Layer 2 Integration for Lower Fees & Staking on L2

Suggestions
1

OIP: Layer 2 Integration for Lower Fees & Staking on L2

To enhance scalability and reduce transaction costs, Onyx should integrate Layer 2 (L2) solutions such as Arbitrum, Optimism, or zkSync. These rollups significantly lower gas fees while maintaining Ethereum-level security. By enabling users to lend, borrow, and stake assets on L2, Onyx can improve efficiency and attract more users.

Proposal Highlights:

  1. Migration to L2:
  • Deploy Onyx smart contracts on a Layer 2 network to enable cost-effective lending and borrowing.
  • Maintain interoperability with Ethereum for seamless asset transfers.
  1. L2 Staking Mechanism:
  • Introduce staking on L2 with reduced fees, allowing users to stake assets without high gas costs.
  • Implement auto-compounding rewards to maximize yield.
  1. Bridging & Incentives:
  • Provide a seamless bridge between Ethereum and L2 for easy asset movement.
  • Introduce incentives (e.g., reduced fees, bonus rewards) for early L2 adopters.

By adopting Layer 2 solutions, Onyx will offer faster transactions, lower fees, and improved scalability while making staking more accessible. This will position Onyx as a cost-efficient, next-gen DeFi platform.

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2

Layer 3 Chain (ledger) will eventually do what you have suggested mate . I guess soon staking will be normal thing on onyx own layer 3 chain .

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3

I have not heard from the team about staking on Layer 3 own chain ledger

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