NEAR proposal to cut issuance cap 36% splits network validators
AI summary
A governance proposal, HSP-029, would gradually cut NEAR's annual issuance cap by 36%, reducing staking yields for validators and holders. Tokens that are bought and held or staked would remain counted in total supply under the plan. The change has split network validators, and a 36% cut to issuance rewards is a direct hit to staking economics that could affect holder behavior and token supply dynamics.
