Update
NEAR Protocol Reduces Token Issuance
NEAR Protocol's governance has approved a proposal to reduce the maximum annual token issuance from 2.5% to 1.6% over 24 months. This will prevent approximately 11.8 million NEAR from entering circulation in the first two years, with a total reduction of 66.1 million over six years. Following the announcement, NEAR's price fell 7% to around $3.84.