The KnoxDAO Savings Pool

Knox, Knox? Who’s there? The End of Boring Savings! Join our latest savings pool with KnoxDAO’s support, launching May 12th.

Cale Moody
Halofi 😇 (prev. GoodGhosting)
4 min readMay 10, 2022

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Hold for savings!

KnoxDAO is an emerging NFT community based on the Celo blockchain and we have been actively watching their growth. The community has attracted interest from many of the existing Celo teams and shows good promise to blossom.

They have some neat tricks when it comes to holding their NFTs but we’ll go over that a little later. For now, let’s find out how KnoxDAO will be helping GoodGhosting users #EndBoringSavings!

New to GoodGhosting?

Our savings pools reward regular savers. Win by depositing $cUSD into the pool on a regular basis (e.g. every week). Make all deposits before the deadline, get a slice of the interest and extra rewards in the pool. Miss a deposit and give up your earned interest to survivors.

This is a no-loss game! You always get your initial deposit back at the end. Always looking for great frens, we find generous pool sponsors and partners as well. Welcome to your path to #EndBoringSavings.

Want to learn more about GoodGhosting? Head over to our docs or join our Discord server.

✨ KnoxDAO, Super, Mega, Lydian, Oh My!

It is our pleasure to welcome the KnoxDAO project to the Celo blockchain. We are thankful for their desire to help users #EndBoringSavings by providing some generous pool prizes for savvy savers who hit all their deposits.

KnoxDAO members, or Knoxers, have a motivated interest in collecting and holding these NFTs as there is a streaming reward to earn. There are four tiers of KnoxDAO NFTs: Common, Super, Mega and Lydian. Each tier offers a different weekly amount of rewards that can be claimed and demonstrates an interesting model for NFT ownership.

This savings pool will be $5 cUSD a week for deposit which is exactly how much a KnoxDAO Super NFT Holder earns each week. You mean KnoxDAO holders are paid to hold and can also use those earnings to #EndBoringSavings??? 🤯

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🌊 How do I win?

  • You will need to save every week in the $cUSD stablecoin on Celo.
  • Each deposit will be $5 of $cUSD. There are six deposits in total. A total of 30 $cUSD is required to win the game.6️⃣ x 5️⃣
  • The pool launches on Thursday, May 12th at 4 pm EST. ⏱️
  • Be one of only 888 participants. There are 888 KnoxDAO NFTs in existence. A good target for savvy savers!
  • The pooled funds are automatically deposited into Moola, where they earn interest in $cUSD.
  • Successful savers will earn additional rewards for completing all necessary deposits. See below.
  • After the final deposit deadline, there is a one week waiting period before players can claim their winnings on July 5th, without any limit. 🏁

You can find many familiar faces inside the KnoxDAO community and we are happy to coordinate some #DedicatedDeFi with them to help both our communities #EndBoringSavings!

👉 Celo #DeFiForThePeople (Earn 1 CELO per winner)

Celo Foundation knows how grow an ecosystem. We are proud to be worthy of their continued support.

The Celo Foundation continues to provide incentives and generosity to create #DefiForThePeople. This allows us to reward each successful pool player with an additional 1 CELO (just over $2 at the time of writing). Take advantage of this strong support and start your path to #DedicatedDeFi now!

tl;dr

Time for another Celo based savings challenge! The KnoxDAO savings pool launches at 4pm ET on May 12th. There are only 888 spots available; save $5 cUSD weekly and #EndBoringSavings.

You can win:

  • A minimum of 1 CELO tokens (~$2 worth at the time of writing) to each winning pool player 🎉
  • A special GoodGhosting NFT for all winners 👻
  • A GoodGhosting (GG) Score increase of 210
  • The chance to win one of TEN Common and ONE Super tier KnoxDAO NFTs; To be drawn among successful savers. Commons will be drawn among all victors, Super for GG Score over 21k
  • Better financial habits — save to earn while you learn to earn 🙌

Thanks for joining us in our mission to #EndBoringSavings. We learn, grow and save together. 💪

The GoodGhosting Team

🌎 Check out our website
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