🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Near community proposes to drop the inflation rate to 2.5% stake earnings may be affected
On June 25th, Coin World reported that the Near community proposed a "dropInflation to improve the NEAR Token economy" plan, aiming to reduce the maximum inflation rate from 5% to 2.5% with future flexibility for adjustments. If approximately 0.1% of transaction fees are burned, the actual inflation rate will decrease to 2.4%, and dropstake returns may incentivize Token holders to participate in Decentralized Finance. The proposal points out that the current fixed annual inflation rate of 5% for NEAR is causing an increase in circulating Tokens, dilution of equity, and depreciation of the Token value. However, the current support rate for the proposal is only 7.42%, with 36 days and 22 hours left until the voting ends. Opponents argue that reducing validators' incentives by 50% would make validating Nodes unprofitable, leading to a decrease in both validators and stakeholders, and they do not believe there is a strong correlation between the inflation rate and price performance.