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![BigSwap Governance Token logo](/static/b/bgsp.jpeg)
What is BigSwap Governance Token?
BigSwap Governance Token (BGSP) is our Governance Token, the Fuel that powers the BigSwap ecosystem.
$BGSP - BigSwap Governance Token Use Case
Governance
Farming/vaults/staking rewards
Minting NFTs
Currency in the NFT Game Marketplace
Voting.
But that’s not all — there’s much more on the horizon for BGSP!
Tokenomics - 10 Million BGSP minted into circulation at time of deployment.
90 Million BGSP will be minted over the next 4 years 8 month.
$BGSP token emission rate will be deflationary, reducing the amount of $BGSP/day issued by the protocol as rewards.
This event is an analogy to bitcoin “halvings”, and has the purpose to encourage early adoption.
The token emission is planned to run for 4 years 8 months, after that time no more $BGSP tokens will be minted
Full description of BigSwap Governance Token
BigSwap Governance
Token (?) (BGSP) is our Governance Token, the Fuel that powers the BigSwap ecosystem.
$BGSP - BigSwap Governance Token Use Case
Governance
Farming/vaults/staking rewards
Minting NFTs
Currency in the
NFT (Non-Fungible Token) (?) Game Marketplace
Voting.
But that’s not all — there’s much more on the horizon for BGSP!
Tokenomics - 10 Million BGSP minted into circulation at time of deployment.
90 Million BGSP will be minted over the next 4 years 8 month.
$BGSP token emission rate will be deflationary, reducing the amount of $BGSP/day issued by the protocol as rewards.
This event is an analogy to bitcoin “halvings”, and has the purpose to encourage early adoption.
The token emission is planned to run for 4 years 8 months, after that time no more $BGSP tokens will be minted
- Exchange symbol (?): BGSP
- Cryptocurrency type (?): Token (?)
BigSwap Governance Token for developers
BigSwap Governance Token social sites
Source: NOMICS