What is KnoxFund?
Through our 3-stage process of Learn-Invest-Earn, KnoxEdge is able to create social strategies for crypto/metaverse index as a DAO. The first stage of Learn2Earn is conducted on our very own AI-powered and community-driven KnoxMarket. The second stage of voting and investing is carried out on Commonwealth and on-chain asset management protocols (Enzyme Finance, Enso Finance & Index Coop). The final stage of KNX book value redemption is done on Uniswap V3 and Symmetric DEX.
KNX is a cross-chain index token that tracks the performance of the underlying assets in KnoxFund and is a good instrument for investors to get exposure on cross-chain assets. Here are some of the benefits:
After a series of events that have cast doubt on Optics V1, the Optics team feels strongly that launching the new and improved Optics V2 is the best path for restoring trust and confidence in the Optics protocol and for ensuring that it will continue to receive support and improvements.
As a result, KNX holders on Ethereum should swap their old ERC20 KNX (Optics V1) to new ERC20 KNX (Optics V2) as soon as possible. There are two ways to do this:
- Bridge KNX using Optics V1 from Ethereum to Celo Network: https://old.optics.app/
- Use Uniswap V3 to directly swap old KNX (Optics V1) to new KNX (Optics V2): https://app.uniswap.org/#/swap?inputCurrency=0x44f9b7859291dd247a07e4088b04325b206f9f6b&outputCurrency=0xe93a27d4ed64f44a2b356d78c06115e5c9d97da0
Dear Knoxers, we would first like to thank everyone for your early support and participation in governance week to decide the future of KnoxEdge DAO, but we have some bad news to share today. Pressured by KNX price decline & KNX airdrop distribution this week, we wanted to apply for KNX listing on Tier 1 centralized exchanges so that KNX would be listed on CEX before KNX airdrop. Unfortunately, we have fallen victim to spoofed emails by sophisticated scammers impersonating Bitfinex & Upbit Global.
Bitfinex
On Nov 1, we submitted a listing application to listing@bitfinex.com. On Nov 3, listing@bitfinex.com informed us that we were shortlisted and asked us to proceed to the next step of listing. We joined their telegram, submitted our ticket ID for confirmation, and further pitched them on telegram.
KNX token fair launch was conducted on CopperLaunch from October 16 to October 30. The starting balance of the pool was 10,000,000 KNX/150,000 USDC, and the final balance was 3,998,460 KNX/2,253,829 USDC. This means a total of 6,001,539 KNX tokens were distributed to the community, and a total of 2,103,829 USDC were collected.
From the remaining 3,998,460 KNX:
- 800,000 KNX (~$200,000 as of today) will be sent to Celo Reserve
- 611,418 KNX is paired with $100,000 USDC to continue providing liquidity on Ethereum through KNX/USDC Uniswap V3 pool: https://etherscan.io/tx/0xdf3e0d5b40d350e6002c91e2eeabe187d047977f220506a43ff5037e94f4f7ff
- The remaining 2,587,042 KNX has been been paired with $400,000 USDC to provide liquidity on Ubeswap: https://explorer.celo.org/tx/0x0d6b4c11b379a9d950d5ee88360031b4aa11be06362578333dcbe071225523a9/token-transfers
1. What is Zapper.Fi?
Top answers from Knox.Market:
Zapper is tool, homepage, dashboard to monitor DeFi portfolio, assets, debts, liquidity pools, staking, rewards, and yield farming activities.
Its DeFi asset management platform for portfolio, liquidity pools, and liquidity mining positions by Zapping In and Zapping out.
1. What is PoofCash? Why is Poof v2 #privacyforthepeople?
Top answers from Knox.Market:
POOF is a token that governs the Poof protocol and the rCELO token.
Users can mine POOF by depositing rCELO into the Poof protocol.
Every day, while there are thousands of crypto being traded, there are billions of questions being asked. If we were able to tokenize questions and DeFi them, how big would this market be? $0.1B, $1B or $10B? The future is now: KnoxMarket is able to capture 6-digit liquidity & attract 5-digit trading volume during its first two weeks:
If there were thousands of questions being asked on KnoxMarket, KnoxMarket could become the Uniswap of Q&A, with billions of dollars of liquidity and millions of dollars of trading volume, facilitating high-quality knowledge sharing and coordination throughout the world. To reach this milestone, communities play a core role, and therefore it is important that KNX tokens are distributed to as many communities as possible.
1. What is Banker Joe? How can it boost Trader Joe TVL?
Top answers from Knox.Market:
Banker Joe is an essential step towards our vision of turning Trader Joe into a one-stop-shop DeFi trading platform.
Trader Joe Co-founder 0xMurloc commented on the importance of Banker Joe to the growth of the platform.
1. What is the difference between CeloPunks and CeloPunks_art?
Top answers from Knox.Market:
Celo punk is the official cryptopunks NFT in celo network, algorithmically generated Punks with new unique attributes on Celo.
CeloPunks is the first official art project on Celo backed by Celo Starter. It's art/collectible.
1. What is Celo? And why is it Mobile DeFi (MoFi)?
Top 9 answers from Knox.Market:
Light Clients – Celo Network applications running on user’s mobile devices, such as Celo’s mobile wallet.
The Celo platform is proof-of-stake, EVM-compatible, open source, and governed by CELO asset owners
Since all of us are born too early to explore the galaxy or too late to discover planet Earth, we are destined to migrate into the Metaverse economy. Notably since the pandemic, many friends & families have been asking, learning, & investing in crypto, NFTs, and the Metaverse for the first time. Unfortunately, they cannot tell what’s good & what’s bad; what’s real & what’s scam; what’s ETH & what’s ADA. To make things worse, the amount of information asymmetry and deleterious shills are growing at the same rate, if not more, than the growth of Metaverse itself. If left unchecked, this might lead to the demise of what could have been the most important socioeconomic transformation since the industrial revolution. To ensure prosperity for all in the Metaverse, we need “less shilling, more education; less maximalism, more collaboration”.
By combining clever cryptoeconomics with peer predictions & Natural Language Processing algorithms, we are proud to introduce KnoxEdge Market (KnoxMarket): a Community-Driven Learning & Investing Platform, where weekly peer-prediction knowledge markets are hosted to allow anyone to contribute-to-earn and put money where their mouths are, at the same time learning and educating themselves. We are re-thinking the way the world shares knowledge and our mission is to transform vast bytes of information consumed in today’s world and tomorrow’s Metaverse into easy bits of knowledge, making it seamlessly accessible to everyone.
1. What is Knowledge Market?