# Proposal: Budget allocation for current operations: November–January 2024 **URL:** \ **Category:** Governance\ **Created:** [October 24, 2023, 4:37pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110 "2023-10-24T16:37:43Z")\ **Posts on this page:** 20\ **Page:** 1
**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:** [October 24, 2023, 4:37pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/1 "2023-10-24T16:37:43Z")
Hey, dear Onyx Community, I am ready to continue driving Onyx Protocol to the leading DeFi platform and propose a budget. # Abstract The Onyx DAO proposes to allocate a budget for operational costs and marketing and promotional development. # Discussion 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. ## Development and Infrastructure support 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. ## Marketing and Management 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. # Summary 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. ---
**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:** [October 26, 2023, 4:21pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/2 "2023-10-26T16:21:12Z")
Whats the process of converting XCN to Stables for all these works you mentioned ? you sell them on exchanges ---
**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:** [October 26, 2023, 4:32pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/3 "2023-10-26T16:32:01Z")
Its a lot : ) Ngl But we gonna support you if you will keep working with more energy and make onyx great . ---
**Author:** ![Opa007i](https://avatars.discourse-cdn.com/v4/letter/o/a6a055/32.png) [@Opa007i](https://community.onyx.org/u/Opa007i)\ **Post date:** [October 26, 2023, 5:12pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/4 "2023-10-26T17:12:57Z")
I am looking forward to the next 3 months of operation, thankfully it Might likely going to fall into the bull phase, I guess, it would be productive, LG Oxyicians Let’s keep building ---
**Author:** ![BigD](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/bigd/32/51_2.png) [@BigD](https://community.onyx.org/u/BigD)\ **Post date:** [October 27, 2023, 3:36am UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/5 "2023-10-27T03:36:19Z")
bull run before the btc halving ? ---
**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:** [October 27, 2023, 8:23am UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/6 "2023-10-27T08:23:43Z")
Hi, Yes, we sell XCN on the market. Thanks to the “Liquidity” proposal, we hired a market-making company which provides advantages over other alternatives: - Sells XCN at a market price or higher, compared to -12% prices offered by others - Buys XCN at a lower price - Fills order books and provides liquidity to the market - Meets the exchanges’ requirements As a result, there are no price dumps, and it’s at least 5% more profitable than OTC offers we have. ---
**Author:** ![joshado](https://avatars.discourse-cdn.com/v4/letter/j/67e7ee/32.png) [@joshado](https://community.onyx.org/u/joshado)\ **Post date:** [October 27, 2023, 1:07pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/7 "2023-10-27T13:07:52Z")
Great progress on the marketing and management ,Kudos to the Team for their great effort & transparency ---
**Author:** ![Zane](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/zane/32/48_2.png) [@Zane](https://community.onyx.org/u/Zane)\ **Post date:** [October 27, 2023, 4:25pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/8 "2023-10-27T16:25:57Z")
This is the reason why you guys ditched LDA Capitals ? ---
**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:** [October 28, 2023, 2:48pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/9 "2023-10-28T14:48:21Z")
Hi, Yes. The LDA offer comes expensive for Onyx. ---
**Author:** ![MuhammadD](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/muhammadd/32/37_2.png) [@MuhammadD](https://community.onyx.org/u/MuhammadD)\ **Post date:** [October 28, 2023, 4:29pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/10 "2023-10-28T16:29:22Z")
so i dont know why still people fuds about this lda issue everytime ---
**Author:** ![Opa007i](https://avatars.discourse-cdn.com/v4/letter/o/a6a055/32.png) [@Opa007i](https://community.onyx.org/u/Opa007i)\ **Post date:** [October 28, 2023, 7:10pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/11 "2023-10-28T19:10:50Z")
A bull phase, not a bull run 🙂 ---
**Author:** ![Murat37](https://avatars.discourse-cdn.com/v4/letter/m/13edae/32.png) [@Murat37](https://community.onyx.org/u/Murat37)\ **Post date:** [October 28, 2023, 7:40pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/12 "2023-10-28T19:40:18Z")
Çünkü ,insanlara bu yapılan açıklama gibi daha önce açıklama yapılmadığından olabilir mi? Could it be because people have not been given an explanation like this before? ---
**Author:** ![defitime](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/defitime/32/53_2.png) [@defitime](https://community.onyx.org/u/defitime)\ **Post date:** [October 29, 2023, 5:15pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/13 "2023-10-29T17:15:39Z")
English please ? sorry ---
**Author:** ![BigD](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/bigd/32/51_2.png) [@BigD](https://community.onyx.org/u/BigD)\ **Post date:** [October 29, 2023, 5:16pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/14 "2023-10-29T17:16:26Z")
how it is differnt thing / term ? ---
**Author:** ![hereforstaking](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/hereforstaking/32/52_2.png) [@hereforstaking](https://community.onyx.org/u/hereforstaking)\ **Post date:** [October 29, 2023, 5:50pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/15 "2023-10-29T17:50:47Z")
Please encourage more people to vote in votes 🫡 ---
**Author:** ![Cryptoevangelis](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/cryptoevangelis/32/526_2.png) [@Cryptoevangelis](https://community.onyx.org/u/Cryptoevangelis)\ **Post date:** [October 30, 2023, 10:15pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/16 "2023-10-30T22:15:34Z")
This is an appropriate budget allocation as this would contribute greatly to the projects growth ---
**Author:** ![Gero](https://avatars.discourse-cdn.com/v4/letter/g/4491bb/32.png) [@Gero](https://community.onyx.org/u/Gero)\ **Post date:** [October 31, 2023, 10:17pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/17 "2023-10-31T22:17:54Z")
Let’s keep soaring higher 2024 seems promising for the Onyx protocol ---
**Author:** ![nooooo](https://avatars.discourse-cdn.com/v4/letter/n/c0e974/32.png) [@nooooo](https://community.onyx.org/u/nooooo)\ **Post date:** [November 1, 2023, 8:58pm UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/18 "2023-11-01T20:58:30Z")
asking for bonuses again after no TVL increase and you just got hacked. Go look at the price of this coin. Its pointless for anyone to hold. I’m sure the exchanges will delist ASAP because you are destroying people livelihood. You give crypto a bad name with this rugpull ---
**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:** [November 2, 2023, 3:34am UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/19 "2023-11-02T03:34:34Z")
Hacking is something what team cant control if the hacker are smart enough . even compound / aave / curve also hacked . the thing is team should learn lessons and move with better attitude ---
**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:** [November 2, 2023, 7:28am UTC](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110/20 "2023-11-02T07:28:51Z")
Hello, We are working to compensate the losses: [The OnyxProtocol experienced an exploit - #5 by alex](http://community.onyx.org/t/the-onyxprotocol-experienced-an-exploit/1125/5) [Next page](https://community.onyx.org/t/proposal-budget-allocation-for-current-operations-november-january-2024/1110.md?page=2)