NEAR is lowering its maximum annual issuance rate from 2.5% to 1.6% following the approval of proposal HSP-029. This reduction will roll out over a 24-month transition period to manage the shift in network economics. For those holding $NEAR , this change directly reduces the pace at which new supply enters the market and dilutes current holders. My read is that this move prioritizes long-term scarcity over aggressive validator subsidies, which tests whether the network can maintain security with lower rewards. Do you prefer a chain that aggressively subsidizes its security or one that cuts inflation early to protect holders?

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