NEAR proposal would cut token issuance by 36% and split validators
NEAR validators are divided over HSP-029, a proposal that would gradually reduce the annual issuance cap by 36%. Tokens that are bought and held or staked would still count toward total supply. For traders, the outcome could change how new NEAR supply enters the market.
Why it matters
- The proposal would gradually lower the annual token issuance cap by 36%.
- Tokens bought and held or staked would remain in total supply.
- Validators are split on the change, so the outcome is still uncertain.
What to watch next
Watch for the decision on HSP-029 and how NEAR validators vote on the proposal.
