Liquidity Pool on Base Update

Hi bloXmovers & Lynxies! After careful consideration by the Pre-DAO group, we have come to a conclusive offer for a new liquidity pool. The pool will be created on BASE if the needed liquidity can be provided. This means part of the BLXM tokens will migrate. The first pool will be in BLXM/ETH. As the pool is on BASE, the fees are low (unlike ETH).

Last week’s vote (92 voters) showed support for a new pool. This was a soft commitment and votes were anonymous. We would like to get a clear commitment now that we know the terms & set-up, before proceeding with the token migration to BASE. After the team initiated the token migration, people can bridge their tokens independently to BASE and provide liquidity.

The
proposal
The pre-DAO group proposes to offer a 1 million BLXM token reward pool for the liquidity pool for the 1st year. LP providers can choose to provide liquidity in a 3-month or 6-month locked pool. The ones providing liquidity in the 3-month locked pool, share 100k BLXM (400k BLXM in 1 year). The 6-month locked pool offers 300k BLXM to share every 6 months (600k BLXM in 1 year). Rewarded tokens come without vesting.
The platform chosen for this is Unvest: https://www.unvest.io/

Ne
xt steps
Now that the terms are known, we need the people who voted to confirm their interest in providing liquidity. Confirming means joining our Pre-DAO group and sharing the amount you are willing to commit. This allows the Pre-DAO group to confirm if we reach the minimum threshold for a solid liquidity pool.

Please fill this form: LP Application Form. For any questions, please reach out to @toluafoshi or @GreenAltCrypto. We will keep this form open until the threshold is reached.
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