Add as a preferred source on GoogleSVRN AI CEO Proposes Cutting NEAR Issuance Rate to 1.6%
Sal Ternullo’s proposal would reduce NEAR Protocol’s token issuance from 2.5% to 1.6% over 24 months and revise the network’s tokenomics.
SVRN AI CEO Sal Ternullo has proposed reducing NEAR Protocol’s token issuance rate from 2.5% to 1.6% over 24 months, a change aimed at revising the network’s tokenomics.
The proposal would alter NEAR Protocol’s economic model and is open for stakeholder engagement. It focuses on lowering the rate at which new tokens are issued across the network.
NEAR Protocol provides infrastructure for decentralized applications. SVRN AI is involved in discussions around the network’s economic strategy.
The proposal would reduce NEAR Protocol’s token issuance rate from 2.5% to 1.6% over 24 months.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.