Title: Funding Request: LBank Activities
Authors: Dragoo#3089
Date Created: 15/11/2022
Date Posted: 15/11/2022
SUMMARY
Bolide is successfully entering the market and discovering new horizontals. To compete in this challenging field, we are collaborating with LBank and listing $BLID to increase the number trading volume of $BLID and increase the customer acquisition metrics.
BACKGROUND
Listing in LBank is a top decision that will have positive results for the protocol, we are aiming to increase our token trading volume, TVL and acquire new users.
MISSION & VALUES ALIGNMENT
An important priority for Bolide will always be to create a reliable system that will bring breakthrough solutions to the DeFi market. This is an ambitious and difficult goal to achieve, but we can cope with.
SCOPE OF WORK
After receiving the approval of the proposal, the next steps will be followed:
Allocate $BLID to LBank wallets to perform Co-Marketing activities (AMA & Trading competition)
FINANCIAL IMPLICATIONS
Evaluating the minimum amount of assets that LBank asks to allocate in their wallet, we request the amount of 424,293.07 $BLID tokens from the Incentive wallet.
POLL
Yes – If this proposal passes, Bolide will follow the proposed usage of funds as described above
No – If this proposal is rejected, it will go back for further discussion in order to align on the required changes, before the updated proposal is re-sent for review.