Proposal is up by HOT following a lot of community discussion for reducing NEAR inflation down to 2.5%
I support this proposal.
Lower inflation allows to better position NEAR as store of value for AI
To add few more reasons:
- NEAR continues to innovate keeping tx prices very low while being the be of top blockchains by number of transactions.
- High staking yield effectively offering “no risk” return limits DeFi development.
- House of Stake is planning to offer alternative method to stake and earn for participants who are long term aligned with network allowing to have higher yield and governance power.
It’s also important to remember that new ways of generating demand for NEAR coming with fees from Intents.
It’s exciting to see evolution of NEAR economics and I’m looking forward to the vote!
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