NEAR Voters Approve Plan to Cut Annual Issuance to 1.6%
NEAR’s HSP-029 passed its tokenholder vote, backing a 24-month issuance cut from 2.5% to 1.6%. Security Council review and validator adoption remain.
Hard Cap
A hard cap is the maximum amount of funds a cryptocurrency project aims to raise during a token sale or fundraising event. Once this limit is reached, no additional contributions are accepted. Hard caps are set to control token supply, prevent overfunding, and maintain scarcity. They provide transparency and assurance to investors about the total token issuance and fundraising goals. Hard caps are commonly used in ICOs, IDOs, and IEOs.
Latest Hard Cap News
Venice’s October VVV Burns Top $1M, Still Below New Issuance
VeniceStats puts October’s VVV burn value near $1.01 million so far. About 39,967 tokens were burned, still below new issuance…
Sean Bowe Proposes Redirecting Zcash’s 8% Grants Subsidy to NSM
Sean Bowe’s draft would redirect Zcash’s 8% grants subsidy to the NSM reserve, preserving ZCG’s existing treasury and ability to…
Travala Adds AVA Buyback Multiplier Tied to Travel Rewards
Travala’s tiered AVA buybacks can reach 3× member rewards, taking combined repurchases with the AVA Foundation to 4× at the highest threshold.
Aerodrome and Velodrome Merge Into Aero Across Seven Networks
Aerodrome and Velodrome have combined as Aero, launching across seven chains with a new AERO token, sAERO positions and cross-chain Metaswaps.
Axis Robotics’ AXIS Starts Trading on Coinbase, Upbit and Bitget
Axis Robotics’ Base token AXIS has debuted on Coinbase, Upbit and Bitget, following a $0.10 community sale with staged unlocks and a $12 million seed round.
Grayscale’s Crypto Yield Rankings Put HYPE and CAKE on Top
HYPE leads Grayscale’s Tokenholder Yield ranking at 8.0%, while CAKE tops Adjusted Earnings Yield at 14.4%. The two metrics measure different token economics.
PancakeSwap Opens Vote on 88% LP Fee Share and 69% CAKE Emissions Cut
PancakeSwap’s live ballot proposes an 88% LP fee share and phased CAKE emissions cuts, with the final reduction tied to a 20% supply-reduction target.
NEAR Vote Proposes Cutting Annual Token Issuance to 1.6%
NEAR’s HSP-029 proposes lowering maximum annual issuance from 2.5% to 1.6% over 24 months, with a grace period and a separate validator upgrade required.
PancakeSwap Proposes 88% LP Fee Share and 69% CAKE Emissions Cut
PancakeSwap’s The Flip proposal would raise liquidity providers’ fee share to 88% and reduce daily CAKE issuance to 7,000, subject to a governance vote.