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#Token Issuance

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NEAR Protocol Drops Out of Top 20 Cryptocurrencies Following 9% Decline
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NEAR Protocol Drops Out of Top 20 Cryptocurrencies Following 9% Decline

Key Highlights: NEAR’s market capitalization has tumbled to approximately $4.87 billion, pushing the token to 21st place and out of the top 20 crypto assets. The decline follows an overwhelming 99.9% approval of governance proposal HSP-029, which will reduce maximum annual token issuance from 2.5% to 1.6% over two years. Broader market deleveraging and a ...

NEAR Opens Vote to Cut Token Issuance to 1.6%
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NEAR Opens Vote to Cut Token Issuance to 1.6%

Key Highlights The NEAR Protocol proposal would lower token issuance from 2.5% to 1.6% over 24 months through gradual epoch-level reductions. Non-staking holders would face slower dilution, while stakers would receive fewer new tokens and validators would collect lower commission revenue. HSP-029 retains a separate validator-adoption requirement and calls for quarterly reports on actual issuance ...