This poll represents a significant milestone for the Onyx community as we consider an adjustment to our native staking framework. By increasing the XCN Native Staking rate to 40%, we aim to strengthen protocol security while rewarding participants with higher yields.
This initiative directly benefits users who stake their ERC-20 XCN through the Onyx Protocol app (https://app.onyx.org/#/stake), aligning incentives to secure the network and further decentralize participation. A higher staking rate not only enhances protocol robustness but also demonstrates our collective commitment to long-term sustainability.
At the same time, the DAO will actively monitor for potential market abuse, including risks of futures arbitrage, to ensure that this adjustment maintains fairness and integrity across the ecosystem. By balancing increased rewards with vigilant oversight, we reinforce the trust and transparency that define the Onyx community.
Approving this proposal means embracing stronger network security, more attractive staking opportunities, and a governance process that adapts thoughtfully to evolving market dynamics. It is a declaration that our community is ready to secure Onyx’s future with confidence, resilience, and shared prosperity.
Your vote is not just about yields—it is about affirming Onyx’s values of decentralized stewardship and adaptive governance. Together, we can ensure that growth is both sustainable and community-driven.
Vote Options:
• For — Increase the XCN Native Staking rate to 40%, with DAO monitoring to prevent abuse and safeguard the protocol.
• Against — Do not increase the XCN Native Staking rate at this time.