NEAR Protocol Halves Inflation, Despite Failing to Win Popular Vote
Ah, October 30-such a significant date, marked by a network upgrade that promises to do the unimaginable: reduce the annual token inflation rate from a humble 5% to a shockingly reasonable 2.4%. This monumental change, which will see nearly 60 million tokens vanish from the minting process, is designed to combat the ever-pernicious problem of token dilution. But of course, that’s not the end of it-staking yields will fall from an almost euphoric 9% to a paltry 4.5%, assuming that half of the circulating supply remains locked in. How utterly tragic for the stakers! 😱


