Blockchain

NEAR Governance Approves Plan to Lower Issuance Cap to 1.6%

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 02/11/2026, 19:42:25 UTC.

Briefings

A 24-month reduction in issuance cap was proposed by NEAR Governance, potentially lowering staking rewards. However, the plan faces two major hurdles: Security Council ratification and a required validator-adopted protocol upgrade, which currently prevent activation. The article was published on November 2, 2026, and the evidence is limited to the proposal details and the two stated blockers.

Key points

• A 24-month reduction in issuance cap was proposed by NEAR Governance, potentially lowering staking rewards.
• The plan faces two major hurdles: Security Council ratification and a required validator-adopted protocol upgrade.

Context

NEAR Governance is a decentralized protocol where governance decisions are made by a council. The specific proposal involves reducing the issuance cap, a key metric for staking rewards. The article notes that while the proposal exists, it is not yet activated due to external governance requirements.

Limitations

Evidence is limited to the proposal details and two stated blockers. No specific dates for council ratification or validator upgrade adoption are provided. No public consequences or financial impact figures are included in the source text.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 03/11/2026, 04:00:43 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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