Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

NEAR's House of Stake votes to cut maximum annual issuance to 1.6%

NewsFeeds update

NEAR Protocol's on-chain governance body House of Stake has passed proposal HSP-029, proposed by SVRN's Sal Ternullo, cutting the maximum annual issuance rate from 2.5% to 1.6% in stages over 24 months. The 90% staking and 10% treasury split is unchanged.

AltcoinsChainCatcherAIBullish

Read the original on ChainCatcher

The story so far: NEAR issuance rate cut proposal

NEAR's governance proposal HSP-029, from SVRN chief executive Sal Ternullo, would cut the maximum annual issuance rate from 2.5% to 1.6% linearly over 24 months, keeping a 90/10 staker-treasury split. The House of Stake has now passed HSP-029, phasing the cut over 24 months with the 90/10 split unchanged.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. NEAR proposal to cut issuance rate to 1.6% over 24 months goes to vote

  2. NEAR's House of Stake votes to cut maximum annual issuance to 1.6%

More Altcoins updates

  1. Trader shorting HYPE from $28.79 is $20.9m down, Onchain Lens says

    AltcoinsOdailyAIBearish

  2. Suspected hacker sells 1,670 ETH for 2,959 ZEC, Lookonchain says

    AltcoinsOdailyAIBearish

  3. Hyperliquid whale with $145m position ranks in 24-hour profit top five

    AltcoinsOdailyAINeutral

Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.