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Transparency of Funds
How the experimental business model of Onyx DAO works and how funds will be used in the future
As an experimental DeFi protocol, Onyx DAO aims to align incentives and bootstrap operating capital within the first month. This is achieved by gradually increasing and then rapidly decreasing emissions, as well as implementing deposit fees ranging from 1-5% on non-native farms.
See below for how DAO Funds will be utilized for the initial and future project stages.