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.