# Recovery Proposal 3 of 3: Reduce inflation and launch the v2 Onyx Money Market Protocol

**URL:** <https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167>\
**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:** 1\
**Showing post:** 57

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**Author:** ![Tristanman](https://avatars.discourse-cdn.com/v4/letter/t/5fc32e/32.png) [@Tristanman](https://community.onyx.org/u/Tristanman)\
**Post date:** [November 21, 2023, 12:46am UTC](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167/57 "2023-11-21T00:46:19Z")

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The team should definitely consider Proposal 4

> [@Recovery Proposal 4: Taking the best of both proposal 1 and 3](http://community.onyx.org/t/recovery-proposal-4-taking-the-best-of-both-proposal-1-and-3/1179):
>
> Proposal 4 I would like to put up a 4th proposition for the Onyx Community to consider. This proposal combines the best features of the 1st and 3rd proposals. Proposition #4 suggest the Onyx Protocol focuses on its XCN DAO to help the exploit as well as leveraging on the Onyx Capital Facility. The mechanisms of the proposal: The DAO would reduce the staking rewards to a floating 20~25% APR, which are currently at 40%, thus decreasing inflation of the XCN token staking by over 20%. (A more m…

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_[View the full topic](https://community.onyx.org/t/recovery-proposal-3-of-3-reduce-inflation-and-launch-the-v2-onyx-money-market-protocol/1167)._
