NEAR Protocol has proposed a gradual reduction of its maximum annual token issuance from 2.5% to 1.6% over 24 months, aiming to limit future token supply growth by about 66 million tokens over six years, valued at $329 million as of late September 2026. This change would lower staking rewards from roughly 5.4% to 3.5%, affecting validators and staking participants, while maintaining the existing 90/10 split between stakers and the protocol treasury. The proposal includes a 90-day grace period before reductions begin and requires a governance vote and validator upgrades for implementation. The move is part of a longer-term plan to tighten supply controls and potentially move toward a fixed total supply in the future, though that would need separate approval and community discussion.
As of Oct 02, 2026 15:51 WIB, NEAR Protocol trades at Rp88.452 on Pluang, showing a 5.51% decline in the past day. The platform records a market capitalization of Rp115,59 trillion and a 24-hour trading volume of Rp29,09 trillion. Notably, 76% of Pluang users are selling NEAR while 24% are buying, with an average holding period of 51 days.
NEAR Intents, a cross-chain crypto exchange, lost about $3.8 million after a security flaw in its Omni deposit and withdrawal system was exploited. The platform immediately froze deposits and withdrawals across 11 blockchain networks and fixed the sm...
NEAR Protocol is considering a governance proposal to gradually reduce its maximum annual token issuance rate from 2.5% to 1.6% over 24 months. This change aims to limit inflation by keeping about 66 million NEAR tokens out of circulation, potentiall...
NEAR Intents, a decentralized finance protocol, publicly gave hackers 48 hours to return stolen funds following a recent exploit. The protocol aims to recover assets voluntarily before pursuing legal or on-chain measures. Details on the stolen amount...
NEAR Intents suffered a $3.8 million exploit on October 1, 2026, due to a bug in its cross-chain infrastructure on BNB Chain. The protocol halted services, patched the flaw quickly, and is now pressuring the attacker with a 48-hour deadline to return...
Aave led altcoin gains with a 9.14% rise to $176.21, driven by increased trading and platform updates. Meanwhile, Quant fell sharply by 14.33%, reflecting the volatile and divergent trends in the altcoin market. Other altcoins showed mixed results, w...
