Community Proposal: Flexible Farming

To begin with, we would like to thank our community for supporting us through the first week of our live project. We’ve been blown away by how many of you believe in what we’re trying to accomplish. All suggestions and ideas on how we can improve BlockBlend’s products and utility have been constructive and much appreciated by BlockBlend’s entire team. And now we’re getting to the fun part!

As we advance, any changes we make to BlockBlend’s utility will be voted on by token holders. BlockBlend’s token holders are the lifeblood of the project, so we believe you should have control over changes and additions.

Flexible Farming

Our first proposal is called Flexible Farming. It is our aim to continue developing the utility of $BBL and make it even more rewarding for token holders.

The proposal is as follows:

New farming pools will be introduced where investors can stake their $BBL and earn tokens from other projects (voted on by the community).

BlockBlend’s development wallet will fund the pools in the following way:

• When BlockBlend’s market cap reaches $10m, the BlockBlend development wallet will sell $2,000 of $BBL spread over 24 hours, each day, for 100 days.
• Using the $2,000 per day, the selected token will then be purchased on the market, and then 100% of the tokens will be added to the flexible farming pool.
• The next token pool will be voted on by users after the value of the pool reaches $200,000 in value.
• IMPORTANT: We will not sell $BBL if the selling pressure is too high or the volume is too low.
• We might consider increasing the size of the pool and the amount of $BBLs sold if the market cap is higher; however, this would only be decided by the community.
• We may also make small tax adjustments (which will be communicated to the community) to help speed up pool allocation and enable us to create more flexible farming pools faster.

The following steps will be for our community to vote on this proposal. The voting link will be shared in our telegram chat in the next few days, and we’ll ask for feedback on which farming pools you’d like to see introduced.