Proposals Call To Reduce LM Incentives by ~10%

Three separate governance proposals will be submitted at 11 AM EST on Monday, June 12 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: 10.483 CANTO per block (-10%)

  • ETH/CANTO: 4.234 CANTO per block (-10%)

  • ATOM/CANTO: 4.234 CANTO per block (-10%)

  • NOTE/USDC: 0.756 CANTO per block (-10%)

  • NOTE/USDT: 0.756 CANTO per block (-10%)

  • cUSDC: 0.203 CANTO per block (-10%)

  • cUSDT: 0.203 CANTO per block (-10%)

If passed, security emissions will be 4.284 CANTO per block (-10%).

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