Onyx Protocol Unveils Staking Governance for Closed Lending Protocol on Onyx Core

According to BlockBeats news, on September 27, Onyx Protocol posted on the Staking together ensures the governance of Onyx Core and the rewards of Onyx Staker.

According to the proposal, Onyx Protocol will run as a closed lending protocol on Onyx Core, allowing users to wrap and lend NFTs and real assets (RWA), while supporting crypto assets from multiple chains. The move will close the Ethereum-based lending market and fully compensate all affected users at a 1:1 ratio for the assets they provide.

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