Proposed NEAR token issuance cut would lower annual cap to 1.6%
AI Market Summary
NEAR governance proposal HSP-029 would cut maximum annual issuance from 2.5% to 1.6% over 24 months, reducing dilution and projected supply by 4.36% after six years. The trade-off is lower gross staking yield, from 5.268% to 3.372%. The change is positive for long-term holders via scarcity but may weaken staking demand; impact remains contingent on approval and implementation.
Impact level
● Medium
Affected assets
NEAR/USDT-6.39%
AI Insight · NEAR/USDTAI Insight
▲ Bullish
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HSP-029 would lower NEAR’s annual issuance cap from 2.5% to 1.6% over 24 months. The proposal would result in 66.1 million fewer NEAR issued over six years. Staking yields could decline.
