Onyx proposes to restart as a closed lending platform and will fully compensate users affected by the hacker attack

According to Foresight News, the DeFi protocol Onyx Protocol stated that in response to the theft, Onyx Protocol issued proposal OIP-46, proposing to restart Onyx's open source licensed financial network Onyx Core as the main product, together with XCN Staking to ensure the governance of Onyx Core and the rewards of Onyx Staker. According to the proposal, Onyx Protocol will operate as a closed lending protocol on Onyx Core, allowing users to package and lend NFTs and real assets (RWA), while supporting crypto assets from multiple chains. This move will close the Ethereum-based lending market and fully compensate all affected users, paying them 1:1 for the assets they provided.

Foresight News previously reported that Onyx Protocol said yesterday that there were unusual activities on the platform and that it was currently reviewing third-party post-inspection data and conducting an internal investigation. More details will be released in due course.