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

Updates
62

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

63

The fastest fix would be Proposal 1, Proposal 4 is more of a balanced fix

64

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.

65

This is contrary to Onyx’s management philosophy. Decisions can only be made by user voting.

66

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.

67

Then Dao would have no meaning, my friend. If there is a decentralized government, it should be governed by voting.

68

The process took longer because the votes were rejected, but I hope it will be resolved as quickly as possible.

69

I think Onyx is a community-governed project. As a DAO, it’s the users that make key decisions via voting

70

This would be completely wrong my friend, it is completely against the way the system is run and it cannot be done at all.

71

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

72

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.

73

Failure to do so ensures and maintains users’ trust in the system, otherwise it would not be secure

74

You made a great offer my friend, there is still a chance of implementation, let’s wait and see.

75

I totally agree that management is better this way.

1 Like
76

Being patient will defintely pay off

77

off course will be looking forward to what will unveil in future , Glued to the announcement channel

78

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.

1 Like
Upcoming AMA on the Onyx Protocol hack reimbursement options
79

Let’s also take some time to consider Proposal 4

80

you voted ? or still waiting