Proposed NEAR token issuance cut would lower annual cap to 1.6%

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.