Onyx DAO Proposes sXCN Liquid Staking Solution

Onyx has launched its Points system on the Goliath Layer 1 network, consolidating previously fragmented incentive mechanisms across multiple layers. The migration aims to simplify tracking and improve integration with core staking systems. **Key Changes:** - Points now focus on four assets: ETH, USDC, XCN, and STXCN - Each asset receives equal 25% allocation from 5M daily points - Previous 10M daily points split between XCN stakers and Ledger participants has been restructured - 5M points now dedicated to Layer 1 Goliath environment - XCN staker allocation remains unchanged **How It Works:** Rewards distribute proportionally based on user stake within each asset pool. For example, holding 10% of enrolled XCN earns 10% of that category's points allocation. Existing users retain all previously earned points. Participation continues through smart contract enrollment with off-chain signature authentication. [Full documentation](https://docs.onyx.org/whitelisted-assets)

Onyx has partnered with Thirdweb to bring native infrastructure support to its Goliath Layer 1 blockchain. **Key Infrastructure Components:** - Dedicated RPC endpoints for reliable, low-latency dApp interactions - Comprehensive APIs to simplify development and reduce complexity - Advanced indexing services for real-time and historical data queries **Account Abstraction Features:** - Gasless transactions and improved user experience - Custom authentication mechanisms - Enhanced security and wallet recovery options **Onyx Wallet Integration:** The partnership enables full compatibility with Onyx Wallet, offering streamlined onboarding, secure interactions, and direct access to Goliath-based applications. This collaboration builds on Onyx's recent wallet redesign, which introduced integrated governance, native staking, and Goliath support. The integration positions Goliath as a developer-friendly Layer 1 solution by combining scalable backend services with user-centric wallet capabilities.

Onyx has launched Goliath, transitioning from testnet to a production-ready network. The release integrates several key features directly into the Onyx App at [app.onyx.org](https://app.onyx.org): **Key Features Now Live:** - **Liquid staking** for XCN with automatic reward accrual - **Native bridge** enabling XCN transfers between Ethereum (ERC-20) and Goliath - **Token swapping** for XCN, ETH, and USDC on Goliath network Goliath uses asynchronous Byzantine Fault Tolerance (aBFT) consensus, providing high throughput and deterministic finality. The network targets real-world applications including cross-border payments, decentralized governance, and supply chain verification. The platform complements the existing Ethereum-based XCN token, which remains the default alongside Goliath. Documentation is available at [goliath.net](https://goliath.net).

The Onyx Goliath Testnet has released major updates across its infrastructure, introducing **liquid staking** functionality and opening **external validator onboarding** for the first time. **Key Updates:** - **Liquid Staking Live**: Users can now stake XCN with a 25.02% net APY through the stXCN token at [slingshot.goliath.net/#/yield](https://slingshot.goliath.net/#/yield). Rewards accrue automatically without requiring claim transactions. - **Ethereum Sepolia Integration**: Users can stake on Ethereum Sepolia and migrate to Goliath through an automated flow. XCN is now bridgeable between Sepolia (ERC20) and Goliath (native token). - **Enhanced Telegram Faucet**: The bot now supports expanded asset distribution including Sepolia XCN minting and staking via simple commands at [t.me/GoliathFaucetBot](https://t.me/GoliathFaucetBot). - **Validator Decentralization**: The network added its 6th consensus node—the first running on separate infrastructure. External validators can now join incrementally as the network scales. These updates expand Goliath's cross-network interoperability and staking capabilities ahead of mainnet launch. Users experiencing issues can report them in the official [Telegram group](https://t.me/Onyx).

**Onyx has launched the Goliath public testnet**, a next-generation consensus infrastructure built on asynchronous Byzantine Fault Tolerance (aBFT). The testnet is now live at [goliath.net](https://goliath.net). **Key Features Available:** - **Cross-chain bridge** between Ethereum Sepolia and Goliath testnet at [slingshot.goliath.net/#/bridge](https://slingshot.goliath.net/#/bridge) - **Slingshot DEX** for token swaps between USDC, WXCN, and XCN - **Test token faucet** via [Telegram bot](https://t.me/GoliathFaucetBot) providing XCN, USDC, ETH, and BTC **Target Applications:** - Instant cross-border payments - Decentralized governance and voting - Healthcare audit trails - Supply chain traceability Goliath integrates with existing Onyx products including Onyx Wallet, App, AI, and Ledger to create comprehensive digital infrastructure. **Developer Access:** Participants get exclusive access to closed-source repositories. Those interested in validator or testing programs can email goliath@onyx.org. The testnet serves as a proving ground before mainnet launch, allowing community validation and feedback collection.