Proposals Call To Initiate Neofinance Coordinator Incentives, Reduce LM & Security Incentives by 10%, Remove USDT & USDC Incentives
Canto
0x4CeD
December 12th, 2023

Four separate governance proposals will be submitted at 10:30 AM ET on Wednesday, December 13 with the following outcomes if passed:

  • Set new liquidity mining incentives to be reduced by 10% for all assets except USDC and USDT, which will be cut by 100%

  • Fund liquidity mining incentives for the next period

  • Reduce security emissions by exactly 10%

  • Introduce incentives of 1.09 CANTO per block for the Neofinance Coordinator

The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:

  • CANTO/NOTE: 5.502 CANTO per block

  • ETH/CANTO: 2.222 CANTO per block

  • ATOM/CANTO: 2.222 CANTO per block

  • NOTE/USDC: 0.397 CANTO per block

  • NOTE/USDT: 0.397 CANTO per block

If passed, security emissions will be 2.498 CANTO per block and Neofinance Coordinator emissions will be 1.09 CANTO per block.

cNOTE/USDC emissions on Ambient Finance will remain unchanged.

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