CryptoThe Blockabout 1 hour ago
NEAR Governance Cuts Token Issuance to 1.6%
2 min read
NEAR Protocol's House of Stake governance body approved proposal HSP-029 on Monday to lower the network's maximum annual issuance rate from 2.5% to 1.6% over 24 months. This move aims to slow dilution and reduce long-term sell pressure for the NEAR token by adjusting the supply schedule.
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