Bolide — a decentralized cryptocurrency investment platform. It allows users to invest crypto-currency assets in a set of algorithm-based investment strategies to generate income in a secure and decentralized manner.
About Bolide project
Bolide is committed to providing the ecosystem with a variety of investment strategies. You choose the best option, depending on the level of risk, time and amount of your participation. Investors choose a strategy and place assets on a smart contract. The smart contract has invested the assets with an algorithmic strategy in lending and farming protocols, third-party DeFi projects.
The $BLID token has a limit of 10,000,000,000, all tokens are minted during the deployment process. 15% of tokens go to the Bolide project team. The distribution will be divided equally into 16 quarters (4 years in total). Two-thirds of the company's tokens will go to the launch of the project, in order to achieve initial liquidity. The rest of the tokens are allocated for the same purpose and will be transferred over the next 10 quarters.
Rewards are distributed in blocks:
| Boosting strategies | To increase the income of strategies, part of the funds will be directed to pumping. |
| Farming $BLID/BNB | In order to increase customer profits with the $BLID deposit feature, the developers will use the additional budget. |
| Farming $BLID/BNB | Clients will be able to create pairs of tokens and receive additional profit. |
Bolide will implement its own DAO (Decentralized Autonomous Organization), a critical infrastructure building tool that empowers the community, namely the Bolide community, to participate in the product creation process. This approach allows to reduce the influence of the human factor, which sometimes slows down the processes of the company's functioning.
More about defi app
40% of the token supply is divided into investment rounds. All money, coming from investment rounds, goes to a special vault, called Bolide Treasure. Money from Bolide Treasure can only be used in strategies for profit. Profit from strategies will be transferred to a special Profit wallet.