Proposals Call To Reduce LM and Security Incentives by 10%
Canto Public
0x4CeD
January 16th, 2024

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

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