Discontinue supporting nonprofitable strategies (N029)


We are proposing to discontinue support for strategies that are no longer profitable due to decreasing profitability and rising maintenance costs. This decision is required due to several factors:

Market Dynamics : The cryptocurrency market and technological landscape are constantly evolving, with frequent changes in user preferences, regulatory environments, and competitive scenarios. This volatility makes it challenging to sustain strategies that were previously profitable.

Reduced Earnings : Changes in market conditions can render previously profitable strategies unviable, leading to diminished earnings for the DAO. As a result, continuing to support these strategies becomes financially unsustainable.

High Transaction Costs: Transaction fees on blockchains, particularly on networks like BNB Chain and Polygon Chain where the DAO is active, can fluctuate significantly. Strategies incurring high gas fees may no longer be economically feasible, further impacting profitability.

To ensure the long-term financial health of the DAO, we seek community agreement to halt support for unprofitable strategies. This strategic shift will allow us to focus resources on initiatives with higher potential returns, thereby maximizing value for all stakeholders.


This proposal is part of our primary mission — speed and security of profit generation enabled by crypto assets.


The scope of work includes the following tasks, among others:

  1. Discontinuation of Ineffective Strategies:
  • Identify and terminate strategies that have become unprofitable or unsustainable due to the reasons mentioned earlier.
  1. Suspension of Incentive Programs:
  • Cease incentive programs linked with these strategies and staking activities to mitigate further financial strain on the DAO’s resources.

Chains Involved:

  • BNB Chain
  • Polygon Chain
  1. Move BLID Liquidity on Dexes from BNB and Polygon to Ethereum Mainnet

Reasons for movement:

  • Lack of Support: The DAO has encountered challenges with support from BNB and Polygon chains, potentially impacting its operations and growth prospects on these networks.

Proposed Actions:

  • Transfer BLID Liquidity Pairs: Shift liquidity pairs for BLID from BNB Chain and Polygon Chain to Ethereum’s mainnet, where there may be stronger support and a larger user base.
  • Ensure Bridge Liquidity: Guarantee sufficient liquidity for the bridges facilitating this migration to ensure a seamless transition for token holders and traders.

By undertaking these actions, the DAO aims to streamline its operations, optimize resources, and position itself for sustained growth and success in the dynamic cryptocurrency landscape.




Yes – If this proposal passes, Bolide will follow the proposed usage of funds as described above.
No – If this proposal rejects, it will go back for further discussion to align on the required changes before the updated proposal is re-sent for review.