NEAR is discussing cutting issuance from 2.5% to 1.6% per year over 24 months, with a further course toward a fixed supply. This is only a discussion so far, not a decision.

NEAR is discussing cutting issuance from 2.5% to 1.6% per year over 24 months, with a further course toward a fixed supply. This is only a discussion so far, not a decision

$NEAR, solana (+base): 3ZLekZYq2qkZiSpnSvabjit34tUkjSwD1JFuW9as9wBG · DexScreener

Issuance means the new coins the network issues as rewards to stakers. Less issuance means less dilution, but staking yield also falls from about 5.4% to 3.4%. If you stake, your reward in $NEAR will decrease over time, and if you just hold, no action is required.

Facts

The discussion was opened on the House of Stake forum on September 30. The author writes that staking yield will fall from 5.4% to 3.5% over 24 months.
Forum participants fear that some of about 200 small validators will shut down. Yield will fall, while server costs will stay the same. Validators ask to think through backup delegation programs and fee redistribution in advance. [gov.near.org, September 30, 2026]
The official NEAR Protocol account on October 1 announced the proposal by Sala Ternullo (CEO SVRN): to cut issuance from 2.5% to 1.6% over 24 months and in the long term move to a fixed total supply. [@nearprotocol, October 1, 2026]
According to a retelling by the Telegram channel BredoStrategy, voting in House of Stake runs until October 11, and about 66 million NEAR will not be issued. After the vote, activation in clients is still needed. [@DoCryptoBred, October 1, 2026]
The price of $NEAR is about $4.92 on Binance, down 8% per day. [exchanges, October 1, 2026]

Waiting for

The outcome of the House of Stake vote, with the deadline cited as October 11, and the date of activation of the changes in clients.
Whether the proposal will get a clear plan for compensating validators and for how the fixed supply will be reached.

post from the Telegram channel BredoStrategy