NEAR Issuance Cut Vote – Can Small Validators Absorb It?

Key Takeaways HSP-029 would lower maximum issuance to 1.6% Staking yield could fall to about 3.4% Model sees self-sufficient pools falling to 146 Validators must still adopt the protocol upgrade Voting on HSP-029 opened on October 20 in the House of Stake, NEAR’s governance system, and the change needs a supermajority to pass. Votes in the House of Stake are weighted by NEAR locked as veNEAR. The proposal’s author, Sal Ternullo, is CEO of SVRN (OceanPal Inc., Nasdaq: SVRN). The company discloses holding about 55 million NEAR, more than 90% of it staked.

Source: Coindoo