🚨 $NEAR Wants to Cut Token Issuance by 36%; But There's a Catch NEAR holders are facing a major decision: accept less token dilution, even if it means lower staking rewards? HSP-029 proposes reducing NEAR's maximum annual issuance from 2.5% to 1.6% over 24 months, while keeping the existing 90/10 reward split. The numbers are significant. According to the proposal's model, this change could prevent 11.8 million NEAR from entering circulation over two years and 66.1 million over six years compared with the current schedule. But there's another side to the story. At the measured staking participation rate of 42.71%, the model estimates gross staking yield could fall from approximately 5.27% to 3.37% once the reduction is complete. Smaller validators could also face pressure. The proposal estimates that 24 out of 405 validator pools may lose economic self-sufficiency under the new target. That's a risk the community cannot ignore. One important detail: this doesn't make NEAR deflationary or introduce a fixed supply. It gradually reduces the maximum rate of new issuance. Even if House of Stake approves it, validators must separately adopt the protocol upgrade. The vote is scheduled to close on November 2. So, what's more important for NEAR's future: reducing dilution for holders or maintaining attractive staking rewards and a healthy validator network? This could be one of the most important tokenomics decisions in NEAR's recent history. #Altcoin Season# #BTC Price Analysis# #Macro Insights#