Onyxcoin: OIP-5 vote opens for XCN buybacks, fee burns and Onyx Launch - By 09 Oct 2026

Voting on OIP-5 opens by October 9, 2026. The proposal would activate XCN buybacks and fee burns and deploy Onyx Launch, with those changes subject to the governance vote rather than taking effect when voting begins.

The proposed buybacks and fee burns would introduce a direct supply-reduction mechanism for XCN if OIP-5 passes. The vote gives participants a decision on whether to activate that mechanism alongside the deployment of Onyx Launch. Passage remains undetermined until voting concludes, as does the scale of the buybacks and burns, so the proposal does not yet establish the extent of any supply reduction.