🚨 NEAR is up nearly 10%. But the more interesting story may be its proposed change to token issuance.
#nearrisesnearly10%
Two developments deserve attention.
On October 14, Mert Mumtaz, CEO of Solana infrastructure firm Helius, joined the NEAR Foundation Council.
Separately, a governance proposal seeks to gradually reduce NEAR's maximum annual issuance from 2.5% to 1.6% over 24 months.
But there's a catch.
The proposal remains in Draft status. It hasn't become an implemented protocol change.
And lower issuance isn't a free win for everyone: it could reduce dilution for non-stakers while lowering the nominal rewards available to stakers.
That creates a genuine economic trade-off.
NEAR needs to demonstrate that ecosystem demand and network revenue can support its security without relying indefinitely on the same level of token issuance.
The appointment is confirmed. The monetary-policy change still needs approval.
Is the market pricing a stronger NEAR ecosystem—or getting ahead of a tokenomics reform that hasn't been implemented?
Not financial advice.
$NEAR
#nearprotocol #OctoberFedHikeOddsFallToAround17% #AIAndSemiconductorStocksLoseOver$1TThisWeek #Stinkmeanerinsights
#nearrisesnearly10%
Two developments deserve attention.
On October 14, Mert Mumtaz, CEO of Solana infrastructure firm Helius, joined the NEAR Foundation Council.
Separately, a governance proposal seeks to gradually reduce NEAR's maximum annual issuance from 2.5% to 1.6% over 24 months.
But there's a catch.
The proposal remains in Draft status. It hasn't become an implemented protocol change.
And lower issuance isn't a free win for everyone: it could reduce dilution for non-stakers while lowering the nominal rewards available to stakers.
That creates a genuine economic trade-off.
NEAR needs to demonstrate that ecosystem demand and network revenue can support its security without relying indefinitely on the same level of token issuance.
The appointment is confirmed. The monetary-policy change still needs approval.
Is the market pricing a stronger NEAR ecosystem—or getting ahead of a tokenomics reform that hasn't been implemented?
Not financial advice.
$NEAR
#nearprotocol #OctoberFedHikeOddsFallToAround17% #AIAndSemiconductorStocksLoseOver$1TThisWeek #Stinkmeanerinsights