OIP-8: Increase Staking Rewards

Onyx DAO proposes to the community to increase the staking vault rewards by 3x which would make the APR approximately 33% as opposed to todays approximately 11% staking rate.

By making this change the staking rewards still remain under the constitution threshold and creates incentive rewards for those who are securing and voting on the Onyx Protocol and Onyx DAO.

We propose to make this change by next week subject to community feedback.

1 Like

Hope this goes through

Happy this now passed

1 Like

Lets get this party started, 41.2% APY right now. WOW

1 Like

Happy this actually happened

Now we need to increase it more to attract new ppl