​This is the first of four planned steps to provide liquidity for the KTON/RING pair on the Base chain:

Step 1:

Transfer all RING tokens accumulated so far from the KtonDAO Treasury to the Manager Multisig Address. This transfer includes the current balance, and any additional tokens that continue to accumulate will be transferred in subsequent steps as needed.

Move RING tokens from the KtonDAO Treasury to the Manager Multisig Address.
Manager Multisig Address: 0x9497c0474c0Bba76942AD553DA91F4e52df45E8f

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The following steps will be outlined in upcoming proposals:

Step 2:

Bridge RING and KTON to xRING and xKTON on Ethereum Using Manager Multisig Address

Use the Manager Multisig Address to bridge RING and KTON tokens to their wrapped versions xRING and xKTON on the Ethereum network.

Step 3:

Bridge xRING and xKTON on Ethereum to xRING and xKTON on Base Using Manager Multisig Address

From Ethereum, use the Manager Multisig Address to bridge the xRING and xKTON tokens over to their respective wrapped versions xRING and xKTON on the Base network.

Step 4:

Add Liquidity to Uniswap on Base Using Manager Multisig Address

Finally, add the xRING and xKTON tokens to the Uniswap liquidity pool on the Base chain to provide liquidity for the KTON/RING pair.

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