NEAR Governance Approves Plan to Cut Annual Issuance Ceiling to 1.6%
NEAR Protocol’s House of Stake approved HSP-029, lowering the network’s maximum annual issuance rate from 2.5% to 1.6% over 24 months. The proposal passed Monday; the existing 90/10 split of newly issued tokens remains.
NEAR Protocol's House of Stake governance body has approved a proposal to lower the network's maximum annual issuance rate from 2.5% to 1.6% over 24 months.HSP-029, which passed the ballot on Monday with overwhelming support, retains the existing 90/10 split of newly issued tokens between staking p…