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 NEAR had climbed by almost 148 percent. Together, the two decide whether staking NEAR still pays for you.
The NEAR Issuance Proposal in Full
The proposal was tabled by Sal Ternullo, managing director of Svrn AI, on September 30, 2026, under the title "NEAR Governance Discussion: Reducing Issuance to 1.6%, and the Path to a Fixed Supply". It is a basis for discussion, and no parameter has ...
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