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Onyx XCN DAOOnyx XCN DAOby0xD4aa0c8Fd9d935a8A19701b25292abCe77BD72230xD4aa…7223

Set up MultiSig DAO

Voting ended 6 months agoSucceeded

This poll represents a pivotal moment for the Onyx community as we take the next step toward strengthening our decentralized governance framework. By establishing a 3-of-5 MultiSig DAO-sponsored wallet, we anchor our collective decision-making power in a structure that is both transparent and resilient.

The creation of this wallet will not only safeguard community assets but also symbolize the trust and collaboration that lie at the heart of the Onyx ecosystem. Through this initiative, we will allocate 100M XCN to be staked and governed directly by the DAO-sponsored wallet. This ensures that the community itself maintains oversight and authority over a significant portion of resources, further decentralizing control while aligning incentives for long-term growth.

A MultiSig arrangement with 3-of-5 signers balances security with efficiency: no single individual can act alone, but the DAO retains the ability to move decisively when opportunities or challenges arise. This design strengthens accountability while reflecting the cooperative values of our network.

By approving this proposal, the community empowers itself with greater autonomy, a fortified treasury, and a governance structure built to endure. It represents a clear step toward self-determination, giving Onyx the tools to flourish with confidence in the years to come.

Your vote here is not just procedural—it is a declaration of commitment to decentralized stewardship. Together, we affirm that Onyx’s future will be guided by the community, safeguarded by the community, and grown by the community.

Vote Options:

• For — Establish the 3/5 MultiSig DAO-sponsored wallet and stake 100M XCN under its governance.

• Against — Do not establish the DAO-sponsored MultiSig wallet or stake 100M XCN at this time.

Off-Chain Vote

For
163.45M XCN100%
Against
0 XCN0%
Quorum:163%
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Timeline

Aug 19, 2025Proposal created
Aug 19, 2025Proposal vote started
Aug 21, 2025Proposal vote ended
Aug 22, 2025Proposal updated