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

NewsFeeds update

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. It estimates about 11.8m fewer NEAR issued over two years and staking yields falling from 5.268% to 3.372%.

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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.

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  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%

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