NEAR Governance Approves Major Supply Cut – But Token Slides 7%

Published: 4 November 2026

NEAR network/ecosystem note dated 4 November 2026. This page summarizes the source development in plain English; it is not a price call.

What changed

• A proposal to gradually lower NEAR Protocol’s maximum annual token issuance from 2.5% to 1.6% over 24 months has secured approval from the network’s House of Stake governance body. The measure, outlined under HSP-029, aims to slow supply growth and limit long-term to…

What the figures mean

Independent check on the printed figures (7%, 8217, 2.5%, 1.6%): confirm the unit, the session or as-of timestamp, and whether the number is a flow, a price, a rate, or a count before treating the headline as a directional call for NEAR. This page restates source figures; it does not invent a second dataset.

Why it matters

The item is included because it is substantively about NEAR (institutions, policy, flows, security, or network use), not a passing mention.

What to watch

Upgrade, staking, or mining details can shift after publication. Prefer primary client/docs releases when timing matters.