House of Stake is cutting NEAR’s annual issuance cap from 2.5% to 1.6%, and the on-chain vote was overwhelmingly in favor. The official account also laid out the timeline: the reduction will be phased in over 24 months, not implemented all at once tonight.
A passed vote doesn’t mean the rules are already in effect. It still needs to clear the Security Council window, followed by an upgrade from the majority of validators. If things stall along the way, the figure remains just a proposal. Lower issuance sounds good for holders, but the opposing view is that staking rewards will fall too. In the short term, this looks more like a liquidity drain than an immediate reduction in dilution.
If the Security Council vetoes it within two weeks, or validators are slow to reach the required upgrade threshold, treat this as sentiment-driven news—not as a change to the supply curve. Snapshot at around 08:02 Beijing time: spot price around $3.87, down about 10% over 24 hours. The token price has already softened considerably, so watch for implementation progress before deciding whether the narrative has found support.
$NEAR
#NEAR #Tokenomics #cryptocurrency
A passed vote doesn’t mean the rules are already in effect. It still needs to clear the Security Council window, followed by an upgrade from the majority of validators. If things stall along the way, the figure remains just a proposal. Lower issuance sounds good for holders, but the opposing view is that staking rewards will fall too. In the short term, this looks more like a liquidity drain than an immediate reduction in dilution.
If the Security Council vetoes it within two weeks, or validators are slow to reach the required upgrade threshold, treat this as sentiment-driven news—not as a change to the supply curve. Snapshot at around 08:02 Beijing time: spot price around $3.87, down about 10% over 24 hours. The token price has already softened considerably, so watch for implementation progress before deciding whether the narrative has found support.
$NEAR
#NEAR #Tokenomics #cryptocurrency
