Proposals Call To Reduce LM Incentives by ~10%

Three separate governance proposals will be submitted at 11:30 AM ET on Monday, September 11 with the following outcomes if passed:

• Set new liquidity mining incentives to be reduced by 10%

• Fund liquidity mining incentives for the next period

• Reduce security emissions by exactly 10%

The proposals will take effect immediately upon passing. If passed, the liquidity mining rewards will be:

• CANTO/NOTE:

  8.491 CANTO per block (-10%)

• ETH/CANTO: 3.429 CANTO per block (-10%)

• ATOM/CANTO: 3.429 CANTO per block (-10%)

• NOTE/USDC: 0.612 CANTO per block (-10%)

• NOTE/USDT: 0.612 CANTO per block (-10%)

• cUSDC: 0.164 CANTO per block (-10%)

• cUSDT: 0.164 CANTO per block (-10%)

If passed, security emissions will be 3.470 CANTO per block (-10%).