⚡ $NEAR just approved a major issuance cut — but the trade-off deserves more attention
House of Stake passed HSP-029 with 99.96% support
The plan would gradually lower maximum annual issuance from 2.5% to 1.6% over 24 months
📉 The proposal models 11.8M fewer NEAR issued over two years
But lower dilution comes with a cost
At the modeled staking participation rate, gross staking yield could fall from 5.27% to 3.37%
Some smaller validators may also struggle to cover operating costs
⚠️ Nothing changes onchain immediately
Security Council review, a 90-day grace period and validator adoption are still required
Meanwhile, $NEAR Spot is down around 5% over 24 hours on Binance
A supply reduction isn't an automatic price catalyst
🔍 For holders, the real test is whether lower inflation improves token economics without weakening staking participation and network security
Fewer new tokens matter
So does who stops receiving them $NEAR
#Near #Tokenomics
House of Stake passed HSP-029 with 99.96% support
The plan would gradually lower maximum annual issuance from 2.5% to 1.6% over 24 months
📉 The proposal models 11.8M fewer NEAR issued over two years
But lower dilution comes with a cost
At the modeled staking participation rate, gross staking yield could fall from 5.27% to 3.37%
Some smaller validators may also struggle to cover operating costs
⚠️ Nothing changes onchain immediately
Security Council review, a 90-day grace period and validator adoption are still required
Meanwhile, $NEAR Spot is down around 5% over 24 hours on Binance
A supply reduction isn't an automatic price catalyst
🔍 For holders, the real test is whether lower inflation improves token economics without weakening staking participation and network security
Fewer new tokens matter
So does who stops receiving them $NEAR
#Near #Tokenomics
