Introducing Knoxer NFTs
KnoxDAO Citadel is finally open. Knoxers are Celorians with wisdom beyond those of the same kind and the ability to see the future. According to ancient Celorian myths, some Knoxers even possess diamond hands and laser eyes.
Historians, poets and the High Priests of the Citadel will tell tales of our deeds over the coming years. In the hallowed citadel in the ancestral home of the royal House Celo, we will show the world where the boundary between knowledge and divine artform lies. In time, this crucible of extraordinary Knoxers will be added to a short list of great Socrates that include Plato, Aristotle, and Xenophon. Under our motto ‘victoria aut nihil’ (Latin; victory or nothingness), we are a single hive mind that exists to serve one purpose only — to Learn2Earn.
KUSD is a token emitted to Knoxer holders. Knoxers can vote through governance on what to do with KUSD. Because of the inflationary nature of KUSD, it shouldn’t be treated as a stablecoin. Rarer Knoxers will receive more KUSD/week because rarer Knoxers (namely LydianKnoxer, MegaKnoxer and SuperKnoxer) hold the responsibility to initiate discussions and make good decisions for the DAO. In order for KUSD to be useful, LydianKnoxers, MegaKnoxers and SuperKnoxers have the incentives to contribute and make quality DAO decisions.
Similar to Optimism governance structure, KnoxDAO is governed together by Knoxer NFT house and KNOX token house. Here is the detailed, step-by-step governance process:
STEP 1: Governance Proposal
Only LydianKnoxers have the power to create governance proposals on discord #citadel-vote channel.
STEP 2: Knoxer NFT House Off-Chain Voting
Lydian-, Mega- and SuperKnoxers can now vote in discord #citadel-vote channel. If passed, the governance proposal will be forwarded to on-chain voting.
STEP 3: KNOX Token House On-Chain Voting
The discord governance proposal will then be forwarded to https://snapshot.org/#/knoxedge.eth for on-chain voting using KNOX tokens. If passed, the governance proposal will be executed by multisig holders.
- Knoxer NFT contract address: https://explorer.celo.org/address/0x1F25F8Df9E33033668d6F04DAE0bDE4854E9F1A5
- KUSD contract address: https://explorer.celo.org/address/0x266C13DeD5A1d636E502fd56B3F76d38c3107EC2
- Mint now: https://knoxersnft.netlify.app/
- Claim KUSD: https://knoxersnft.netlify.app/
- Knoxer Marketplace: https://tofunft.com/collection/knoxersnft/items
- KUSD/cUSD Symmetric Pool: https://celo-pools.symmetric.exchange/#/pool/0x992047bc2125123f16edf04e2749fb0cba34a12d
Collaborating with Symmetric AMM DEX & Impact Market, a 50/50 KUSD-cUSD liquidity pool has been created on Symmetric and a 0.5% fee will be collected from every KUSD to cUSD swap to donate to Impact Market for poverty alleviation purpose.