NEAR Ahead of the Vote on Cutting Issuance to 1.6 Percent: Why the Price Is Falling Now

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.A proposal in the NEAR governance forum would cut the maximum annual issuance from 2.5 to 1.6 percent over 24 months, pressing the staking yield down from 5.4 to around 3.5 percent. The price loses 5.65 percent on October 3, for a different reason.A proposal has been sitting in NEAR's governance forum since September 30, 2026 that would permanently shrink the reward for staking: the maximum annual issuance is to fall from 2.5 to 1.6 percent, spread over 24 months. For you as a holder of NEAR that is the more important news of the weekend, even if the price is giving way right now for a different reason. According to market data from CoinGecko, NEAR costs $4.68 on October 3, down 5.65 percent within a day. The connection is less direct than it looks. The issuance cut is a proposal that has not yet been voted on, and it would press the yield down only in small steps across two years. The daily loss belongs instead to a broad decline across the whole market, and to a month in which...