OIP-34: Adjust Market Rates is live

[alex]

Hey!

This Onyx Improvement Proposal (OIP) aims to adjust the floating rate of the XCN staking markets back to its v2 level target of approximately 25% in order to create a sustainable incentive reward model for those who are securing the protocol via staking.

Onyx Protocol

It’s time to vote, Onyx community.

[Zane]

Finally Alex is back Lol

[Adam99]

From 56 % to 25 % . what will change it for protocol ?

[alex]

Hey,

Nothing else will change.
Only staking APR.

[SGF13]

passed or not ?

[Adam99]

governance site of onyx not working

[cryptostaker]

yes not working couldnt check if its passed or not

[Jp17622]

Passed

[alex]

Hey,

Yes, it’s passed.
Governance is in development update.

[MuhammadD]

Great !! Congrats

[yaboyT]

Haha now have to survive on 25 % apr

[bigdoge]

Hahahahaha

[hereforstaking]

Pray for protocol sustainability so that it can perform in Multiple Xs than APR

[yaboyT]

Im fine with protocol development sir

[PrinceMS]