> For the complete documentation index, see [llms.txt](https://halo-lending.gitbook.io/onyx-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://halo-lending.gitbook.io/onyx-dao/welcome/mission-and-vision.md).

# Mission & Vision

Experimental DeFi protocol that is putting token holders first

We believe that experimentation, transparency, and resilience are the key to building a sustainable and thriving protocol and community.

## 🫂 DeFi Done Differently: The Onyx Solution

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 Features**

<table data-view="cards"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td>⚡️ <strong>Real Yield</strong></td><td>On launch, $ONYX can be staked in Pools to earn major tokens such as $ETH and $USDC.</td></tr><tr><td>🧠 <strong>Smart Tokenomics</strong></td><td>Emissions are utilized to primarily reward token holders and discourage short-term farmers to reduce price volatility.</td></tr><tr><td>⛏️ <strong>Owned Liquidity</strong></td><td>Rapidly reducing emissions and bonding the $ONYX token allows Onyx DAO to deepen liquidity and lower slippage.</td></tr></tbody></table>

<figure><img src="https://160218668-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHGRKhXMStEU38Xq9dZxs%2Fuploads%2FF8JrCbjh7uaI4mobgXb7%2Fvalues.png?alt=media&amp;token=65cbe5f3-38a5-4d09-96c4-5be2af27436b" alt=""><figcaption></figcaption></figure>

### The Inspiration of Onyx

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:

<table data-column-title-hidden data-view="cards"><thead><tr><th></th><th></th><th data-hidden></th></tr></thead><tbody><tr><td>🧪 <strong>Experimentation</strong></td><td>By constantly refining and improving our protocol through experimentation we’re able to make more informed decisions about our ideas and projects.</td><td></td></tr><tr><td>🎙️ <strong>Transparency</strong></td><td>Like a chisel, transparency, honesty, and integrity sculpt our actions to empower and enrich the ONYX community.</td><td></td></tr><tr><td>💎 <strong>Resilience</strong></td><td>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.</td><td></td></tr></tbody></table>

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