Onomy Protocol (NOM) is a token that is used as collateral for stablecoin mining, management and remuneration. It also provides network security through staking. The token belongs to the Cosmos chain of the first level for a multi-chain and intuitive DEX. The project combines traditional with decentralized finance, simplifying the migration of foreign currency to the chain with the help of crypto-backed decentralized stablecoins, which will be used for trading, profitability and payments.

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Dear Nomads,  This post aims to discuss the pros and cons of the current DAO Wallet delegation to validators. It utilizes the funds in the DAO wallet to indiscriminately delegate to validators according to their self-bond amount, and does not take into account validator reliability or contributions to the Onomy Ecosystem. Additionally, it is important to note that only validators receive additional rewards from the automatic DAO delegation, and not community members at large. Discontinuing the r...

OIP-6: Discontinue Validator rewards from DAO Delegation

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In case you missed it! 👀

OIP-6 Discusses the DAO Treasury Delegation to Validators. Rather than indiscriminately providing large delegations to all validators, it pushes for a system that rewards responsible validators for demonstrating long-term commitment and contribution to Onomy. 

Read more details and join the discussion here: https://forum.onomy.io/t/oip-6-discontinue-validator-rewards-from-dao-delegation/

In case you missed it. OIP-6 Discusses the DAO Treasury Delegation to Validators.