Whitelisted Assets
Season One of Onyx Points Program Whitelisted Assets
Season Two: Whitelisted Asset Allocation & Point Distribution Framework
The following digital assets have been officially whitelisted for Season Two of the Onyx Points Program. Each asset is associated with a specific Ethereum contract address and contributes a defined percentage of the total point emission rate, based on its strategic value and utility within the Onyx XCN Ledger ecosystem. Staked XCN on Etheruem for XCN Stakers is also included.
Whitelisted Assets & Allocated Point Weights
Ethereum
Staked XCN
0x23445c63FeEf8D85956dc0f19aDe87606D0e19A9
100%
Onyx Ledger (XCN Ledger)
wstETH
0x4a45a6bd25866780B845622006Ccf01402323294
10%
USDT
0xb236f6C59C866DC30db3b73eC56AdC19D24A0d48
20%
WETH
0x158DF7D70cC0bF90533c34b147b910d6d35b8341
5%
cbBTC
0x1735FBf1D7c41f8BCc96f3466d6Dd2Baccd41973
20%
USDC
0x401eCb1D350407f13ba348573E5630B83638E30D
20%
XCN
Native gas token of the Onyx Ledger (no address)
25%
Note: Assets on Onyx Ledger and staked XCN must be held in a self-custodied wallet (e.g., MetaMask, Ledger) and must be enrolled in the points program to qualify for emissions. Centralized exchange balances are not eligible.
Point Emissions & Distribution Mechanics
Total Points Emitted: 10,000,000 per day (Split 5,000,000 for XCN Stakers and 5,000,000 for Onyx Ledger participants)
Each asset earns a percentage of the block rewards, based on the allocation table above.
Points are distributed proportionally based on total participants in both categories (Staking and XCN Ledger)
For example if points were 10,000 per block:
The XCN token, with a 25% allocation, receives 2,500 points per block.
These 2,500 points are proportionally distributed to users based on their relative stake of the total eligible XCN enrolled in the program.
XCN Example: Proportional Point Distribution
If a user holds 1,000 XCN, the rewards were 10,000 per block, and the total amount of XCN enrolled in the points program is 10,000 XCN, then:
User’s share of XCN pool = 1,000 / 10,000 = 10%
User’s point allocation = 10% of 2,500 = 250 points per block
This proportional calculation is applied per block and assumes continuous enrollment via a smart contract-based “Enroll” function secured by off-chain signature authentication to validate user participation.
Technical Considerations
Enrollment Mechanism: A cryptographic signature-based enroll() function must be executed to formally participate in the Onyx Points program. This enables gas-efficient user verification and ensures sybil resistance.
Snapshot Frequency: Wallet balances for point calculations are recorded at deterministic intervals or block heights to prevent manipulation via short-term asset transfers.
Dynamic Participation: Users may join or exit the program at any time, but point rewards will only accrue for actively enrolled and eligible balances held during snapshot windows.
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