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EVENT / TOPICHistorical

NEAR proposal slashes yield by 36%, dividing network validators

1 reports1 sources10/23/2026 updated

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AI overview

NEAR community proposes reducing the annual token issuance cap from 2.5% to 1.6% via HSP-029, a 36% cut that would lower annual staking rewards from approximately 4.97% to 3.18%. Validators' annual operating income would drop from 248.52 NEAR to 159.05 NEAR. The proposal includes a 90-day grace period followed by a 24-month linear transition, requiring validator adoption of the protocol upgrade.

Written with AI from the reporting · updated 10/23/2026

Latest developmentOct 23, 12:10
NEAR proposal to cut annual issuance cap by 36% sparks validator division
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  1. 1Unclassified fact stationOct 23, 12:20single sourcereport-time onlyrevised

    NEAR提案将收益下调36%

    Read original source ↗ CryptoSlateReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    NEAR
    Action：
    提案通过后将逐步将年化发行上限从2.5%降至1.6%
    Object：
    NEAR代币年化发行上限
    Occurred (fact side)：
    not recorded
    CryptoSlate ↗Report pageRevision 2 · currently revised
    Published (valid side)：
    Oct 23, 12:10
    First seen (known side)：
    Oct 23, 12:20
    Fact stationSingle source · one-sided claimRevisedReport-time only

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Oct 23
  1. CryptoSlateRelated fact: single sourceFact occurrence time unverifiedSource report revised
    NEAR proposal to cut annual issuance cap by 36% sparks validator division

    Report first recorded Oct 23, 12:20

    The NEAR blockchain's total supply grew by about 2.69 million tokens in 30.62 days. Proposal HSP-029 aims to reduce the maximum annual issuance from 2.5% to 1.6%, a 36% cut, which would slow future dilution and reduce token income for stakers. Ratification would begin a 90-day grace period followed by a 24-month ramp, requiring validators to adopt a protocol upgrade to reach the target in roughly 27 months.

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