Thread by @_nemonium

Hi #CNFTCommunity We are proud to announce our first official Treasury purchases and capital allocation!
The following thread is how and where we allocated 56000 ADA today 👇

- 14,000 ADA was swapped in seven transactions for 94,665 AGIX, with 92,828 AGIX and a further 14,000 ADA provided in liquidity to the AGIX-ADA pool on @MinswapDEX
We fully believe in the @singularity_net Vision for the future, and ours align perfectly!

- 8,400 ADA was swapped in one transaction for 16,272 WMT, which was provided in liquidity and staked with a further 8,391 ADA to the WMT-ADA farm on MinSwap. We fully believe in @wmtoken Vision for the future and we are here to support it as well!

- 4,200 ADA was swapped in one transaction for 39,501 MELD, which was provided in liquidity and staked with a further 4,190 ADA to the MELD-ADA farm on MinSwap .
We understand how defi protocols will be important for our community so we are here to support @MELD_labs in that !

@_AskNemo donated 50,000 SKULL to Nemonium DAO, which was provided in liquidity with 450 ADA from the DAO treasury to the SKULL-ADA pool on SundaeSwap. Current plan is to allocate more in our skull/ada pool , however in order to maintain the market prices we will do it gradually!

Congratulations to all the holders of the Nemonium DAO part of Nemonium ecosystem. We are more than pleased to go "the other direction" and sweep floors for something that will benefit us greatly as a #CNFTCommunity !