NEAR proposed changing tokenomics

SVRN company CEO Sal Ternullo suggested that the NEAR community reduce the maximum annual issuance from 2.5% to 1.6% over the next two years.

There will be fewer new tokens, and owners’ shares will be diluted more slowly. The downside is that, according to the author’s calculations, staking profitability will drop from about 5.4% to 3.5%.

In the longer term, Ternullo proposes to completely stop issuing new NEAR.

The first proposal is planned to be put to a vote next week, after which validator approval will be required.
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