What Is Bolide (BLID)? Complete Guide & Review About Bolide

What Is Bolide (BLID)?

Bolide is a next-generation decentralized yield aggregator that optimizes the deployment of its clients’ digital assets across multiple platforms, saving investors time and money and earning them market-leading yields. $BLID token is Bolide’s native utility token, and plays a pivotal role in the dynamics of the Bolide ecosystem.

Bolide is decentralized Cryptocurrency investment platform. It allows users to invest cryptocurrency assets in a set of algorithm-based investment strategies to have income in a safe and decentralized manner. Investors choose a Strategy and place assets on a smart contract. The smart contract then invested assets with the Algorithmic-based Strategy on lending and farming protocols, third-party DeFi projects.

All rewards earned from third-party DeFi projects are converted into Bolide ($BLID) coins and paid to users. The project is designed and developed by an experienced team, that has been part of the DeFi world since it started. They are committed to the idea that Decentralized Finance is the New Black.

Coin Basic	Information
Coin Name	Bolide
Short Name	BLID
Max Supply	N/A
Total Supply	N/A
Source Code	Click Here To View Source Code
Explorers	Click Here To View Explorers
Twitter Page	Click Here To Visit Twitter Group
Whitepaper	Click Here To View
Support	24/7
Official Project Website	Click Here To Visit Project Website

Team

Fifteen percent of tokens are distributed to the Bolide project team. The distribution will be equally divided over 16 quarters (4 years in total).

Company/Launch

Two thirds of the company’s tokens will be distributed for the project launch, in order to achieve the initial liquidity. The rest part of tokens are allocated for the same purpose and will be vested during the next 10 quarters.

Investors

Forty percent of total token-emission is distributed over several investment rounds.

Marketing

During the early stages of the project, particularly around launch-time, the marketing and incentive-pull budgets will be higher. However, they are expected to reduce over time, post-launch.

Token vesting

The team

The team share has a 4-year vesting period with a quarterly schedule.

Company

Company share has 10 quaters vesting period yearly based.

Marketing and Incentives

Bolide Marketing and Incentives shares have quarterly based vesting. It will happen in accordance with the next schedule.

Investors

Seed token sale round has a 12 month lock-up period, and the vesting process will be finished within the next 8 quarters (24 months). Currently, the token sale calendar has preliminary defined dates and is available for review.

Governance

The core principle & integral part of DeFi is cooperation & community. Hence, Bolide will be implementing its own DAO (Decentralised Autonomous Organisation), a crucial infrastructure building instrument that gives the community, precisely Bolide’s community, to participate in the product creation process.

This approach allows to reduce the human factor impact, which sometimes slows down the processes of a company’s operation. The creation of a decentralized working group distributes the contribution of each node. This not only increases efficiency, but contributes and allows for utmost transparency of all internal processes.

First and foremost, DAO allows to build a completely democratic governing structure. As mentioned, we are strong believers of the fundamental values that DeFi gives an opportunity for and DAO allows for their realization.

The logic of the governance structure will become more complex as time goes on and the project evolves, while through collective reasoning and discussion vulnerabilities in the system can be identified and resolved.