🚨 NEAR HAS A BIG PROTOCOL CHANGE COMING
NEAR’s next major protocol release is getting closer.
A recently approved governance change will remove the 30% developer gas rebate, meaning execution fees that were previously redirected as rewards will instead be burned at the protocol level.
The implementation is already merged, with the change currently targeted for the NEAR 2.14 mainnet release around October 5.
And NEAR is also previewing SPICE, a major architectural upgrade separating consensus from execution to improve how the network scales.
Two very different upgrades — token economics and core infrastructure — are moving at the same time.
🚨 NEAR UPDATE: A major fee-burning change and a new protocol architecture are both approaching. Click the $NEAR setup below 🫵🏻 and check the latest ecosystem developments.
$NEAR
.
.
.
#NEAR #Crypto #Write2Earn
NEAR’s next major protocol release is getting closer.
A recently approved governance change will remove the 30% developer gas rebate, meaning execution fees that were previously redirected as rewards will instead be burned at the protocol level.
The implementation is already merged, with the change currently targeted for the NEAR 2.14 mainnet release around October 5.
And NEAR is also previewing SPICE, a major architectural upgrade separating consensus from execution to improve how the network scales.
Two very different upgrades — token economics and core infrastructure — are moving at the same time.
🚨 NEAR UPDATE: A major fee-burning change and a new protocol architecture are both approaching. Click the $NEAR setup below 🫵🏻 and check the latest ecosystem developments.
$NEAR
.
.
.
#NEAR #Crypto #Write2Earn
