On September 12, 2024, ONUS launched the Voting program with a proposal to allocate 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.
At 8:00 UTC today, September 13, 2024, the Voting portal is officially closed. With the “Agree” rate accounting for 89.43%, ONUS would like to announce that the proposal to adjust the ONUS burning ratio to support the Crypto For Life projects has been officially approved.
Result details:
- “Yes” Rate: 89.43%, equivalent to 4,038,572 votes
- “No” Rate: 10.57%, equivalent to 477,297 votes
The proposal to adjust the ONUS burning ratio to support the Crypto For Life projects is expected to be applied starting from the 45th administration cycle.