Onyx Protocol

Onyx Protocol announces partnership with Thirdweb to launch a gasless smart wallet powered by Account Abstraction. Key features include: - No gas fees required for transactions - Enhanced security with customizable access models - Real-time analytics and monitoring - Smart contract functionality for automated actions The integration aims to make blockchain interactions more user-friendly while maintaining decentralization. Thirdweb will provide infrastructure support and data insights to help optimize protocol performance. Learn more at [Thirdweb](https://thirdweb.com)

The Onyx DAO community has voted to decentralize its Ambassador Program, marking a significant shift in governance. The program currently features 10 active ambassadors from diverse backgrounds: - Global representation spanning Nigeria, South Korea, Indonesia, and Turkey - Varied expertise including content creation, community management, and technical analysis - Multilingual capabilities covering 8+ languages The ambassadors will now be nominated and managed directly by the DAO community, while maintaining oversight safeguards. This transition reflects Onyx's commitment to community-led governance and follows their recent implementation of gas-free polling through Snapshot.org. Learn more about the ambassadors at [polls.onyx.org](https://polls.onyx.org)

Onyx Protocol has launched **Onyx AI**, a blockchain-native autonomous agent operating on the XCN Ledger. The agent combines blockchain execution with AI reasoning capabilities. Key features: - DeFi task automation for staking, lending, and yield optimization - Autonomous token management for minting, burning, and airdrops - Cross-chain interoperability support The system uses XCN as its exclusive medium for computation and transactions. It operates within a permissionless framework while maintaining security through embedded protocols. This development follows Onyx's recent launch of their Layer 3 XCN Ledger, built on Arbitrum Orbit and using Base for settlement.

Onyx has launched their Points rewards system, offering on-chain incentives for ecosystem participation. The system features: - **Three earning methods**: Passive Points for holding assets, Activity Points for DeFi engagement (coming soon), and App Points through partner dApps - **Season One** runs through September 2025, with rewards tracked from block #8932191 - **Whitelisted assets** include XCN (25%), USDC (20%), USDT (20%), cbBTC (20%), wstETH (10%), and WETH (5%) - Points are represented as NFTs and can be tracked via the [Points Portal](https://app.onyx.org) *Note: Assets must be in self-custodied wallets to qualify. Exchange holdings don't count.* Visit [app.onyx.org](https://app.onyx.org) to start earning.

The Onyx Ambassador Program has implemented significant changes to strengthen community representation and accountability: - New structured framework with direct reporting to moderators - Minimum requirement of 100 messages/week via Combot monitoring - Notable contributions from ambassadors like BKIM's successful X Space events - One spot open for 1am-10am UTC timezone coverage - Enhanced safety measures: all support must occur in public channels *Key Updates:* - Top 3 active ambassadors earn additional XP via Zealy - Inactive ambassadors receive warnings before replacement - Program focuses on merit-based selection and community values Want to become an ambassador? Active community members in the Asian/early European time zones can apply now.

Onyx DAO is introducing sXCN, a liquid staking token for the Onyx ecosystem. The proposal aims to enhance the current XCN staking experience by: - Eliminating manual reward claims through automatic yield accrual - Enabling users to trade or use staked assets in DeFi while earning rewards - Offering faster withdrawals than comparable solutions like stETH (1 block vs 37 days) The system is inspired by Lido's stETH but includes novel features for improved efficiency. sXCN will integrate with Onyx Goaliath for protocol security and validator staking. Community members are invited to participate in discussions as the proposal develops.

Onyx has announced the Goliath Project, a new Layer 1 blockchain network targeting banks and financial institutions. Key features include: - Aims to match or exceed Visa's 24,000 TPS - Uses Proof-of-Stake for energy efficiency - Complements existing XCN Ledger Layer 3 Development Timeline: - Q2 2025: Whitepaper release - Q3 2025: Testnet launch - Q1 2026: Mainnet launch - Q2 2026: Bank Connectivity Mesh Network The project includes a points program with 10x multiplier for early liquidity providers. XCN token remains on Ethereum but will be bridgeable to Goliath network. Bridge assets at [bridge.onyx.org](https://bridge.onyx.org)

**Key January Updates for Onyx Protocol:** - Ambassador program changes: Two slots filled after departures, with expanded moderation permissions granted - New Chain partnership: 30% discount on services when paying with XCN, up to 75% off for stakers - Record gas refund: Over $30,000 in ETH distributed to 2,661 addresses - Staking milestone: 3B+ XCN now actively staked - Security measures: Enhanced anti-scam initiatives implemented across social platforms The protocol also celebrated the launch of XCN Ledger, a layer 3 blockchain using XCN as native token with burn mechanism.