The Near community has proposed a vote to reduce NEAR token's fixed annual inflation rate from 5% to 2.5%.

BlockBeats News, June 25th, NEAR Protocol officials stated that the community has initiated a proposal to vote on reducing the NEAR token's fixed annual inflation rate from 5% to 2.5% and plans to adjust it flexibly in the future.

This vote will end when one of the following two conditions is met:

1. More than 2/3 of the staked share cast a "Yes" vote;

2. The deadline is reached (8:00 on August 1, 2025, UTC+8).