Post
Gulaboo
$NEAR has risen about 7% in the past two days, and trading volume has also significantly increased, but what I think is more worth paying attention to than the price rise is its plan to continue reducing token issuance.
Here's the situation: the NEAR community just passed a governance proposal to gradually lower the annual issuance cap from 2.5% to 1.6% over the next 24 months.
According to the proposal's estimates, about 11.8 million fewer NEAR tokens will be issued over the next two years.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$75,430.9-0.01%
ETH/USDTEthereum
$2,221.96-0.01%
SOL/USDTSolana
$89.55-0.01%
Today’s market buzz
1#Philadelphia Semiconductor Index records largest single-day drop since March 2020
2#U.S. nonfarm productivity rises 3.6%, initial jobless claims below expectations
3#Trump says he is ready to veto Democratic legislation
