NEAR Protocol's House of Stake governance body has voted to reduce the maximum annual token issuance from 2.5% to 1.6%. The change will roll out gradually over two years following a 90-day waiting period. The proposal still requires Security Council review and validator adoption before implementation.
The reduction would cut gross staking yields from roughly 5.3% to 3.4% while lowering dilution for non-staking holders. Over two years, approximately 11.8 million fewer NEAR tokens would be minted compared to current rates. Validators must individually adopt the protocol upgrade for the new issuance rate to take effect.
Read the full story on BSC News: NEAR Protocol House of Stake Approves Cut to Maximum Annual NEAR Issuance to 1.6%
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