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Onyx XCN DAOOnyx XCN DAOby0x96C3C8C72c6BB7c385d097f14ddB688A0FCC82ED0x96C3…82ED

Reverse the previous emissions rate change implemented in OIP59

Voting ended 6 months agoDefeated

OIP reduced the emissions rate for staking with the intention of mitigating price pressures due to arbitrage between XCN futures and XCN staking rewards.

As of August 13, there is no evidence that price pressures have been alleviated.

In addition, the prior poll on this subject had a majority of votes (7 of 13) and voting power AGAINST the change, when excluding the DAO wallet.

A Vote FOR is to restore the emission rate on staking to what it was prior to OIP59

A Vote AGAINST is to leave the current emission rate as it is.

Off-Chain Vote

For
18.01M XCN15.2%
Against
100.55M XCN84.8%
Abstain
0 XCN0%
Quorum:119%
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Timeline

Aug 13, 2025Proposal created
Aug 13, 2025Proposal vote started
Aug 15, 2025Proposal vote ended
Aug 15, 2025Proposal updated