual DEX
    • 2️⃣Key Concepts
    • 3️⃣Trade on DEX
    • 4️⃣Hedgers
  • 🔄Blockwise bwNFT
  • 🆙BW Open Marketplace for Liquidity
    • 🔽BW Open Marketplace for Liquidity
      • 1️⃣Whitelist Tokens
      • 2️⃣Add Gauges
      • 3️⃣Add Bribes
  • 🆕BW Liquidity Pools
    • 🔽BW Liquidity Pools
      • 1️⃣Introduction to FUSION
      • 2️⃣Liquidity Pools Typology
      • 3️⃣Earn BW
      • 4️⃣Earn Trading Fees
  • 🔹BW Referral System
  • 🔹BW Roadmap
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  1. Tokenomics

Tokens

Definitions & Concepts

PreviousChatBWNextInitial Supply and Emissions Schedule

Last updated 7 months ago

$BW — BEP-20 utility token of the protocol

$BWemissions currently have two key objectives:

  • Reach and maintain adequate liquidity to facilitate optimal trading conditions — $BW are emitted as farming rewards to incentivize deep liquidity

  • Encourage decentralized governance — $BW can be used to take part in the governance for continuous development of the platform. The long term goal is to achieve true decentralization.

veBW — ERC-721 governance token in the form of an NFT (non-fungible token)

veBW is the vote-escrowed version of $BW. Users can lock their $BW tokens for up to 2 years to get veBW. The longer the lock, the higher the amount of veBW voting power received.

To encourage continuous locking and sustained participation from stakeholders, the veBW balance of users declines over time until it reaches zero at the conclusion of the initial locking period. veBW positions can be increased, split up and resold on a secondary market.

bwNFT — ERC-721 founders' token in the form of an NFT (non-fungible token)

bwNFT can be staked for revenue sharing. The staking pool receives a share of trading fees from Blockwise, as well as royalties from secondary sales ofbwNFT.

Token Addresses

$BW

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