# 📢 OIP-35 has passed

**URL:** <https://community.onyx.org/t/oip-35-has-passed/1658>\
**Category:** Updates\
**Created:** [July 10, 2024, 4:45pm UTC](https://community.onyx.org/t/oip-35-has-passed/1658 "2024-07-10T16:45:01Z")\
**Posts on this page:** 7\
**Page:** 1

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**Author:** ![SGF13](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/sgf13/32/41_2.png) [@SGF13](https://community.onyx.org/u/SGF13)\
**Post date:** [July 10, 2024, 4:45pm UTC](https://community.onyx.org/t/oip-35-has-passed/1658/1 "2024-07-10T16:45:01Z")

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![image](https://canada1.discourse-cdn.com/flex008/uploads/xcn/original/1X/34dfbd0262a3a2210a38daf352e27a74327bc579.png)

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**Author:** ![PrinceMS](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/princems/32/40_2.png) [@PrinceMS](https://community.onyx.org/u/PrinceMS)\
**Post date:** [July 10, 2024, 4:45pm UTC](https://community.onyx.org/t/oip-35-has-passed/1658/2 "2024-07-10T16:45:51Z")

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This OIP will officially activate the Base Bridged XCN via Super bridge. Earlier the official Base XCN was launched which requires 1 XCN on Ethereum to be locked so that 1 XCN on Base can be minted. Same goes for redeeming the 1 locked XCN back on Ethereum; 1 XCN on Base would be required to be burned. This mechanism is identical to the Binance BEP20 BNBChain XCN.

The proposal also grants 100 million XCN to be added to dex liquidty for proper layer 2 liquidity.

Lastly, this proposal adjusts the floating staking rate back to its target rate.

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**Author:** ![Onyxfan11](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/onyxfan11/32/141_2.png) [@Onyxfan11](https://community.onyx.org/u/Onyxfan11)\
**Post date:** [July 10, 2024, 4:46pm UTC](https://community.onyx.org/t/oip-35-has-passed/1658/3 "2024-07-10T16:46:32Z")

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Big W

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**Author:** ![Terra](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/terra/32/35_2.png) [@Terra](https://community.onyx.org/u/Terra)\
**Post date:** [July 11, 2024, 5:26pm UTC](https://community.onyx.org/t/oip-35-has-passed/1658/4 "2024-07-11T17:26:52Z")

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🥳 🥳 The flow of the team is back

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**Author:** ![cryptostaker](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/cryptostaker/32/46_2.png) [@cryptostaker](https://community.onyx.org/u/cryptostaker)\
**Post date:** [July 13, 2024, 5:52pm UTC](https://community.onyx.org/t/oip-35-has-passed/1658/5 "2024-07-13T17:52:15Z")

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executed or not?

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**Author:** ![alex](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/alex/32/95_2.png) [@alex](https://community.onyx.org/u/alex)\
**Post date:** [July 14, 2024, 6:51am UTC](https://community.onyx.org/t/oip-35-has-passed/1658/6 "2024-07-14T06:51:39Z")

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Hi,

Executed.

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**Author:** ![Terra](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/terra/32/35_2.png) [@Terra](https://community.onyx.org/u/Terra)\
**Post date:** [July 14, 2024, 5:05pm UTC](https://community.onyx.org/t/oip-35-has-passed/1658/7 "2024-07-14T17:05:47Z")

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Great . lets bring more proposals . keep up the speed of development