On November 15, 2023, ONUS launched the Voting program with a proposal to shorten the ONUS Shares cycle from 28 days to 14 days. This helps ONUS Shares members receive profit sharing in shorter terms, reducing the waiting time between each cycle.
At 9:00 AM UTC today, November 16, 2023, the Voting portal is officially closed. With the “Agree” rate accounting for 98.74%, ONUS would like to announce that the proposal to shorten the ONUS Shares cycle has been officially approved.
Result details:
- “Yes” Rate: 98.74%, equivalent to 5,227,662 votes
- “No” Rate: 1.26%, equivalent to 66,689 votes
The proposal to shorten the ONUS Shares cycle is expected to be applied starting from the 17th administration cycle.
About ONUS Shares v4.0
ONUS Shares v4.0 is a feature that brings maximum benefits to ONUS investors while contributing to a sustainable business model and increasing ONUS Coin’s value.
When participating in the ONUS Shares feature, you will have the right to vote on important ONUS decisions, increase the limit on participation in Launchpad programs and receive ONUS profit sharing. The system will use 25% of profits for an automatic ONUS buyback. This amount of ONUS will be allocated as follows:
- 20% of the ONUS quantity after BuyBack will be burned at the end of the cycle.
- 75% of the ONUS quantity will be shared among investors at the end of the cycle based on the vONUS ownership ratio.
- 5% of the ONUS quantity will be rewarded to partners at the end of the cycle.
