NEAR Protocol Co-founder Plans Fixed Supply Pathway for NEAR Token, Rejects Burning Approach

According to BlockBeats, NEAR Protocol co-founder Illia Polosukhin stated on July 2 that token burning is an inefficient approach to managing the NEAR token supply. Polosukhin revealed that a new proposal is being prepared to outline a different strategy for transitioning NEAR toward a fixed supply, with implementation expected over the coming years.
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