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.
A whitepaper is a detailed document that explains the purpose, design, and functionality of a cryptocurrency project or blockchain protocol. It typically outlines the problem the project aims to solve and the technical approach used to address it. Whitepapers often include information about the underlying technology, token economics, and network architecture. They may also describe governance models, security considerations, and planned development stages. In crypto, whitepapers serve as a primary source of technical and conceptual information for developers and users. They help readers evaluate how a project works and whether its design is sound.
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.
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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’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.