Onyx is about to restart the Gas Free program to incentivize stakers and voters

2024-10-01 02:30:31

Abstract generation in progress

Odaily Planet Daily News Onyx announced in a post by X that it will soon launch two proposals to restart the Gas Free program, incentivizing stakers and voters, and will also restart the Onyx Ambassador program. Please follow. Earlier, Onyx Protocol posted on the X platform, proposing OIP-46 in response to the recent theft incident, suggesting a re-launch of the Open Source financial network Onyx Core as the main product, together with XCN Staking, to ensure the governance of Onyx Core and the rewards of Onyx Staker. According to the proposal, the Onyx Protocol will operate on the Onyx Core as a closed-loop lending protocol, allowing users to wrap and borrow Non-fungible Tokens and real-world assets (RWA), while supporting encrypted assets from multiple chains. This move will close the lending market based on Ethereum, and fully compensate all affected users, paying their provided assets at a 1:1 ratio.

GAS-3.16%

X-3.05%

CORE-0.15%

XCN-2.44%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes