Canto’s new proposal plans to reduce liquidity mining incentives by 10%

Cosmos ecological public chain Canto plans to submit three governance proposals today. If the proposal is passed, the following measures will be implemented by Canto: a 10% reduction in new liquidity mining incentives; funding for liquidity mining incentives for the next period; a 10% reduction in secure issuance. The proposal will take effect immediately after it is passed.

In addition, the liquidity mining rewards for multiple trading pairs will be adjusted accordingly, and the secure issuance will be 2.248 CANTO per block.