NEAR community's new proposal aims to reduce the token issuance rate from 2.5% to 1.6% within 24 months

On October 2, according to official news, a new proposal appeared at the NEAR Governance Forum, proposed by SvrnAI CEO SalTernullo, proposing to reduce the NEAR token issuance rate from 2.5% to 1.6% within 24 months and promote the fixed total supply direction in the long run. The proposal is currently open for discussion among validators, HouseofStake representatives, and the entire NEAR community. In addition, NEAR officials stated that the NEAR Intention incident did not involve vulnerabilities in the NEAR Protocol or native NEAR tokens. The network continues to block and process transactions with zero downtime during this period.