Hey, dear Onyx Community,
I am ready to continue driving Onyx Protocol to the leading DeFi platform and propose a budget.
The Onyx DAO proposes to allocate a budget for operational costs and marketing and promotional development.
The Onyx Team did many tasks with the previous budget, successfully overcame challenges, and established new partnerships.
- Integrated TheGraph into the Onyx app both for History and Governance
- Added WalletConnect 2.0 support
- Launched a Zealy campaign
- Developed and successfully accepted the new Onyx Design and Band Book through on-chain voting
- Many small changes in the Onyx app
- Updated documentation
- Added Turkish language support in the Onyx app
- Agreed on Strategic Partnership with KriptoBi
- Listed on Ampleswap DEX and run the XCN/USDT pool on BSC
- Started the Ambassador programme
- Listed XCN on the Coinstore and Azbit exchanges
- Onboarded the MarketMaking.app company
- Fulfilled XCN exchanges with liquidity
- Proposed the PEPE integration in the Onyx Protocol
In the next three months, we will pay more attention to developing the Protocol and also level up marketing activities.
After establishing the Onyx development, we are ready to work on new features, including new coins and NFTs support; and research other chains to add to the Protocol.
- Developers ~20,000 USD/month
- System administrator and security engineer — $6,000 USD/month
- Infrastructure support. Includes servers, IPFS, blockchain nodes ~10,000 USD/month
Total for 3 months: 108k USD ~150m XCN.
The Onyx team has shown its promotional efficiency and aims to continue this path.
Community Leader ~25,000/month
Head of BD ~5,000/month
Head of BD Assistants ~4,000 USD/month
Designer ~3,000 USD/month
Community managers ~8,000 USD/month
Ambassadors ~5,000 USD/month
Social promotions and visibility ~3,000 USD/month
Publications ~5,000 USD/month
Influencers and external AMAs ~5,000 USD/month
Marketing campaigns and partnerships ~10,000 USD/month
Total for 3 months: 219k USD ~ 310m XCN.
Additionally, we’ll allocate 200m XCN for team and collaborator bonuses and community initiatives paid in XCN.
Total for marketing and management: 510,000,000 XCN.
Total is 660m XCN.
This budget is for 3 months—November, December, and January. The team has chosen a short planning period because of an ever-evolving landscape. It will be reviewed quarterly, and the next budget will be proposed before the end of January 2024.
We will pay more attention to developing the Protocol and also level up marketing activities.
We are opening a discussion of the proposal within the community and expect to deploy it in a few days for an official vote.