NEAR Protocol Community Proposes Cutting Annual Inflation Rate from 5% to 2.5%

NEAR Protocol community members have formally proposed a significant adjustment to the network’s monetary policy, aiming to reduce the fixed annual inflation rate of the NEAR token from 5% to 2.5%. This strategic move reflects a broader trend among blockchain projects to optimize tokenomics for long-term sustainability and value retention. The proposal also includes provisions for future flexible inflation adjustments, allowing the protocol to respond dynamically to market conditions and network growth metrics.

The governance vote will remain open until either over two-thirds of the staked tokens endorse the change or the deadline of 8:00 AM UTC+8 on August 1, 2025, is reached. This dual-condition voting mechanism ensures both decisive community consensus and a clear timeline for implementation. Market participants and stakeholders are advised to monitor the voting progress closely, as the outcome will directly impact NEAR’s supply dynamics and potentially influence its market valuation.