OnyxCoin (XCN): An innovative ecosystem of on-chain automation and Decentralization governance

6-12-2025, 5:55:37 AM
DeFi
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OnyxCoin (XCN) has recently been continuously innovating in terms of technology and ecology. Through various initiatives such as Onyx AI, the OIP-56 governance mechanism, and the Onyx Points reward system, it has significantly enhanced the degree of decentralization of the protocol and community participation, injecting new vitality into the blockchain ecosystem.
OnyxCoin (XCN): An innovative ecosystem of on-chain automation and Decentralization governance

Decentralization Governance New Chapter

The Onyx Protocol, through the OIP-56 proposal, officially opens up XCN governance participation, allowing community members to directly engage in decision-making and enhance protocol transparency. This move also promotes new features such as liquid staking, Layer 3 XCN Ledger, and gas-free wallets, further strengthening ecosystem interaction.

Onyx AI: on-chain automation revolution

Onyx AI, as a blockchain-native automation agent, is specifically designed for the XCN Ledger, combining smart contracts and AI computation to achieve fully automated execution of DeFi tasks, token management, and cross-chain operations. Onyx AI is centered around the XCN token, ensuring transaction safety and efficiency, and supports intelligent reasoning and multi-step operations in EVM-compatible environments.

Onyx Points: Incentives and Participation

The Onyx Points reward system records user contributions in the form of NFTs, allowing token holders to automatically earn points. In the future, they can also earn additional rewards through liquidity provision, DeFi operations, or participation in dApps. All reward distributions are automatically executed by smart contracts and overseen by a DAO, ensuring fairness and transparency.

Summary

OnyxCoin continuously promotes Decentralization governance and on-chain automation, stimulating ecological vitality through technological innovation and incentive mechanisms. With more features coming online, OnyxCoin is expected to become an important cornerstone in the field of blockchain applications and governance.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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