Blockchain

NEAR Opens Vote to Cut Token Issuance to 1.6%

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 20/10/2026, 21:42:24 UTC.

Briefings

The NEAR Protocol (HSP-029) proposes reducing token issuance to 1.6% over 24 months following a 90-day grace period, pending validator network upgrades. This proposal aims to stabilize supply but faces significant technical hurdles requiring separate implementation.

Key points

• The NEAR Protocol (HSP-029) proposes reducing token issuance to 1.6% over 24 months after a 90-day grace period.
• Validators must separately adopt a network upgrade to implement the proposed issuance reduction.

Context

This proposal represents a potential supply-side adjustment for the NEAR Protocol, though it remains unimplemented as validators require additional network upgrades.

Limitations

Evidence is limited to a single proposal; implementation requires separate validator upgrades and is not yet active.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 20/10/2026, 21:49:04 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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