the numbers going up across the Onyx ecosystem. More than 3.3B $XCN has now been bridged to Layer 1, while liquid staking continues to grow with over 3.42B stXCN and a current APR of around 30%.
It’s encouraging to see more community members participating and making use of the expanding Layer 1 ecosystem.
What has been your favorite feature since moving to Layer 1?
Liquid staking still remains a favourite feature in addition to the high APR you get when you liquid stake on the onyx layer 1. Who wouldn’t want to make the most opportunity from a 30% APR from staking?
All of this from the team, and institution adoption hasn’t even started yet. I’m so much excited to see what the ecosystem would be like with the onboarding of Institutions
More and more people have been discovering the layer 1 staking of Onyx. Let’s all spread the word so that the community can take full advantage of juicy apy Onyx DAO is offering.