Hello, everyone ๐ I want to propose an idea which can easily increase the value of BIFI and the beefy ecosystem itself - MooStarter (Name can be changed).
Why beefy is perfect for this? - it's multichain. And this is a key feature, because it will allow to be flexible and reach a large audience of projects that want to launch using beefy on any chain!
๐ณ Participation & Conditions
Users which will want to participate in the up-coming project capital raising and buy tokens will need to stake BIFI in the BIFI Maxi Pool ๐ฎ
Staked 0.1 BIFI will represent 1 lottery ticket. Overall tickets number will be limited and pre-determined, so not everyone can win.
After a draw, the lucky ones will be able to buy an allocation proportional to number of their winning tickets in USDC (USDT, UST...)
In order to not turn the token into a volatile monster, I suggest sticking to this model, because raising capital in BIFI can literally make it a Pump-n-Dump token.
๐ฐ Revenue & Benefits
Adding a new utility in any case will have a positive effect on the BIFI. One can easily guess what the effect will be just by looking at how the tokens of other major projects reacted to the opening of their own launchpads. The difference is that 99.9% of these tokens are inflating out of control (And still inflating by this day) what negatively affects the price. In the case of Beefy, everything is completely different. I think that this idea can achieve a huge effect in combination with the popularity of the project, since almost every DeFi user knows The Best Yield Optimizer across almost all EVMs!
The Beefy team can easily take a Service Fee for those projects who want to use launchpad. Service fee can be used for team salaries and ecosystem expansion.
Off-Chain Vote
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- Author
0xc8eCโฆD08f
- IPFS#QmYYVtnF
- Voting Systemsingle-choice
- Start DateApr 13, 2022
- End DateApr 17, 2022
- Total Votes Cast844.01 BIFI
- Total Voters57
Timeline
- Apr 13, 2022Proposal created
- Apr 13, 2022Proposal vote started
- Apr 17, 2022Proposal vote ended
- Oct 26, 2023Proposal updated