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, potentially increasing token scarcity and value. While holders may benefit from reduced inflation, staking rewards could drop from around 5.4% to 3.5%, affecting validators and staking providers. The proposal is under community discussion with a vote expected by mid-October 2026.
As NEAR Protocol debates reducing its token issuance rate, the NEAR token price on Pluang has dropped 9.54% in the past day to Rp89,627 as of Oct 02, 2026 13:21 WIB. The market shows significant selling pressure with 76% of order activity on Pluang being sell orders. The circulating supply stands at 1.3 billion NEAR, and the market cap is Rp116.56 trillion, indicating active trading with a 24-hour volume of Rp29.62 trillion.
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...
NEAR Protocol recorded $197.55 million in 24-hour decentralized exchange (DEX) volume, narrowly surpassing Avalanche's $193.92 million, driven largely by NEAR Intents, an intent-based trading system simplifying user trades. NEAR Intents has processed...
NEAR Intents restored service after a $3.8 million exploit targeting USDT on Binance Smart Chain, caused by a vulnerability in Omni's deposit and withdrawal interaction with NEAR Intents smart contract. The issue was detected and fixed within an hour...
