Canto is launched. The governance keys for Canto Lending Market are now in full custody of the DAO with subsequent proposals enacted to enable security emissions and chain parameters. With that, early contributors plan to propose the following liquidity mining schedule to the DAO.

Liquidity Mining Program  

Per Canto’s Genesis and token distribution model, the initial liquidity mining program will release tokens linearly per block to LP token holders:

• 62.5 million CANTO will be released to LP token holders over a 30-day period
• 144.6759259 CANTO per block 
• Will begin when the proposal is executed on-chain.

CANTO/NOTE LP Token Supply Market

• Receives 37.27% of the block reward for Liquidity Mining 
• 53.92 Canto per block

ETH/CANTO LP Token Supply Market

• Receives 18.63% of the block reward for Liquidity Mining 
• 26.96 Canto per block

ATOM/CANTO LP Token Supply Market

• Receives 18.63% of the block reward for Liquidity Mining 
• 26.96 Canto per block

NOTE/USDC LP Token Supply Market

• Receives 12.42% of the block reward for Liquidity Mining 
• 17.97 Canto per block

NOTE/USDT LP Token Supply Market

• Receives 12.42% of the block reward for Liquidity Mining 
• 17.97 Canto per block

USDC Token Supply Market 

• Receives .31% of the block reward for Liquidity Mining 
• 0.45 Canto per block

USDT Token Supply Market 

• Receives .31% of the block reward for Liquidity Mining 
• 0.45 Canto per block

The program will begin immediately when the proposal is executed on-chain.

About Canto

Canto is a Layer 1 blockchain built to deliver on the promise of DeFi – that through a post-traditional financial movement, new systems will be made accessible, transparent, decentralized, and free. Created by a loosely organized collective of chain-native builders, Canto is a new commons powered by Free Public Infrastructure.

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