With roughly 24 hours left on the clock, the onicai SNS proposal has entered its final voting window, calling on the Internet Computer community to weigh in on the future structure of the decentralised AI project. The proposal is live on the ICP dashboard and available through the NNS Launchpad, where token holders can cast their votes before the deadline closes.
The vote centres on the creation of the onicai SNS, a governance framework designed to hand control of the project to the community through an on chain system. If approved, the SNS would define how tokens are distributed, how governance neurons are structured and how future decisions are made, placing early responsibility in the hands of participants rather than a central team.
According to the proposal, the total supply is set at 52.5 million ONICAI tokens. Of this, 21 million are earmarked to be mined via the funnAI Protocol, while 25 per cent of the supply would be allocated to the decentralisation swap at genesis. The remaining allocation assigns 13.5 per cent to developer neurons, 2 per cent to advisors and 59.5 per cent to the SNS treasury, which would later be governed by token holders.
Participation thresholds are clearly defined. A minimum of 100 participants is required, with direct participation ranging between 80,000 ICP and 300,000 ICP. Individual contributions start at 10 ICP and are capped at 20,000 ICP per participant. These boundaries are intended to encourage broad involvement while limiting outsized influence from any single contributor.
Governance mechanics form a central part of the proposal. Neurons would carry a dissolve delay of 24 months, paired with a 100 per cent dissolve delay bonus. An additional age bonus of 25 per cent applies after 12 months. Rewards begin at 4 per cent and taper to zero over a four year transition period, reflecting a design that favours long term commitment over short term participation. Participant vesting is scheduled across eight events at three month intervals.
The proposal also outlines operational details, including a ledger transaction fee of 0.001 ONICAI and a proposal rejection fee of 1,000 ONICAI tokens. Developer and advisor involvement is formalised through 20 developer neurons and 24 advisor neurons, while the Neurons Fund would not take part at genesis.
Further decisions are intentionally left open for post genesis governance. Planned votes would determine allocations for a liquidity pool, set at 1 per cent or 525,000 ONICAI tokens, matched with between 3,200 and 12,000 ICP depending on participation. Additional allocations covering the funnAI Protocol and remaining treasury balances would also be decided by the SNS once it is live.
As the deadline approaches, the message from the onicai team and its supporters is clear. Every vote carries weight in shaping how the project is governed and how decentralised AI initiatives evolve on the Internet Computer. Whether the proposal passes will depend on community turnout and sentiment in these final hours.
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