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NEAR Governance Votes to Reduce Token Issuance Ceiling to 1.6%
(11 hours ago) · 1 source · Summarized by CryptoBipto
The NEAR Protocol governance process has approved a proposal to lower the maximum annual token issuance rate to 1.6%. This change reduces the rate at which new NEAR tokens can be created, effectively decreasing the protocol's inflation ceiling.
WHY IT MATTERS
Think of token issuance like a government printing new money.
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SOURCES
- theblock.co
RELATED
NEARNEAR ProtocolToken IssuanceBlockchain GovernanceInflationTokenomics
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