NEAR A proposal to reduce the issuance rate has appeared on the governance forum; officials said the NEAR Intents incident did not involve protocol or token vulnerabilities
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AT A GLANCE
NEAR The community proposal would within 24 months reduce the token issuance rate from 2.5%to 1.6%。
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NEAR A new community proposal seeks to 24 reduce the token issuance rate from over the course of 2.5%to 1.6%
PANews October 2 news, according to official information,NEAR A new proposal has emerged on the Svrn AI governance forum, put forward by Svrn CEO Sal Ternullo, recommending that over 24 months, the NEAR token issuance rate be reduced from 2.5%to 1.6%, while promoting a fixed total supply in the long term. The proposal is currently open for discussion among validators,House of Stake representatives, and the entire NEAR community. In addition,NEAR officially stated that the NEAR Intents incident did not involve vulnerabilities in NEAR Protocol or the native NEAR token. The network continued producing blocks and processing transactions, with zero downtime during the incident.
NEAR A new proposal has appeared on the governance forum.
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The proposal was submitted by Svrn AI CEO Sal Ternullo.
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The proposal recommends that within 24 months, the NEAR token issuance rate be reduced from 2.5%to 1.6%。
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The proposal also recommends a long-term push toward a fixed total supply.
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The proposal is currently open for discussion among validators, House of Stake representatives, and the entire NEAR community.
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NEAR Officials stated that the NEAR Intents incident did not involve NEAR Protocol or the native NEAR token vulnerabilities.
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Officials stated that the network continued producing blocks and processing transactions, with zero downtime during the incident.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a tokenomics proposal still under community discussion, centered on gradually reducing NEAR's new issuance rate and discussing a fixed total supply in the long term. Officials also stated that the NEAR Intents incident did not involve NEAR Protocol or the native NEAR token vulnerabilities, and network operations were not interrupted.
Why it matters to readers
If the proposal is subsequently approved,NEAR's planned issuance rate may be reduced from 2.5%to 1.6%; the proposal is currently still in the open discussion stage.
The token issuance rate indicates the speed at which newly issued tokens enter the market; a fixed total supply means that the total token supply will no longer increase over the long term.
Risks and unknowns
It remains unclear whether the proposal will proceed to a formal governance vote or what the final outcome will be.
It is currently impossible to confirm whether the issuance rate will actually be reduced from 2.5%to 1.6%。
It remains unclear whether the fixed total supply direction will be implemented in the long term.
NEAR The follow-up investigation or disposition regarding the Intents incident has not yet been disclosed.
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Token issuance rate
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