NEAR Wants to Cut Token Inflation by 36% โ Holders Are Watching ๐
$NEAR Protocol is moving toward a major tokenomics change. A new governance proposal submitted on October 19 would gradually reduce annual token issuance from 2.5% to 1.6% over 24 months. If implemented, the change could keep roughly 66 million NEAR from being newly issued over six years. ๐ฅ
The trade-off? Lower issuance could reduce dilution for existing holders, but staking rewards may also fall from around 5.4% to roughly 3.5%. The proposal preserves the existing 90/10 split between stakers and the treasury, while a separate idea to eventually stop new issuance remains a longer-term discussionโnot part of this vote.
This is still a proposal, not an implemented change. If approved, it could reshape NEARโs supply dynamics over time. Would you prefer lower token inflation or higher staking rewards? ๐#NEAROpensVoteToCutAnnualIssuanceTo1.6%
$NEAR Protocol is moving toward a major tokenomics change. A new governance proposal submitted on October 19 would gradually reduce annual token issuance from 2.5% to 1.6% over 24 months. If implemented, the change could keep roughly 66 million NEAR from being newly issued over six years. ๐ฅ
The trade-off? Lower issuance could reduce dilution for existing holders, but staking rewards may also fall from around 5.4% to roughly 3.5%. The proposal preserves the existing 90/10 split between stakers and the treasury, while a separate idea to eventually stop new issuance remains a longer-term discussionโnot part of this vote.
This is still a proposal, not an implemented change. If approved, it could reshape NEARโs supply dynamics over time. Would you prefer lower token inflation or higher staking rewards? ๐#NEAROpensVoteToCutAnnualIssuanceTo1.6%