NEAR Protocol weighs governance proposal to reduce token issuance to 1.6%
NEAR Protocol is considering a governance proposal to lower its token issuance from 2.5% to 1.6% over 24 months, with an ultimate goal of establishing a fixed total supply.
NEAR Protocol is evaluating a new governance proposal that would reduce token issuance from 2.5% to 1.6% over a 24-month period, according to reports from Cointelegraph and CoinGape. In addition to the gradual issuance cut, the proposal outlines a longer-term objective of transitioning the network toward a fixed total supply.[1][3]
According to Crypto Briefing, lowering token issuance could help stabilize the value of NEAR. However, the publication reported that the adjustment could also diminish staking appeal, which may negatively influence the network's competitiveness and reduce treasury funding.[2]
Key facts
- NEAR Protocol is considering a governance proposal to cut token issuance from 2.5% to 1.6% over 24 months.
- The proposal outlines a longer-term path toward establishing a fixed total supply for NEAR.
- Reducing token issuance could stabilize NEAR's value, according to Crypto Briefing.
- Crypto Briefing reported that lowering issuance may reduce staking appeal, impacting network competitiveness and treasury funding.
Sources · 3 sources
- CO
Cointelegraph@CointelegraphPost on X ·
⚡️ LATEST: NEAR Protocol weighs a new governance proposal to cut token issuance from 2.5% to 1.6% over 24 months, with a long-term path toward a fixed total supply. https://t.co/lFEaFF1NVh
Open source - CB
Crypto BriefingArticle ·
NEAR Protocol weighs proposal to cut token issuance to 1.6% over two years Reducing NEAR's token issuance could stabilize its value but may lower staking appeal, impacting network competitiveness and treasury funding. The post NEAR Protocol weighs proposal to cut token issuance to 1.6% over two years appeared first on Crypto Briefing .
Open source - CO
CoinGape@CoinGapeMediaPost on X ·
⚡️ LATEST: @NEARProtocol is considering a new governance proposal to reduce annual token issuance from 2.5% to 1.6% over 24 months, with a longer-term goal of moving toward a fixed total supply. https://t.co/cU1iN8aXT2
Open source