Technology1 source
NEAR governance approves proposal to cut token issuance ceiling to 1.6%
Headline from The Block
Key points
- Governance members of the NEAR protocol have officially approved proposal HSP-029 through the House of Stake.
- The decision reduces the blockchain network's maximum annual token issuance ceiling from 2.5% down to 1.6%.
- This planned reduction in token creation will be implemented gradually over a total timeline of 24 months across the ecosystem.
Summarized automatically by Kryptokite from reporting by The Block. Read the original sources for full detail.
Coins mentioned
Sources
- The BlockNEAR governance approves proposal to cut token issuance ceiling to 1.6% · 2 hours agoRead on The Block
Story timeline
- U.Today1 min read
Near Protocol (NEAR) Super-Rally Is Over: Almost 50% Is Gone
- Crypto Briefing1 min read
NEAR Protocol approves cut to max annual issuance from 2.5% to 1.6%
- U.Today1 min read
Near Protocol (NEAR), XRP, Zcash (ZEC) and Shiba Inu (SHIB) Price Analysis for November 3: Is Recovery Still Possible?
- The Defiant1 min read
NEAR Governance Approves Plan to Lower Issuance Cap to 1.6%
- CryptoSlate1 min read
BNB’s $99 million ETF inflows came almost entirely before Binance’s hack
Share
Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.