The Security Council has 3 days left to veto; otherwise, it will take effect automatically after November 16.
NEAR governance has approved a proposal to lower the annual issuance cap from 2.5% to 1.6% over two years. The change still requires a software upgrade and adoption by validators.
$NEAR contract is up 6.16% over 24h, currently priced at 3.602, with a trading volume of 401 million U.
Open interest rose from 49.12 million tokens to 49.76 million tokens over 24h, with its value increasing from $167 million to $176 million.
The long/short account ratio is 1.25, with about 55% of accounts positioned long. The funding rate is 0.01%.
Key levels: resistance at 3.627, support at 3.547, invalidation at 3.260.
A move above 3.627 points to 3.815; a drop below 3.547 would weaken the structure.
#IssuanceCap
NEAR governance has approved a proposal to lower the annual issuance cap from 2.5% to 1.6% over two years. The change still requires a software upgrade and adoption by validators.
$NEAR contract is up 6.16% over 24h, currently priced at 3.602, with a trading volume of 401 million U.
Open interest rose from 49.12 million tokens to 49.76 million tokens over 24h, with its value increasing from $167 million to $176 million.
The long/short account ratio is 1.25, with about 55% of accounts positioned long. The funding rate is 0.01%.
Key levels: resistance at 3.627, support at 3.547, invalidation at 3.260.
A move above 3.627 points to 3.815; a drop below 3.547 would weaken the structure.
#IssuanceCap
