Three separate governance proposals will be submitted at 10:30 AM ET on Wednesday, January 17 with the following outcomes if passed:
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Set new liquidity mining incentives to be reduced by 10%
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Fund liquidity mining incentives for the next period
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Reduce security emissions by exactly 10%
The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:
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CANTO/NOTE: 4.952 CANTO per block
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ETH/CANTO: 1.999 CANTO per block
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ATOM/CANTO: 1.999 CANTO per block
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NOTE/USDC: 0.357 CANTO per block
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NOTE/USDT: 0.357 CANTO per block
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cUSDC: 0.118 CANTO per block
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cUSDT: 0.118 CANTO per block
If passed, security emissions will be 2.248 CANTO per block.
Additionally, half of the Ambient Finance emissions for the cNOTE/USDC pool will be redirected to a newly-created NOTE/USDC pool:
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cNOTE/USDC: 0.225
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NOTE/USDC: 0.225