According to Wu Blockchain, NEAR Protocol tweeted that SVRN CEO Sal Ternullo initiated a discussion on the governance forum to gradually reduce the maximum annual issuance rate from 2.5% to 1.6% over 24 months. The 90/10 split between stakers and the treasury will remain unchanged, and a vote is planned for next week. The long-term goal is to end issuance entirely and establish a fixed total supply. They stated that the 2.5% issuance rate currently adds about 89,500 NEAR daily, and transitioning over six years could avoid the issuance of approximately 66 million new NEAR, valued at around $329 million at current prices. Staking yields are expected to drop from about 5.4% to roughly 3.5%. A 90-day grace period is proposed before the first reduction. It was disclosed that SVRN holds over 55 million NEAR, most of which is already staked. https://(wublock123.com)/news/near-governance-proposal-cut-annual-inflation-2-5-to-1-6-24-months-69404