On October 16, 2023, ONUS launched the Voting program with a proposal to upgrade ONUS Shares to version 4.0, expected to apply from the 16th administration cycle.
At 10:00 AM UTC today, October 19, 2023, the Voting portal is officially closed. With the “Agree” rate accounting for 98.32%, ONUS would like to announce that the proposal to upgrade to ONUS Shares v4.0 has been officially approved.
Result details:
- “Yes” Rate: 98.32%, equivalent to 7,989,101 votes
- “No” Rate: 1.68%, equivalent to 136,104 votes
The proposal to upgrade to ONUS Shares v4.0 is expected to be applied starting from the 16th administration cycle.
About ONUS Shares v4.0
- Increase the profit-sharing rate to 25%.
Instead of sharing 20% of profits as in previous cycles, ONUS proposes to increase the profit-sharing rate to 25%.
- Share profits in ONUS Coin.
To minimize legal risks, starting from cycle 16, rewards will be shared in ONUS Coin instead of VNDC. Daily or hourly, the system will use 25% of profits for an automatic ONUS Coin buyback. The transaction history for each buyback will be publicly updated.
Distribution of ONUS rewards after BuyBack:
- 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.
- Profit estimates
In previous ONUS Shares cycles, the total profit was approximately 10,000,000,000 VNDC, and 20% of this is equivalent to 2 billion VNDC. If the new mechanism is applied in cycle 16, the estimated distribution of ONUS tokens would be as follows:
- Estimated total ONUS Buyback quantity: 300,000 ONUS.
- Estimated quantity to be shared with ONUS Holders: 225,000 ONUS.
- Estimated ONUS to be burned: 60,000 ONUS.
- Estimated ONUS to be rewarded to partners: 15,000 ONUS.
