Canto plans to submit a new proposal to "reduce security emissions and liquidity mining incentives by 10%."
ChainCatcher news, the public chain Canto announced plans to submit three governance proposals, which, if passed, will implement the following measures:Reduce the new liquidity mining incentives by 10%;Fund liquidity mining incentives for the next period;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.