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NEAR Plans to Cut Annual Token Emissions by 36%

NEAR to cut token emissions by 36%

NEAR Protocol governance participants have backed the initiative to gradually reduce the maximum annual token emission from 2.5% to 1.6% over the next 24 months.

This move will help reduce the number of newly issued tokens and ease inflationary pressure on the NEAR supply.

Emission cuts not yet in effect

  • The proposal must receive approval from the Security Council
  • Changes need to be implemented at the protocol level
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