To contribute to spreading positive values in the community, ONUS proposes allocating 1% of the burned ONUS at the end of each ONUS Shares cycle to Crypto For Life, a crypto fundraising platform for charitable projects.
Therefore, at the end of each ONUS Shares cycle, instead of burning 15% of the ONUS after the Buy-back as in previous cycles, the system will only burn 14% and 1% will be transferred to the Crypto For Life account to support future projects.
The profit sharing ratio after buying back ONUS Coin if the above proposal is approved:
- 75% of the ONUS quantity will be shared among investors at the end of the cycle based on the vONUS ownership ratio.
- 14% 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.
- 1% of the ONUS quantity will be contributed to the Crypto For Life fund.
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 45.
- 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 08:00 on September 12, 2024, to 08:00 UTC on September 13, 2024 (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.