NEAR Protocol, in a recent upgrade, decreased its token inflation rate from 5% to 2.5%. While this aims to reduce the minting of new tokens, it was made without the necessary community support, leading to backlash from key validators.
Following the upgrade, market observers hold mixed views, with some investors perceiving it as a positive move, while others voice legal concerns. The NEAR team emphasizes following standard procedures despite criticism, aiming to ensure long-term sustainability.
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