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Ronin plans to reduce rewards for Katana liquidity mining program

CointimeCointime2024/02/16 01:14
By:Cointime

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.

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