TechFlow reports that Canto, a public blockchain in the Cosmos ecosystem, has proposed a new proposal. The proposal plans to reduce liquidity mining rewards by 10% and decrease security emissions by 10%, while also allocating funds to support liquidity mining incentives for the next cycle.
If approved, liquidity mining rewards will be adjusted accordingly. Specifically, block rewards for CANTO/NOTE, ETH/CANTO, ATOM/CANTO, NOTE/USDC, NOTE/USDT, cUSDC, and cUSDT will each be reduced by 10%. Security emissions will be lowered to 4.284 CANTO per block (a 10% reduction). Note that the voting deadline for this proposal is 23:00 Beijing time on June 12—please follow updates closely.
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