NEAR’s HSP-029 has been approved by the House of Stake. It proposes lowering the annual issuance cap from 2.5% to 1.6% over 24 months. But passing a vote doesn’t mean the supply rules change today.
What’s worth watching this time is the implementation progress—not counting the target reduction into the current supply just yet. The proposal still needs to be reviewed by the Security Committee, go through a 90-day grace period, and be activated after validators upgrade. If any step isn’t completed, 1.6% remains only a target cap.
Meanwhile, NEAR appeared among the top 10 cryptocurrencies by trading volume on centralized exchanges, with a 24-hour gain of 0.54%. This snapshot shows it remains on the market’s radar, but doesn’t prove that the market has already priced in an adjustment to issuance.
Next, watch for the review outcome and validator upgrades. If implementation proceeds smoothly, should the market price in the supply change ahead of time, or wait until the rules actually take effect?
What’s worth watching this time is the implementation progress—not counting the target reduction into the current supply just yet. The proposal still needs to be reviewed by the Security Committee, go through a 90-day grace period, and be activated after validators upgrade. If any step isn’t completed, 1.6% remains only a target cap.
Meanwhile, NEAR appeared among the top 10 cryptocurrencies by trading volume on centralized exchanges, with a 24-hour gain of 0.54%. This snapshot shows it remains on the market’s radar, but doesn’t prove that the market has already priced in an adjustment to issuance.
Next, watch for the review outcome and validator upgrades. If implementation proceeds smoothly, should the market price in the supply change ahead of time, or wait until the rules actually take effect?