NEAR Protocol Announces Governance Vote Result, Lowering
Photo: Coinfomania
NEAR Protocol's House of Stake has passed a proposal to lower annual issuance to 1.6%. This could enhance token value and transparency. The new rate of 1.6% will be implemented over the next 24 months. NEAR Protocol’s House of Stake has passed a significant governance proposal to lower the maximum annual issuance of NEAR tokens from 2.5% to 1.6%. This change, phased in over 24 months, reflects a commitment to evolving the platform’s economics transparently.
Source: Coinfomania
