# Recovery Proposal 3 of 3: Reduce inflation and launch the v2 Onyx Money Market Protocol **URL:** \ **Category:** Updates\ **Created:** [November 12, 2023, 11:14am UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167 "2023-11-12T11:14:20Z")\ **Posts on this page:** 19\ **Page:** 4
**Author:** ![yaboyT](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/yaboyt/32/47_2.png) [@yaboyT](https://community.onyx.org/u/yaboyT)\ **Post date:** [November 22, 2023, 6:05pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/62 "2023-11-22T18:05:03Z")
fr lmao . just get this thing done asap . its been 23 days and we are still waiting for what we need to do and what proposal we need to do on voting ---
**Author:** ![Tristanman](https://avatars.discourse-cdn.com/v4/letter/t/5fc32e/32.png) [@Tristanman](https://community.onyx.org/u/Tristanman)\ **Post date:** [November 22, 2023, 6:55pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/63 "2023-11-22T18:55:42Z")
The fastest fix would be Proposal 1, Proposal 4 is more of a balanced fix ---
**Author:** ![UrgencyEddie](https://avatars.discourse-cdn.com/v4/letter/u/e9c0ed/32.png) [@UrgencyEddie](https://community.onyx.org/u/UrgencyEddie)\ **Post date:** [November 22, 2023, 7:14pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/64 "2023-11-22T19:14:16Z")
I bet you I have lost more than half the ppl that were involved in the exploit. Just by holding this thing for over a year. I want a refund too. ---
**Author:** ![Shadow](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/shadow/32/502_2.png) [@Shadow](https://community.onyx.org/u/Shadow)\ **Post date:** [November 22, 2023, 7:46pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/65 "2023-11-22T19:46:21Z")
This is contrary to Onyx’s management philosophy. Decisions can only be made by user voting. ---
**Author:** ![Trade](https://avatars.discourse-cdn.com/v4/letter/t/5fc32e/32.png) [@Trade](https://community.onyx.org/u/Trade)\ **Post date:** [November 22, 2023, 7:48pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/66 "2023-11-22T19:48:35Z")
Once the rules are broken, the rules start to disappear completely and become meaningless. Onyx has this type of management and actions should only be implemented with user votes. ---
**Author:** ![Trade](https://avatars.discourse-cdn.com/v4/letter/t/5fc32e/32.png) [@Trade](https://community.onyx.org/u/Trade)\ **Post date:** [November 22, 2023, 7:50pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/67 "2023-11-22T19:50:07Z")
Then Dao would have no meaning, my friend. If there is a decentralized government, it should be governed by voting. ---
**Author:** ![Trade](https://avatars.discourse-cdn.com/v4/letter/t/5fc32e/32.png) [@Trade](https://community.onyx.org/u/Trade)\ **Post date:** [November 22, 2023, 7:51pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/68 "2023-11-22T19:51:54Z")
The process took longer because the votes were rejected, but I hope it will be resolved as quickly as possible. ---
**Author:** ![Gedet](https://avatars.discourse-cdn.com/v4/letter/g/b4bc9f/32.png) [@Gedet](https://community.onyx.org/u/Gedet)\ **Post date:** [November 22, 2023, 7:53pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/69 "2023-11-22T19:53:20Z")
I think Onyx is a community-governed project. As a DAO, it’s the users that make key decisions via voting ---
**Author:** ![Shadow](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/shadow/32/502_2.png) [@Shadow](https://community.onyx.org/u/Shadow)\ **Post date:** [November 22, 2023, 7:53pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/70 "2023-11-22T19:53:44Z")
This would be completely wrong my friend, it is completely against the way the system is run and it cannot be done at all. ---
**Author:** ![Shadow](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/shadow/32/502_2.png) [@Shadow](https://community.onyx.org/u/Shadow)\ **Post date:** [November 22, 2023, 7:55pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/71 "2023-11-22T19:55:25Z")
There have been 3 votes and they are working on the 4th. Sometimes waiting will result in the best offer. It’s best to be patient ---
**Author:** ![Shadow](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/shadow/32/502_2.png) [@Shadow](https://community.onyx.org/u/Shadow)\ **Post date:** [November 22, 2023, 7:57pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/72 "2023-11-22T19:57:01Z")
I think your proposal is being worked on. We will see what will happen in the new vote and I hope we will reach a solution as soon as possible. ---
**Author:** ![Trade](https://avatars.discourse-cdn.com/v4/letter/t/5fc32e/32.png) [@Trade](https://community.onyx.org/u/Trade)\ **Post date:** [November 22, 2023, 7:58pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/73 "2023-11-22T19:58:53Z")
Failure to do so ensures and maintains users’ trust in the system, otherwise it would not be secure ---
**Author:** ![Trade](https://avatars.discourse-cdn.com/v4/letter/t/5fc32e/32.png) [@Trade](https://community.onyx.org/u/Trade)\ **Post date:** [November 22, 2023, 8:00pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/74 "2023-11-22T20:00:15Z")
You made a great offer my friend, there is still a chance of implementation, let’s wait and see. ---
**Author:** ![Shadow](https://yyz2.discourse-cdn.com/flex008/user_avatar/community.onyx.org/shadow/32/502_2.png) [@Shadow](https://community.onyx.org/u/Shadow)\ **Post date:** [November 22, 2023, 8:02pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/75 "2023-11-22T20:02:40Z")
I totally agree that management is better this way. ---
**Author:** ![joshado](https://avatars.discourse-cdn.com/v4/letter/j/67e7ee/32.png) [@joshado](https://community.onyx.org/u/joshado)\ **Post date:** [November 23, 2023, 12:12am UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/76 "2023-11-23T00:12:34Z")
Being patient will defintely pay off ---
**Author:** ![joshado](https://avatars.discourse-cdn.com/v4/letter/j/67e7ee/32.png) [@joshado](https://community.onyx.org/u/joshado)\ **Post date:** [November 23, 2023, 12:15am UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/77 "2023-11-23T00:15:59Z")
off course will be looking forward to what will unveil in future , Glued to the announcement channel ---
**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 23, 2023, 6:33am UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/78 "2023-11-23T06:33:19Z")
Hi, We’ll try to get to agreement in the correct way, with on-chain community voting. Today, the DAO initiates voting on Proposal #4. If this proposal fails, we’ll continue with Proposal #5. To receive voting power, get your XCN staked before the proposal is started. ---
**Author:** ![Gero](https://avatars.discourse-cdn.com/v4/letter/g/4491bb/32.png) [@Gero](https://community.onyx.org/u/Gero)\ **Post date:** [November 23, 2023, 9:11pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/79 "2023-11-23T21:11:05Z")
Let’s also take some time to consider Proposal 4 ---
**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:** [November 24, 2023, 4:48pm UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/80 "2023-11-24T16:48:24Z")
you voted ? or still waiting [Previous page](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167.md?page=3)