NEAR Protocol's House of Stake approved a proposal to gradually reduce the network's maximum annual token issuance from 2.5% to 1.6% over 24 months, aiming to curb token inflation. The change, supported by 99.96% of on-chain votes, keeps the token distribution ratio unchanged but will lower staking yields from 5.27% to 3.37% by 2026. This move reduces token dilution for non-staking holders and aligns with NEAR's maturing ecosystem, which increasingly supports token economics through transaction fees and buybacks. Validators must adopt the upgrade before the reduction takes effect, marking a continued effort to rely less on inflation incentives as the network grows.
NEAR Protocol's token issuance cut coincides with a notable price drop on Pluang, where NEAR trades at Rp69.001, down 7.65% in the last day. The market shows balanced order activity with 49% selling and 51% buying interest. These figures are current as of Nov 03, 2026 14:21 WIB.
Bitway (BTW) led losses among the top 89 non-stablecoin cryptocurrencies, falling 13.82% to $0.909. Other significant drops included Zcash (ZEC) down 10.95%, NEAR Protocol (NEAR) down 10.79%, and Aave (AAVE) down 7.61%. Despite widespread declines, R...
NEAR Protocol's governance approved proposal HSP-029 to reduce the network's maximum annual token issuance from 2.5% to 1.6%, a 36% cut phased in over 24 months following a 90-day grace period. This follows a previous reduction from 5% to 2.5% in 202...
At least 11 accounts on Hyperliquid saw over $1 million each in liquidations within 24 hours, totaling about $30.46 million. Long positions accounted for nearly 85% of the liquidations, resulting in $2.14 million in realized losses. Major liquidation...
NEAR Protocol (NEAR) experienced a sharp decline of 8.89% to $3.89 on November 2, marking the steepest drop among major cryptocurrencies in a broadly falling large-cap market. Other notable losers included Rain, Venice Token, and Ether.fi, while a fe...
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 inclu...
