ONUS Voting: Adjust Profit Sharing Ratio

In order to optimize profit sharing and strengthen the value of ONUS Coin, ONUS proposes to adjust the profit sharing ratio after buying back ONUS Coin as follows:

  • 75% of the ONUS quantity will be shared among investors at the end of the cycle based on the vONUS ownership ratio.
  • 15% of the ONUS quantity after BuyBack will be burned at the end of the cycle.
  • 10% of the ONUS quantity will be rewarded to partners at the end of the cycle.

A Voting program will be implemented, allowing ONUS Shares members to use their governance rights to provide input on these proposals. 

Participate in voting “Yes/No” to implement the new updates:

  • If the “Yes” ratio is greater than 50%, the proposal is approved. The team will implement the updates, expected to be applied from cycle 17.
  • If the “Yes” ratio is less than 50%, the proposal is canceled. ONUS Shares will maintain the mechanism as in previous cycles.

Voting details

  • Time: From 11:00 AM on November 23, 2023, to 11:00 AM on November 24, 2023 (UTC).
  • Location: The Voting section within the ONUS Shares feature.
  • Participation Conditions: To participate in the voting process, you must be a member of ONUS Shares. Your Voting Power is calculated based on the number of vONUS points you possess.