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closedEnded 3 years ago ยท Snapshot (Offchain)

Bodega Blocks

By 0x4Aae...Cf6679

Proposed Purchase: Purchase 214 Genesis Bodega Blocks for $40,000 USD (30.5 ETH)

Proposed by @Boardshorts | TheLandSafe Disclosure: Boardshorts is a Senior Mod for the Bodega Blocks Project and owns 3 Preferred Genesis NFTs

We negotiated a Bulk Purchase for a Discount of 20%. This effectively increases the yield of each Bodega Blocks NFT to 72% Projected Annual Returns: $30,000 USD (23 Eth) Daily Minimum Returns: $79-$80 ROI timeline: 490 days

Bodega Blocks is a utility-driven, generative urban art collection that generates passive rewards in the form of stable coin to its holders. The Bodega Blocks Project operates various master nodes and receives Block Rewards in return. These rewards are then passed on to holders according to the Bodega Blocks they own. Rewards are generated daily and holders can claim whenever they please.

A master node facilitates decentralized management and administration of the distributed network such that the network will not favor any country, geography, company or person because those running masternodes have additional responsibilities such as voting on development matters and issues. They ensure a decentralized budgeting system and an immutable proposal and voting system.

Based on the tier of NFT you own and the mint price, a base rate of 50%-72% APR (potentially more based on the performance) will be assessed and distributed via USDT, USDC, or ETH (holder chooses).

Why we think this is a reasonable, safe move for the LandSafe Project

  • 72% APR Passive Stablecoin Rewards
  • Floor Stability System where the team will buy back and burn NFTs listed below certain defined floor prices, maintaining floor stability for holders. Rewards will be reallocated to remaining NFTs, increasing APR over time.
  • Doxxed Experienced Team of successful crypto/DeFi traders and yield farmers
  • Innovative Generative Art System
  • Collabs with various NFT Artists

Iโ€™ve spent time with the founders directly and have built trust with them. Their first collection โ€œThe Preferred Genesisโ€ (JUST SOLD OUT) has been generating 72% APR to holders daily and the rewards system is working perfectly so far. The team also has put money aside to assure that even if everything went wrong with the project, and 0 money was made, holders would still have rewards for ~1.5-2 years. They have a very long-term view on this project and their growth system. The founders will only pay themselves from profits generated AFTER holders are paid their promised returns.

Whitepaper: https://www.bodegablocks.io/whitepaper Website: https://bodegablocks.io/

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0
Votes 44
VoterCast PowerVote & Rationale
0x1cA4...405227
74

NO

0x1969...919E82
56

NO

0x8287...1ddF6d
35

YES

0x3d70...9b1322
21

NO

0xC658...dFFf3F
18

YES

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Proposal Status
  • Sun October 23 2022, 02:51 pmVoting Period Starts
  • Sat October 29 2022, 02:51 pmEnd Voting Period
Current Results

1-YES

200

52.63%

2-NO

180

47.37%
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