Ronin plans to reduce Katana liquidity mining plan rewards, which will reduce the quarterly release of 5.4 million RON in the first phase

According to official news from Odaily, Ronin plans to adjust the rewards of Katana’s liquidity mining plan. The Katana liquidity pool’s average annualized yield has increased from approximately 20% to 70% over the past few months, but the total pool token volume 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, Ronin will gradually reduce rewards. According to the current emission rate of Katana, approximately 10.9 million RON will be released every quarter. The implementation of the first phase of the reward adjustment plan alone can reduce the release of more than 60,000 RON per day, which is equivalent to reducing the release of 5.4 million RON per quarter.