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NEAR Governance Approves Plan to Lower Issuance Cap to 1.6%

Published Source: The DefiantRead original

Crypto Insight Summary: The 24-month reduction would lower staking rewards, but Security Council ratification and a validator-adopted protocol upgrade still stand between the vote and activation. Crypto Insight Analysis: Direction: Bullish NEAR Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Lower issuance may support NEAR scarcity, but the plan still needs council and validator approval before activation.

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NEAR Governance Approves Plan to Lower Issuance Cap to 1.6% — Crypto Insight