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

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

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