Three separate governance proposals will be submitted at 11 AM EST on Thursday, May 11 with the following outcomes if passed:
-
Set new liquidity mining incentives to be reduced by ~38% on average
-
Fund liquidity mining incentives for the next period
-
Reduce security emissions by exactly 15%
The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:
-
CANTO/NOTE: 11.648 CANTO per block (-35%)
-
ETH/CANTO: 4.704 CANTO per block (-40%)
-
ATOM/CANTO: 4.704 CANTO per block (-40%)
-
NOTE/USDC: 0.84 CANTO per block (-50%)
-
NOTE/USDT: 0.84 CANTO per block (-50%)
-
cUSDC: 0.225 CANTO per block (-25%)
-
cUSDT: 0.225 CANTO per block (-25%)
If passed, security emissions will be 4.76 CANTO per block (-15%).