Liquidity consolidation (N025)

SUMMARY

To optimize liquidity management, we suggest consolidating the available liquidity across different blockchains (BSC/Arbitrum/Polygon) into one blockchain on the Ethereum network. As part of this optimization, we propose converting all provided to DEXes USDT to ETH, taking into consideration the current bullish market conditions.

MISSION & VALUES ALIGNMENT

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

SCOPE OF WORK

Scope of work to include but not necessarily limited to the following:

  • Withdraw BLID-USDT liquidity from Pancakeswap, ApeSwap, Uniswap, Quickswap
  • Swap USDT liquidity to ETH
  • Move the liquidity to Ethereum mainnet chain
  • Create BLID-ETH pair on Uniswap

FINANCIAL IMPLICATIONS

NA

POLL

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.