Proof-of-Stake Token on Ethereum Classic Network. This is an alternative method to the more widely known process used by bitcoin; Proof of Work (POW).
ONEX is a ERC223 Token which implements the Proof-of-Stake mechanism, meaning that holders of ONEX can earn some extra tokens just by holding ONEX for a period of at least 3 days, greater than or equal to The Minimum Coin Age. ONEX smart contract has some standard functions which makes staking easy.
Contract Security info provided by SlowMist