Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards

Australia News News

Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards
Australia Latest News,Australia Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

If passed, the mining incentives for each liquidity pool on $CANTO will be reduced on average by roughly 38%, and data-block rewards known as 'security emissions' would decrease by 15%. reports

they were now “looking to optimize the long-term sustainability of Canto’s incentives program.”

The recent governance proposals, set to go live on May 11, represent another step to slow down block rewards or “security emissions” as well as liquidity mining rewards across the board. “In order to maintain the security of the Canto network, the total max supply of $CANTO inflates over time at a rate that is constantly decreasing,” according toSecurity emissions are block rewards given to stakers for securing the network, while liquidity mining incentives are awarded to users who provide liquidity for various crypto pools on Canto.

The native token for the Canto blockchain used to pay gas fees - CANTO - has decreased 2.6% in the past 24 hours to 22 cents at press time, per

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pepe memecoin's 38% slide leaves whale nursing $500,000 paper lossPepe memecoin's 38% slide leaves whale nursing $500,000 paper lossThe upstart pepe token has slipped 38% from Friday's peak price, according to Coingecko data.
Read more »

15-Month-Old Critical After Gunman Fires From Outside NY Home in Triple Shooting: Cops15-Month-Old Critical After Gunman Fires From Outside NY Home in Triple Shooting: CopsA 15-month-old boy was airlifted to a New York hospital in critical condition after a gunman opened fire outside a home late Friday, local police say. The boy and two adults were found with gunshot wounds around 10 p.m. at a residence on Holmes Street in the Village of Monticello, roughly two hours north of New York City. Police were…
Read more »

Police: 3 shot, including 15-month-old toddler, in Monticello, N.Y.Police: 3 shot, including 15-month-old toddler, in Monticello, N.Y.A shocking shooting in Sullivan County injured three people, including a 15-month-old toddler. naveencbs2ny spoke with concerned neighbors in Monticello.
Read more »

Image posted by leaker shows 'iPhone 15 Pro Max is destined to be a super flagship'Image posted by leaker shows 'iPhone 15 Pro Max is destined to be a super flagship'The iPhone 15 Pro Max could have the slimmest bezels of them all.
Read more »



Render Time: 2025-02-28 13:38:10