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NEAR governance cuts max annual token issuance from 2.5% to 1.6%, lowering staking rewards.

Protocol Fundamentals
03 Nov 2026, 01:23 WIB
Tokenpost
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NEAR governance cuts max annual token issuance from 2.5% to 1.6%, lowering staking rewards.

NEAR governance approved a plan to reduce the maximum annual issuance of the NEAR token from 2.5% to 1.6%. This change aims to slow the rate at which new tokens enter circulation, potentially impacting staking rewards by lowering them. The plan includes a 90-day grace period after approval, followed by a 24-month phased reduction contingent on validator adoption of a protocol upgrade. This move reflects efforts to manage token supply and incentivize network participation carefully.

NEAR Protocol’s token price is currently Rp69.696 on Pluang as of Nov 03, 2026 06:33 WIB, down 9.09% in one day. This decline contrasts with the ongoing governance decision to reduce annual issuance from 2.5% to 1.6%, which may affect token supply dynamics over time. NEAR’s market cap stands at Rp91,93 trillion with a balanced Pluang order activity of 49% sell and 51% buy, reflecting cautious investor sentiment amid these changes.

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