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BIMBIMby0xd91bDCbBcf1f9A59f6F10Ff24Ba381C57597Ef200xd91b…Ef20

[TOKENOMICS] Revision of BIM Tokenomics

Voting ended almost 2 years agoSucceeded

Context: When we launched BIM in 2022, our ambition was to raise significant funds to finance our investment activities in Made In France. However, various factors such as the cryptocurrency bear market, the falls of major entities such as FTX and Celsius led us to find other solutions. In response, we pivoted strategically to become a decentralized governance token of a platform for exchanging, selling, buying, staking and bridging cryptocurrencies, while seeking to achieve profitability quickly.

Proposal: In order to adapt our tokenomics to our new strategic direction, we propose the following adjustments:

1.reduce total supply:

  • Reduce total supply by 89%, from 314,000,000 to approximately 34,000,000 BIM.

2.readjustment of Wallets:

  • 90% reduction of tokens in the DAO wallet 0x115A40E5F42a9369797643a65220411C533da38c

  • 90% token reduction in reserve for future listings 0x6cE8c05aACb514061dE16146AC0b7d4bBeae163D

  • 50% reduction in tokens in BIM members' wallet.

  • 78.72% reduction of tokens in founders' wallet.

  • 91.43% reduction of tokens in TEAM wallet. 0xB07232DDD2FE3C3572Ed129099eca12B779c5F6d

  1. Token lock and unlock:

    • Impose a 90% lock for all team members' wallets, with a progressive unlock of 2% per month, equivalent to a total unlock over 4 years and 2 months.

    • For the TEAM wallet, introduce a 1% monthly unlock.

  2. DAO management: Consider DAO tokens to be in circulation, and continue to vote on each use of the tokens.

  3. Status quo for Other Wallets : No change to other existing wallets.

Anticipated Impact: This revision aims to create a more equitable tokenomics structure aligned with our current vision, reinforcing confidence in our project and potentially increasing the value of BIM tokens for current and future holders.

Total supply will be approximately: 33,421,887.69 BIM Supply in circulation: 24,409,442.78 BIM 77.73707891% Market capitalization: $27,582,671.72 CoinMarketCap ranking between 800 and 850

Voting process: DAO members are invited to express their vote for or against this tokenomics revision proposal. Your participation is crucial in shaping the future of BIM in line with the aspirations of our community.

Voting dates : Voting will begin on 05/04/2024 and conclude on 08/04/2024.

We're counting on your active participation to decide together on the future of our tokenomics. Your vote counts!

Off-Chain Vote

YES
10.92M BIM100%
NO
0 BIM0%
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Discussion

BIM[TOKENOMICS] Revision of BIM Tokenomics

Timeline

Apr 03, 2024Proposal created
Apr 04, 2024Proposal vote started
Apr 07, 2024Proposal vote ended
Apr 07, 2024Proposal updated