✔ VERIFIED First reported by The Defiant · Nov 2, 19:37 UTC · updated Nov 3, 09:19 UTC

NEAR governance approves proposal to cut token issuance ceiling to 1.6%

NEAR's House of Stake passed HSP-029, which lowers the network's maximum annual issuance rate from 2.5% to 1.6% over 24 months.

Common to all reports: NEAR · 1.6

Confirmed by 3 sources

The Defiant (crypto newsroom · US) · Nov 2, 19:37 UTC · read at the source
Crypto Briefing (crypto newsroom · US) · Nov 3, 04:34 UTC · read at the source
The Block (crypto newsroom · US) · Nov 3, 09:19 UTC · read at the source

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Tags: Markets

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