A governance proposal will be submitted at 11:30 AM ET on Thursday, October 19 with the following outcome if passed:

• Fund liquidity mining incentives for Ambient Finance on Canto

The liquidity mining reward for in-range (±50 ticks) cNOTE/USDC liquidity on Ambient Finance is initially set to 0.55 CANTO per block.

If passed, this proposal will fund one month of rewards, including rewards for the first one-week epoch, which began shortly after Ambient’s deployment on Canto.