[TIP-7] Token listing on BIM exchange

Abstract

This proposal outlines a strategic plan for listing TROTEL on the BIM exchange, focusing on three primary objectives: increasing liquidity, enhancing visibility, and encouraging adoption of the TROTEL token. The proposal includes a detailed token release plan with a three-month cliff and a 12-month vesting schedule, an allocation of 5% of the total supply for the listing.

Methodology

What is BIM ?

The development of BIM Exchange is governed by BIM and its DAO, a community platform that allows BIM token holders to vote or create proposals that will influence the BIM Exchange roadmap. BIM Exchange is building a world where anyone can freely, reliably and effortlessly trade their funds on their own terms. BIM Exchange has integrated a solution to allow our customers to easily buy crypto-currencies with fiat (EUR, USD, CHF, GBP, ARS ...) directly on their website. (https://exchange.bim.finance/)

1. Initial Token Distribution

• Total Supply: 100,000,000 TROTEL
• Team: 6% (6,000,000 tokens)
• Liquidity Pool: 50% (50,000,000 tokens)
• Public Sale: 14% (14,000,000 tokens)
• DAO Treasury: 10% (10,000,000 tokens)
• Private Sale: 15% (15,000,000 tokens)
• Marketing: 5% (5,000,000 tokens)

2. Current Context

• TVL (Total Value Locked): 21% (21,000,000 tokens in staking)
• Current Token Price: $0.0002298
• Number of Holders: 198
• Current Liquidity: $20,000
• Market Cap: $23,000

3. Token Release Plan

• Total Tokens for Allocation: 5,000,000
• Cliff Period: 3 months (no token release during this period)
• Linear Vesting: Over 12 months post-cliff
  • Monthly Release: Approximately 416,666 tokens

4. Allocation Proposal

• Allocation Amount: 5% of the total supply (5,000,000 tokens)
• Current Value of Allocation:
  • Unit Price: $0.0002298
  • Total Value: $1,149

5. Decentralized Governance

• Snapshot Vote:
  • A community vote will be held on Snapshot to unlock DAO treasury funds for the 5% token allocation.
  • Voting Process:
    • TROTEL holders will vote to approve or reject the 5,000,000 token allocation.
    • Ensuring transparency and community involvement in crucial decisions (treasury allocation).
    • Depending on the vote outcome, the allocation could be made in another way.

Conclusion

We propose allocating 5% of the total current supply (5,000,000 tokens) for the listing on BIM. This allocation aims to increase liquidity, enhance TROTEL's visibility, and promote its adoption. The approach ensures price stability and positions the project for potential market cap growth. The proposal invites the community to participate in governance through a Snapshot vote, ensuring transparency and collective decision-making.