Wu Blockchain has learned that NEAR governance organization House of Stake has initiated voting on proposal HSP-029. The proposal aims to gradually reduce NEAR token's annual issuance rate from 2.5% to 1.6% over 24 months, following a 90-day grace period, to minimize token dilution. If implemented, it is estimated that approximately 11.8 million NEAR tokens will be reduced in issuance over the first 2 years, and about 66.1 million tokens over 6 years. The current 90:10 distribution ratio between staking rewards and treasury funds will remain unchanged. Assuming the staking participation rate stays at 42.71%, the annualized staking yield is expected to decrease from 5.268% to 3.372%. This proposal aims to balance reducing token dilution with maintaining network security and the sustainable operation of validators. https://(wublock123.com)/news/near-community-vote-reduce-token-issuance-rate-24m-2-5-to-1-6-70404