FODL Proposal - 5.23.23

Over the past 2 years the FODL team has built and maintained a decentralized application to automate several complex transactions into one to allow for a simple way to execute short or long leverage trades by using liquidity from money markets on ethereum polygon and binance smart chain.

FODL's development team has curated and optimised the execution engine for trading strategies, upgrading them to keep up with state of the art liquidity protocols. FODL integrated with 1inch and Uniswap V3 smart contracts to provide cheap flashloans and low price impact routes. The backend services are maintained and run continuously to compute these routes and serve them to the UI for efficient trade execution. These services have to be maintained on all 3 chains FODL operates on.

In order to continue with such maintenance of the platform and to pay for accumulated back dev pay, the team is requesting access to the tax wallet to be used to continue with upkeep costs.