# Poll: June 2021 Tinlake Liquidity Rewards Parameters Update

**URL:** <https://gov.centrifuge.io/t/poll-june-2021-tinlake-liquidity-rewards-parameters-update/2289>\
**Category:** Proposals\
**Tags:** poll\
**Created:** [June 7, 2021, 12:03am UTC](https://gov.centrifuge.io/t/poll-june-2021-tinlake-liquidity-rewards-parameters-update/2289 "2021-06-07T00:03:35Z")\
**Posts on this page:** 1\
**Showing post:** 16

<div class="post-metadata">

**Author:** ![cassidy](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/cassidy/32/1054_2.png) [@cassidy](https://gov.centrifuge.io/u/cassidy)\
**Post date:** [June 11, 2021, 10:50pm UTC](https://gov.centrifuge.io/t/poll-june-2021-tinlake-liquidity-rewards-parameters-update/2289/16 "2021-06-11T22:50:59Z")

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## Update: On-Chain Vote Now Live

The Tinlake Liquidity Rewards Parameters Update is now live for a Council vote on Centrifuge Chain.

You can find the vote here in the [Centrifuge Chain Portal](https://portal.chain.centrifuge.io/#/council/motions).

This vote includes 2 calls:

1. Mint 1M CFG to the Tinlake Liquidity Rewards wallet
2. Remark on-chain the hash of the above updated Parameters on IPFS  
[QmSyvbH3seZg5eyAHq4xasenQZLVHfYJpc8rvNFAwzfhfz](https://gateway.pinata.cloud/ipfs/QmSyvbH3seZg5eyAHq4xasenQZLVHfYJpc8rvNFAwzfhfz)

Text:

> 2021-06-10 Centrifuge Tinlake Rewards Update  
> By casting your vote on chain, you indicate your approval of changing the Tinlake Rewards on Centrifuge as follows:
> 
> 1. Mint 1’000’000 CFG into the rewards account
> 2. Lower the Liquidity Provider rewards from 0.0042 to 0.002 CFG per $ invested per day
> 3. Lower the Asset Originator rewards from 0.0017 to 0.001 CFG per $ invested per day
> 
> These values will be valid until governance proceeds with another vote.
> 
> References
> 
> 1. [Poll](https://gov.centrifuge.io/t/poll-june-2021-tinlake-liquidity-rewards-parameters-update/2289)
> 2. [RFC](https://gov.centrifuge.io/t/rfc-updating-cfg-liquidity-provider-ao-rewards/2241)

If approved by the Council, this proposal will be fast-tracked. This will give token holders 3 hours from the time of the fast-track to vote on this proposal.

We will post an update here when the vote is live on Centrifuge Chain.

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_[View the full topic](https://gov.centrifuge.io/t/poll-june-2021-tinlake-liquidity-rewards-parameters-update/2289)._