As part of the growth of GnosisDAO’s strategic partnerships, increasing the liquidity of pairs with our GNO token and our partners’ is in our DAO’s best interest. This creates synergy between us and our partners, strengthening both our token and theirs in terms of potential price increase and reduced volatility.
We would partner with 1inch and create a GNO:1inch liquidity pool that could be deposited on 1Inch protocol, running on Gnosis Chain. In this particular case, there’s the positive side effect that increasing overall liquidity in the Gnosis Chain also makes it more appealing for investors in the DeFi ecosystem as both tokens would support each other’s prices, creating long term economic alignment.