Three separate governance proposals will be submitted at 11 AM EST on Thursday, May 11 with the following outcomes if passed:

• Set new liquidity mining incentives to be reduced by ~38% on average

• Fund liquidity mining incentives for the next period

• Reduce security emissions by exactly 15%

The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:

• CANTO/NOTE: 11.648 CANTO per block (-35%)

• ETH/CANTO: 4.704 CANTO per block (-40%)

• ATOM/CANTO: 4.704 CANTO per block (-40%)

• NOTE/USDC: 0.84 CANTO per block (-50%)

• NOTE/USDT: 0.84 CANTO per block (-50%)

• cUSDC: 0.225 CANTO per block (-25%)

• cUSDT: 0.225 CANTO per block (-25%)

If passed, security emissions will be 4.76 CANTO per block (-15%).