NEAR Eyes Buybacks From Intents Revenue as Governance Proposal Targets 1.6% Inflation
- —Part of Intents revenue is used to buy back NEAR tokens
- —Proposal would cut NEAR inflation from 2.5% to 1.6% over two years
- —The network previously reduced inflation from 5% to 2.5%
- —Bitwise launched its spot NRR ETF on NYSE Arca on Sept. 29 with a 0.75% fee
Why it matters: Buybacks funded by product revenue and lower emissions could tighten NEAR supply if the inflation proposal is approved.
Source: DiarioBitcoin