**Community Update**. Hello there, CurioDAO community.

Community Update. Hello there, CurioDAO community.

05 Jun 2023, 10:43

🎉🚀**Community Update** 🚀🎉 Hello there, CurioDAO community! We're excited to bring you an important update on our progress towards liquidating previously illiquid assets. The advancements have been significant, and none of this would have been possible without your incredible support! 🤝💎 🔍**Our Vision:** Our aim is to unleash the dormant value present in various assets across the globe 🌍. We're focusing on tokenizing a unique asset – creating a bespoke token backed by it. This translates an otherwise tangible asset into a globally accessible, easily tradable digital one. 📈 Our ambitions extend beyond this particular asset – we envision tokenizing an array of other 'sleeping' assets in the future. 🚀 🏛️**Legal Framework:** We're working diligently with our legal team to ensure regulatory compliance. They are crafting an apt legal opinion and preparing a token purchase agreement that is compliant with the regulatory landscape. 👩‍⚖️ 💰**Business Model:** Each time a token is sold or traded, a revenue fee will be generated. These tokens, representing physical assets, can be collateralized in exchange for stablecoins until the assets are entirely sold. These can either be sold or staked across liquidity pools on AMMs, enabling us to earn rewards or yield from these positions. 💸 ⚙️**How It Works:** We're building liquidity pools on AMMs, collateralizing assets to mint stablecoins, and trading tokens across DEXs and CEXs. We're also integrating price oracles to source accurate appraisal data. 🏦 ⚠️**Disclaimer:** While we're making tremendous progress, bear in mind that a lot of this development is still a work in progress. Things are subject to change. We're working hard to keep you in the loop every step of the way. 🛠️ We are grateful to have such an active and supportive community accompanying us on this pioneering journey. As we continue to push forward, we're confident in the potential of this groundbreaking project and look forward to sharing more updates soon. 🎉 Stay tuned, and thank you for your unwavering support. Together, we're unlocking untapped value and revolutionizing the investment landscape! 🎯🥳 P.S. Keep engaging, and don't hesitate to reach out with any questions or suggestions! We greatly value your feedback. ❤️🗣️ Stay curious! 🎖️🚀