Funding Request: Allocation of $BLID tokens to the project team

Author: obsqurial#5725 Date Created: 08/02/2023 Date Posted: 08/02/2023

SUMMARY

$BLID tokens distribution to the project team is part of our tokenomics. The allocated tokens will be distributed to the project team with a 12-month lock-up period.

BACKGROUND

It is vital to keep the project team motivated. $BLID token distribution is part of our motivation strategy.

MISSION & VALUES ALIGNMENT

This proposal is part of our main mission — speed and security of profit generation enabled by crypto assets. Conducting a regular and ongoing evaluation of the development department is an important tool not only for the preservation of product integrity but also for community integrity. Thus, quality assurance will never be underestimated and we will always keep to ensuring the prevention, anticipation, and preemption of any possible flaw.

SCOPE OF WORK

The scope of work includes the following tasks: Developing, testing and deploying a new smart contract

FINANCIAL IMPLICATIONS

Evaluating all the costs the team requests 230,581 $BLID tokens (10,481 $ USDT) from the Team wallet.

POLL

Yes – If this proposal passes, Bolide will implement the scope of work 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