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ETH $1,878.82 -0.43%
BNB $606.11 -0.65%
XRP $0.9975 -1.07%
SOL $75.09 -1.43%
TRX $0.3325 -0.40%
DOGE $0.0697 -0.59%
ADA $0.1792 -1.48%
BCH $203.69 -0.86%
LINK $8.97 +1.44%
HYPE $55.60 -3.34%
AAVE $85.73 -2.91%
SUI $0.6777 -1.20%
XLM $0.1584 -0.68%
ZEC $491.59 +1.26%

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

2024-01-17 10:46:05

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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