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NEAR token sinks 7% as proposal to cut annual token issuance passes

CO
Cointelegraph
By Cointelegraph by Zoltan Vardai
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NEAR token sinks 7% as proposal to cut annual token issuance passes
Photo / Coverage: CointelegraphCredit: Cointelegraph by Zoltan Vardai
EXECUTIVE SUMMARY

The proposed issuance cut would prevent 11.8 million NEAR from entering circulation over two years, worth about $45 million at today’s price.

Key Takeaways

  • NEAR token sinks 7% as proposal to cut annual token issuance passes.
  • The proposed issuance cut would prevent 11.8 million NEAR from entering circulation over two years, worth about $45 million at today’s price.
  • The proposed issuance cut would prevent 11.8 million NEAR from entering circulation over two years, worth about $45 million at today’s price.

The proposed issuance cut would prevent 11.8 million NEAR from entering circulation over two years, worth about $45 million at today’s price.

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