Three separate governance proposals will be submitted at 10:30 AM ET on Wednesday, January 17 with the following outcomes if passed:
Set new liquidity mining incentives to be reduced by 10%
Fund liquidity mining incentives for the next period
Reduce security emissions by exactly 10%
The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:
CANTO/NOTE: 4.952 CANTO per block
ETH/CANTO: 1.999 CANTO per block
ATOM/CANTO: 1.999 CANTO per block
NOTE/USDC: 0.357 CANTO per block
NOTE/USDT: 0.357 CANTO per block
cUSDC: 0.118 CANTO per block
cUSDT: 0.118 CANTO per block
If passed, security emissions will be 2.248 CANTO per block.
Additionally, half of the Ambient Finance emissions for the cNOTE/USDC pool will be redirected to a newly-created NOTE/USDC pool:
cNOTE/USDC: 0.225
NOTE/USDC: 0.225