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ZEC $1,154.34 -7.51%
BTC $79,182.50 -0.95%
ETH $2,491.98 -0.73%
BNB $739.44 -1.74%
XRP $1.40 -2.06%
SOL $103.88 -1.97%
TRX $0.3345 -0.41%
DOGE $0.0903 -0.34%
ADA $0.2202 -0.71%
BCH $260.89 +0.54%
LINK $12.76 -1.72%
HYPE $85.20 -2.98%
AAVE $132.16 -1.88%
SUI $0.8251 +1.32%
XLM $0.1930 +3.53%
ZEC $1,154.34 -7.51%

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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