NEAR governance passes proposal to lower token issuance cap to 1.6% - Hongkong Web3 Media

NEAR governance passes proposal to lower token issuance cap to 1.6% - Hongkong Web3 Media

NEAR governance passes proposal to lower token issuance cap to 1.6%

Newsflash · 2026/11/03 03:43

Techub News reports that NEAR community governance has voted to pass a proposal to reduce the annual issuance cap of the NEAR token from the current 5% to 1.6%. The adjustment will be implemented in phases over 24 months, and this move will reduce network staking rewards. The proposal still requires approval from the NEAR Security Council and must be finally activated by validators through a protocol upgrade. (The Defiant)

Web3 NEAR Validator Security Protocol Filecoin Staking Rewards

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Newsflash

NEAR governance passes proposal to lower token issuance cap to 1.6%

TECHUB NEWS2026/11/03 03:43

Techub News reports that NEAR community governance has voted to pass a proposal to reduce the annual issuance cap of the NEAR token from the current 5% to 1.6%. The adjustment will be implemented in phases over 24 months, and this move will reduce network staking rewards. The proposal still requires approval from the NEAR Security Council and must be finally activated by validators through a protocol upgrade. (The Defiant)