What is DAO-Owned Liquidity? The first stage (learning) is conducted on our very own AI-powered and community-driven KnoxMarket. The second stage (voting) is carried out on Commonwealth. The final stage (liquidity) is to provide liquidity on various DEXes (Enzyme Finance, Uniswap, Balancer, Ubeswap, Symmetric Finance)
DAO-Owned Liquidity: $CELR, $AGLD, $DPI, $MVI, $CELO, $USDC
The community has recently proposed and established DAO-owned liquidity in $CELR, $AGLD, $DPI$ and $MVI. Not all positions are established on Enzyme Finance because Enzyme only supports ERC20 tokens that have Chainlink oracles. Therefore, DAO-owned liquidity are stored in two places:
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Enzyme Finance: https://app.enzyme.finance/vault/0x1b36f767c3feb45405079e5b5fdbf13d0f62f232/overview
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Knoxdao.eth wallet: https://app.zerion.io/0xafca298ab88a7b94cf9ee3dc0bb61485fcccaec7/overview
In December 2021, the community has made several community-driven decisions to diversify our DAO-owned liquidity on https://commonwealth.im/knoxedge when snapshot.org was not supported on Celo network yet.
2. AGLD (https://commonwealth.im/knoxedge/discussion/2871-how-much-should-we-invest-in-agld):
3. DPI (https://commonwealth.im/knoxedge/discussion/2872-how-much-should-we-invest-in-dpi):
4. MVI (https://commonwealth.im/knoxedge/discussion/2912-how-much-should-we-invest-in-metaverse-index-mvi)
5. NFTree (https://commonwealth.im/knoxedge/discussion/2967-how-should-we-invest-in-the-treeverse):
KNX Emission
In the past 2 months, many KNX holders swapped their KNX tokens back to our DAO-owned liquidity pools
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Uniswap pool: 1,250,878 KNX
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Ubeswap pool: 5,295,051 KNX
As per governance voting, KNX collected from Uniswap and Ubeswap pools were transferred to the DAO treasury and effectively removed from total supply. As a result, we have only ~10M KNX circulating supply.
