I’d like to personally support the proposal by @hotdao_ to reduce NEAR’s inflation by half. NEAR’s tokenomics has not changed since mainnet launch almost five years ago. Back then, the maximum inflation was set to 5% because we hoped that NEAR would get sufficient usage and enough transaction fees would get burned so that the actual inflation would fall in the range of 2-3%. The reality was that NEAR became so cheap and fast and in the past year, only 0.1% of the total supply was burnt in transaction fees, which makes the actual inflation ~4.9% and that is not the healthy tokenomics we wanted in the beginning. I do think that it is time for a change towards healthier and more sustainable tokenomics. This proposal is a good first step towards that direction. Once HoS is fully set up, it will regularly conduct reviews on NEAR’s inflation and call for a voting to adjust it if necessary. I know that this is a controversial topic, but whether you are for the proposal or against it, please vote at