Proposal for Staked Pooled Governance in OnyxDAO

Governance
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Empowering Community Participation with Proposal Pooling Integration in the OnyxDAO App

  1. Summary

This proposal introduces a Staked Pooled Governance Mechanism that enables multiple OnyxDAO token holders to stake their tokens into a governance pool to collectively reach the 100M XCN requirement for proposal submission.

To ensure only active holders participate, staked tokens will be locked until the proposal is resolved. Participants must unstake before selling or transferring tokens, ensuring governance power remains exclusive to current holders.

Additionally, a Proposal Pooling Section will be integrated into the OnyxDAO app under the Governance tab, making it easier for holders to discover, join, and create proposal pools. This will streamline participation, making governance more accessible and user-friendly.

To prevent spam and ensure meaningful contributions, the minimum stake per participant will be 500K XCN.

  1. Problem Statement

Exclusive Governance: Currently, only holders with 100M XCN can submit proposals, excluding smaller holders from governance participation.

Lingering Influence of Non-Holders: Without staking enforcement, past contributors who no longer hold XCN could still impact governance.

Lack of User-Friendly Access to Pooling: Without a dedicated Proposal Pooling Section in the OnyxDAO app, collaboration among smaller holders is difficult, limiting participation.

  1. Proposed Solution

We propose a Staked Pooled Governance Mechanism and the integration of a Proposal Pooling Section in the OnyxDAO app to make governance participation seamless and secure.

How It Works

  1. Governance Staking Pool

Token holders stake their XCN into a proposal pool to help reach the 100M threshold.

Once 100M XCN is staked, the pool gains the right to submit a governance proposal.

Tokens remain locked until the proposal is resolved (approved, rejected, or withdrawn).

  1. Proposal Pooling Section in the OnyxDAO App

A new “Proposal Pooling” tab under Governance will allow users to:
:white_check_mark: View active proposal pools seeking contributions.
:white_check_mark: Join an existing pool by staking at least 500K XCN.
:white_check_mark: Create a new pool if they have a proposal idea but need more contributors.
:white_check_mark: Track proposal progress, including status updates and voting results.

  1. Unstaking & Transfer Rules

Staked XCN cannot be transferred or sold unless unstaked first.

Holders must unstake before selling, ensuring only active holders influence governance.

Tokens remain locked until the proposal is approved, rejected, or withdrawn.

  1. Key Features & Benefits

:white_check_mark: Prevents Non-Holders from Participating – Only active holders can influence governance.
:white_check_mark: More Inclusive & Decentralized – Smaller holders can pool their tokens and participate.
:white_check_mark: Easy Access with Proposal Pooling Section – The app will simplify finding, joining, and managing pools.
:white_check_mark: Spam Prevention – 500K XCN minimum stake ensures serious participation.
:white_check_mark: Engaging & Transparent Governance – Proposal pooling increases community involvement and governance transparency.

  1. Governance & Security Considerations

30-Day Expiry for Inactive Pools – If a governance pool doesn’t reach 100M XCN within 30 days, all stakes unlock automatically.

Proposal Expiry & Stake Unlocking – If a proposal is rejected or expires, staked tokens unlock immediately.

Governance Integrity – Stakers can only vote on one pooled proposal at a time.

  1. Implementation Strategy

:white_check_mark: Smart Contract Development – A non-custodial, trustless staking contract will handle pooling and proposal submission.
:white_check_mark: OnyxDAO App Integration – The Proposal Pooling Section will be added to the Governance tab.
:white_check_mark: Community Feedback & Testing – Ensure smooth user experience before full launch.
:white_check_mark: Governance Vote & Deployment – Once approved, implement on the OnyxDAO platform.

  1. Conclusion

This Staked Pooled Governance system and Proposal Pooling Section will make OnyxDAO governance more decentralized, fair, and accessible. By allowing smaller holders to stake tokens together, we ensure that every ONYX holder has a voice in the DAO’s future.

Next Steps

  1. Community Discussion & Feedback

  2. Smart Contract Development & Security Audit

  3. App UI/UX Design & Development

  4. Governance Vote for Implementation

  5. Deployment & Testing

5 Likes
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Honestly a good proposal. I think it can give even more power to small holders. Let’s see what others think about this and maybe we can actually implement it in future.

2 Likes
3

great explanation . Really makes sense . someone from whales community should atleast make it happen . will be real power to community

2 Likes
4

Tremendous proposal

2 Likes
5

I think it’s a great proposal. I would say to make it seem even more fair for all holders is that it’s 500k to start the pooled proposal. Then anyone can vote on it so that way so basically the whole community can vote on it.If only People with 500k and up can vote on it , makes it feel the same as the 100m you need to make a proposal.It will show that our community cares about all investors and we all have a voice instead of the people with 100m+. But great job on this one prod !

2 Likes
6

Great proposal. Let’s make it happen.

1 Like
7

to make it even launch on governance you need 100m XCN staked :slight_smile:

1 Like
8

I know, im crossing my fingers. Last one got picked up, so im optimistic.

1 Like
9

Quite an interesting proposal. Would definitely help token holders with small amount of token

1 Like
10

:innocent: :sweat_smile: thats the optimism

11

Well, at least for now, it still needs to follow the normal procedure
So hopefully, someone gets really interested in it, and creates a proposal

1 Like
12

A really good one man, what I love the most about this is, how detailed it is
Very well explained

1 Like
13

not 500K XCN , it should be minimum 5 Million XCN even at 500k xcn it will be spammed with proposals

2 Likes
14

Thanks Opa, that means a lot!

15

I dont think spamming will really be a thing, especially if someone can only be invested in one proposal at a time. I dont have 5 million, so admittedly im a little biased.

2 Likes
16

Even just being limited to one or two pooled proposals would work. We can still allow the whales to put up their own 100 mil beyond the proposal limit and not risk any more spam than we do now.