Ronin plans to reduce rewards for Katana liquidity mining program
The Ronin project plans to adjust the rewards for the Katana liquidity mining program. Over the past few months, the average annualized yield of the Katana liquidity pool has increased from about 20% to 70%, but the total amount of pooled tokens has not increased in proportion to the RON price, which may mean that the rewards are too high. Therefore, starting from the end of February, the rewards will be gradually reduced. This measure is expected to reduce the issuance of about 5.4 million RON per quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Classic ($ETC) Eyes a 510% Breakout Rally
Ethereum Classic could surge over 510% to $127.65 as a major breakout pattern emerges.Why the $127.65 Target MattersShould You Pay Attention?
Doginme Made Early Buyers Rich—Now Arctic Pablo Coin Is Leading the Next Meme Coin Gold Rush
While Doginme showed how fast gains can arrive in meme markets, Arctic Pablo Coin is showing how they can be structured, incentivized, and sustainable.Doginme: The Meme Token That Ran With the Big DogsArctic Pablo Coin’s 66% APY: The Meme Coin Presale With Real UtilityIceberg Isle and the Numbers That Matter: $0.000125 Entry, 6,300% ROIArctic Pablo Coin Is Built for the Long Run: Why It Belongs Among the Top New Meme Coins for Exponential Returns
Goldman Sachs Increases Bitcoin ETF Holdings, Surpasses BlackRock
Ethereum’s Rise to $2.5K Sparks Renewed Altcoin Interest
Trending news
MoreCrypto prices
More
