NEAR Protocol has implemented a significant upgrade that reduces its token inflation rate to 2.4%, even after a community vote did not succeed. This decision underscores ongoing governance issues within the blockchain ecosystem. The adjustment in inflation rate aims to enhance the economic stability of the NEAR token. However, the failed governance vote raises questions about community consensus and decision-making processes. The situation reflects broader challenges faced by decentralized platforms in achieving alignment among stakeholders.
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NEAR Protocol Cuts Inflation Rate Despite Governance Vote Challenges
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