[TEMP CHECK] — Integration of Swipelux as a Fiat Liquidity Provider for Small Transactions

Proposals
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Author: @LP17 – @BIMLabs

Summary of the Proposal

This TEMP CHECK aims to gather community sentiment regarding the integration of Swipelux as a fiat liquidity provider for small transactions within BIM Exchange.

The proposal includes:

  • Integration of Swipelux’s fiat on-ramp / off-ramp infrastructure

  • Targeting transaction sizes between $15 and $2,500

  • Implementation of a revenue model: 1% of generated volume

  • Monthly payouts in USDC directly to the DAO treasury

If community feedback is positive, a formal BIP will be submitted for Snapshot vote.

Context

Fiat onboarding remains one of the primary friction points in DeFi adoption, especially for retail users executing small transactions.

Even with existing solutions, there is a clear need for:

  • Efficient processing of low-to-mid size transactions

  • Fast and simple payment flows

  • Reduced UX friction for new users

Swipelux is specifically optimized for this segment, making it a relevant complementary provider.

About Swipelux

Swipelux is a fiat-to-crypto infrastructure provider enabling users to buy and sell cryptocurrencies using traditional payment methods.

Key features include:

  • Crypto purchases via bank cards

  • Fast and simplified user experience

  • Global payment support

  • Built-in KYC compliance

  • Optimization for smaller transaction sizes

Proposal Details

:one: Provider Integration

  • Swipelux becomes an additional liquidity provider within BIM Exchange

  • Focus on transactions between $15 and $2,500

  • Complements existing providers (e.g., Changelly)

:two: User Experience

  • Direct integration within the existing Buy / Sell module

  • Additional payment option (cards, etc.)

  • Streamlined flow optimized for quick purchases

Objective:
Improve onboarding efficiency and increase conversion rates for small transactions.

:three: Revenue Model

  • 1% of total volume generated via Swipelux

  • Revenue paid monthly in USDC

  • Funds sent directly to the DAO treasury wallet

This creates:

  • A recurring revenue stream

  • Monetization of retail flow

  • Diversification of DAO income sources

:four: Strategic Positioning

Swipelux enables BIM to:

  • Optimize retail user acquisition

  • Capture entry-level users

  • Improve small transaction conversion rates

  • Strengthen a multi-provider on-ramp strategy

Rationale

This integration aligns with BIM’s strategy to:

  • Become a complete DeFi gateway

  • Maximize fiat-to-crypto conversion

  • Expand DAO revenue streams

  • Deliver a segmented and optimized user experience

Risks & Considerations

  • Dependency on a third-party provider

  • Mandatory KYC requirements (standard for fiat ramps)

  • Geographic limitations depending on jurisdiction

  • Technical integration and UX validation required

Question to the Community

:backhand_index_pointing_right: Are you in favor of integrating Swipelux as a fiat liquidity provider for small transactions ($15–$2,500), with a 1% revenue share paid monthly in USDC to the DAO?

Next Steps

  • If positive consensus → draft formal BIP

  • Technical integration

  • Deployment within BIM Exchange

Discussion

Please share your feedback, concerns, or suggestions below to refine the proposal before moving to a formal DAO vote.

2 Likes
2

This is a strong step toward improving onboarding and retail accessibility.

Integrating Swipelux for small transactions can significantly reduce friction and increase adoption.

The 1% revenue model also adds sustainable value to the DAO.

I’m in support, provided UX and regional availability are well optimized.

1 Like
3

Great idea to integrate another provider. It will allow users to choose with provider they want to use and chase the best rate.

For BIM DAO, it’s a good deal as 1% fee collection is standard for us.

Go for it!

1 Like
4

This is a strong, well-structured proposal that clearly targets one of the biggest friction points in DeFi:- Fiat onboarding for smaller users.
Integrating Swipelux makes strategic sense, especially as a complementary provider alongside existing options. The focus on $15–$2,500 transactions is particularly important for retail accessibility, where conversion rates are often lost due to complexity or poor UX.
The 1% revenue share model is also a solid addition, it not only supports DAO sustainability but ties platform growth directly to user activity.
A few things worth clarifying before moving to a formal BIP:

  1. How does Swipelux compare in fees and success rates vs current providers like Changelly?
  2. Are there any region-specific restrictions that could affect key user bases?
  3. What safeguards are in place to ensure a smooth UX during peak usage?

Overall, this feels like a practical step toward strengthening BIM’s position as a full DeFi gateway while improving accessibility for new users. Looking forward to seeing further data and community input.

1 Like
5

1 It seems to be more user-friendly and offers better data traceability.
2 approximately 100 countries, with a focus on Europe
3 Users will always have the option to choose between the various Changelly BIM providers and Swipelux

1 Like
6

BIP051 : Snapshot