# Incentives ## Incentive emission rates Incentive emission rates govern the amount of NOTE incentives distributed annually to nToken holders of a specific currency. Incentive emission rates are controlled by Notional's governance and are used to ensure markets are sufficiently liquid for fCash borrowers to interact with the protocol in a capital-efficient manner. ### Parameter selection considerations In practice, the optimal amount of NOTE incentives allocated to a given currency can be estimated based on how much slippage Notional's governance wants borrowers and lenders to experience for a given trade size. For example, if governance wants users to be able to trade $1M of 3M fUSDC with 0.2% slippage, then based on fUSDC's 3M interest rate model, it can compute how much liquidity that fCash market needs to have. Based on that amount of liquidity, it can estimate the returns nTokens holders (LPs) will require to attract the appropriate amount of liquidity. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.notional.finance/v3-risk-parameters/ntokens-lp/incentives.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.