NEAR Stakeholders Back Lower Token Issuance Ceiling
A House of Stake proposal would reduce NEAR’s maximum annual issuance rate from 2.5% to 1.6% through a 24-month transition.
A House of Stake proposal would reduce NEAR’s maximum annual issuance rate from 2.5% to 1.6% through a 24-month transition. NEAR Protocol (NEAR) is trading at $4.03, up 0.5% since this brief published. This is an original TLT brief based on reporting by TronWeekly, with live market data added, as of Thu, 05 Nov 2026 09:00:05 UTC.
If finalized, the proposal would lower the ceiling on new NEAR supply and reshape the token’s issuance policy. The change could affect the economics of staking and participation in the NEAR ecosystem.
- House of Stake approved proposal HSP-029
- Maximum annual issuance would fall from 2.5% to 1.6%
- NEAR trades at $4.01, down 7.40% over seven days
- Implementation requires final approval and a 24-month rollout
- NEAR Protocol's Token Issuance Set to Decrease by 36% After Critical Vote
- NEAR Protocol Price Drops 9% Amid AI Crypto Sell-Off and Token Issuance Concerns
- NEAR Governance Lowers Token Issuance Ceiling to 1.6% Over Two Years
- NEAR Stakeholders Back Lower Token Issuance Under HSP-029
- NEAR Stakeholders Back Lower Token Issuance Ceiling — this brief
NEAR’s House of Stake has approved a proposal to reduce the protocol’s maximum annual token issuance rate from 2.5% to 1.6%. The approved measure is known as HSP-029, according to CoinCodex, and establishes a lower ceiling for the number of new tokens issued each year.
The reduction would not take effect immediately. TronWeekly reports that the change is scheduled to be implemented over 24 months and still requires final approval. Taken together, the coverage describes approval of the proposal by the House of Stake as a necessary first step rather than the completion of a new issuance regime.
The two publications corroborate the proposal’s main quantitative terms: the existing 2.5% maximum annual issuance rate would fall to 1.6%. Their distinction is one of procedural emphasis. TronWeekly highlights the outstanding final-approval requirement, whereas CoinCodex supplies the proposal identifier and frames the adjustment as occurring over the next 24 months.
The proposal comes as activity across NEAR-related liquidity and staking remains below recent levels. DeFiLlama reports stake TVL of $134.71 million, down 5.1% over seven days, and NEAR TVL of $121.23 million, down 3.5% over the same period. Those figures provide broader context for the ecosystem at the time the issuance proposal was approved.
NEAR Protocol was priced at $4.01, slipping 0.30% over 24 hours and 7.40% over seven days, while its market capitalization stood at $5.26 billion. The wider crypto market was broadly higher, with total market capitalization at $2.75 trillion, 
Bitcoin up 2.84% over 24 hours, and the Fear & Greed index at 50, indicating a neutral reading. The next elements to monitor are final approval of the proposal and the mechanics and pace of its 24-month implementation.
Since this brief published about 21 hours ago, NEAR Protocol (NEAR) has moved from $4.01 to $4.03 — +0.50%.
The chart plots NEAR's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 NEAR ≈ ₦5,571.17 (about $4.03), down 0.4% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
2 key figures independently matched across 2 outlets reporting this story.
TLT extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · November 5, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
NEAR Stakeholders Back Lower Token Issuance Ceiling — questions & answers
What token issuance rate does the NEAR proposal set?
The proposal would lower the maximum annual token issuance rate from 2.5% to 1.6%.
Is the NEAR issuance change already in effect?
The House of Stake approved the proposal, but TronWeekly reports that implementation still requires final approval and is planned over 24 months.
How is NEAR performing alongside the proposal?
NEAR trades at $4.01, down 0.30% over 24 hours and 7.40% over seven days, with a $5.26 billion market capitalization.
How much is 1 NEAR Protocol worth in naira today?
About ₦5,571.17 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $4.03. The naira price moves with both NEAR's US-dollar price and the USDT/NGN rate; use our NEAR Protocol in naira page for any amount.
Has NEAR Protocol's price moved since this brief was published?
NEAR is up 0.50% since this brief first published — trading at $4.03 now versus $4.01 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.