Funding Request: LBank Activities

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.