๐ฆพMission & Vision
Experimental DeFi protocol that is putting token holders first
Last updated
Experimental DeFi protocol that is putting token holders first
Last updated
We believe that experimentation, transparency, and resilience are the key to building a sustainable and thriving protocol and community.
Onyx DAO aims to solve current DeFi problems with an experimental, innovative model by combining farming and bonding; our goal is to build a project that empowers the community, prioritizes $ONYX holders, and challenges the status quo in the DeFi space.
The $ONYX token was designed to align user and protocol incentives by focusing on rewarding token holders first and minimizing volatility.
Onyx is not just any ordinary mineral, but an integral part of sculpture and decorative arts for centuries, including the production of ancient Greek statues. The name Onyx is a nod to Greek history, art, and science, which are synonymous with experimentation, resilience, and transparency:
๐งช Experimentation
By constantly refining and improving our protocol through experimentation weโre able to make more informed decisions about our ideas and projects.
๐๏ธ Transparency
Like a chisel, transparency, honesty, and integrity sculpt our actions to empower and enrich the ONYX community.
๐ Resilience
Sustainability like an onyx gemstone. It's a result of resilience over time. Each step we take towards sustainability polishes our future, making it brighter.
โก๏ธ Real Yield
On launch, $ONYX can be staked in Pools to earn major tokens such as $ETH and $USDC.
๐ง Smart Tokenomics
Emissions are utilized to primarily reward token holders and discourage short-term farmers to reduce price volatility.
โ๏ธ Owned Liquidity
Rapidly reducing emissions and bonding the $ONYX token allows Onyx DAO to deepen liquidity and lower slippage.