NEAR’s House of Stake opened voting on HSP-029, a proposal to reduce annual NEAR token issuance from 2.5% to 1.6% over 24 months, according to BlockBeats.
Proposal details
The proposal says the gradual reduction is intended to reduce token dilution and improve the long-term token economic model. It remains a governance proposal and should not be treated as an approved change until the vote concludes.
Voting deadline
Voting is scheduled to close on Nov. 2, 2026. The source does not provide the current vote tally or outcome.