Phyrex
Phyrex|Jun 24, 2025 16:58
I just saw the latest proposal from NEAR and I have some feelings about it. NEAR is a relatively early project and performed very well in the last cycle. However, with the market downturn, it has been under some pressure to compete with public chains. Nevertheless, NEAR has long been one of the top two public chains in terms of active users of dapp radar, indicating a solid user base. Of course, for those in the cryptocurrency industry, buying shares is the only way to achieve justice. Therefore, this proposal is to lower NEAR's maximum annual inflation rate from 5% to 2.5%, in order to reduce the net issuance rate of tokens and minimize selling in the market. Moreover, in the current context of continuous increase in activity on the NEAR chain, rewarding users through inflation is not the best choice, and excessive token issuance may actually weaken the long-term value foundation. If the fee burning mechanism can be combined to gradually push NEAR into a deflationary phase, it will have a positive impact on prices. And NEAR is also continuing to make efforts in areas including AI Agents, NEAR Intents, and chain abstraction. I hope to give tokens more practical use value, by suppressing inflation, releasing liquidity that was originally locked in by inflation incentives, and guiding users to shift from being locked in to using (consuming). Thus forming a closed loop from use to combustion to scarcity. And the development of NEAR in the AI field is still good, making it the second largest position in the gray scale decentralized AI fund, indicating that the traditional market believes that NEAR has further opportunities for the development of decentralized AI.
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