What's Cooking on Onyx? $XCN Updates to Watch

Updates
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The Onyx ecosystem has several developments worth exploring, from governance execution to staking, wallet features, and the Onyx Card.

Here’s a quick overview.

:ballot_box_with_ballot: OIP-5 Has Been Executed

OIP-5, covering $XCN buybacks, fee burns, and the deployment of Onyx Launch, has officially been executed.

Read the full details:

:gem_stone: 30% APR on Onyx Layer 1

Staking on Onyx Layer 1 currently advertises 30% APR. Users interested in liquid staking can explore the available options through the Onyx app.

Get started:

APR may change. Review the terms and risks before staking.

:high_voltage: Zero-Fee $XCN Interactions

The @Onyx Wallet offers zero fees for $XCN interactions, alongside access to staking, governance, swaps, the Onyx Agent, and more.

Explore the wallet:

:bridge_at_night: Bridge $XCN to Onyx Layer 1

Ready to explore the Onyx Layer 1 ecosystem? You can bridge your $XCN through the official Onyx Bridge.

Always verify the destination network and transaction details before confirming a transfer.

:credit_card: The Onyx Card Waitlist Is Open

Interested in the @Onyx Card? There’s still time to join the waitlist and follow its progress.

:backhand_index_pointing_down: Let’s Talk

Which development interests you most?

  • OIP-5 and governance

  • Staking and liquid staking

  • Zero-fee wallet interactions

  • Bridging to Onyx Layer 1

  • The Onyx Card

Share your thoughts below. Let’s keep the conversation going! :fire:

#Onyx #XCN

1 Like
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One thing to note is the obvious progress in the ecosystem. I’m particularly impressed with the governance. We’ve seen the community show a high level of support to governance; as we experienced two of the highest votes in two two of the most recent OIPs. I believe we are definitely on the right track.

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It’s been quite and interesting run here. A lot is really going on. DAC is moving in the speed of light with.

Onyx is a blockchain to look out for :fire::fire::fire: