Canto plans to submit a new proposal to "reduce security emissions and liquidity mining incentives by 10%."

2024-01-17 10:46:05
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ChainCatcher news, the public chain Canto announced plans to submit three governance proposals, which, if passed, will implement the following measures:

  1. Reduce the new liquidity mining incentives by 10%;
  2. Fund liquidity mining incentives for the next period;
  3. Reduce the security issuance by 10%.

After the proposals are approved, liquidity mining rewards will be adjusted, including trading pairs such as CANTO/NOTE, ETH/CANTO, ATOM/CANTO, etc. The security issuance will also be reduced to 2.248 CANTO per block. In addition, a portion of the Ambient Finance emissions will be redirected to the newly created NOTE/USDC pool.

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