NEAR issuance rate cut proposal
Story timeline · 2 updates, 20 Oct to 3 Nov 2026
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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