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NEAR Governance Votes to Lower Token Issuance Cap to 1.6%
(1 day ago) · 1 source · Summarized by CryptoBipto
The NEAR Protocol governance process has approved a plan to reduce the network's token issuance cap to 1.6%. This change would lower the rate at which new NEAR tokens are created, reducing the overall inflation of the token supply.
WHY IT MATTERS
Every blockchain network needs to decide how many new tokens to create over time.
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SOURCES
- thedefiant.io
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NEARToken IssuanceGovernanceInflationNEAR Protocol