The onicai community has taken a formal step towards decentralised governance with the submission of an NNS proposal to create an SNS under the name onicai. The proposal is now live on the Internet Computer dashboard and awaits a vote from the wider ICP community, which will determine whether the project proceeds to its decentralisation sale.
At its core, the proposal outlines the creation of an SNS that would transfer control of onicai to token holders through on chain governance. If approved, the structure would allow participants to directly influence decisions around development, treasury use and future allocations, shifting authority away from a central team and towards a community led model.
The proposal sets out detailed parameters for the decentralisation sale. The total supply is defined at 52.5 million ONICAI tokens, with 21 million already mined via the funnAI Protocol. Participation thresholds are clearly stated, including a minimum of 100 participants and a minimum direct participation of 80,000 ICP, with a cap of 300,000 ICP. Individual contributions would range from 10 ICP to a maximum of 20,000 ICP per participant.
Governance mechanics are also specified in advance. Neurons would carry a dissolve delay of up to 24 months, paired with a dissolve delay bonus of 100 percent and an additional neuron age bonus of 25 percent after 12 months. Voting rewards are designed to taper over time, starting at 4 percent and reducing to zero across a four year transition period. Participants would receive tokens through a vesting schedule spread across eight events at three month intervals, a structure intended to balance early involvement with longer term alignment.
Token allocation at genesis assigns 25 percent of supply to the decentralisation swap, 13.5 percent to developer neurons and 2 percent to advisors, with 59.5 percent directed to the SNS treasury. Further allocations, including liquidity provision and the funnAI Protocol allocation, are proposed to be decided through governance after launch, rather than being fixed upfront.
While supporters frame the proposal as a move towards community ownership and decentralised AI development, the outcome now rests with ICP voters. As with any SNS, approval would mark the beginning of a governance process rather than its end, with future decisions shaped by how actively participants engage once control is distributed.
For the Internet Computer ecosystem, the onicai proposal adds another case study in how projects are choosing to decentralise, laying out their economics and governance rules in advance and putting them to a public vote. Whether the proposal passes or not, the discussion around it reflects a growing focus on transparency and accountability as projects move from early development into shared ownership.
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