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NEAR Drops 7% After Vote to Cut Annual Token Issuance
NEAR fell about 7% after a proposal to reduce the token's annual issuance passed. According to Cointelegraph, the cut would keep 11.8 million NEAR out of circulation over two years.
HighRisk Media Newsroom, , 1 min read · Читать по-русски
The NEAR blockchain token fell about 7% after a vote on a proposal to reduce the token's annual issuance passed. Cointelegraph reports the news.
According to the outlet, the proposed reduction would keep 11.8 million NEAR from entering circulation over two years. At the current price, that is roughly $45 million.
The source material does not include details on the voting mechanics or when the changes would take effect.
Sources
Prepared by AI from the sources above and checked against them. Spotted a mistake? Write to @highrisk_team.
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