DWF Labs Leader Calls for NEAR to Sharply Reduce Token Inflation, Promises to Buy More NEAR If Achieved

This article is machine translated
Show original

DWF Labs Leader Calls for NEAR to Significantly Reduce Token Inflation, Promises to Buy More NEAR if Achieved

On June 12, Andrei Grachev – managing partner at DWF Labs – posted on the social media platform X (formerly Twitter) that the investment fund currently holds 5 million NEAR tokens in its wallet and has staked an additional 6 million NEAR to the network to participate in security and maintain system operations.

In the same post, Grachev called on the NEAR project development team to consider adjusting the NEAR token inflation rate – the rate of new token issuance – from the current level to 2.5% per year. Grachev also emphasized that if NEAR truly reduces the inflation rate to 2.5% as proposed, DWF Labs commits to buying an additional 10 million NEAR tokens in the secondary market.

He believes that reducing inflation will help better control supply, contribute to stabilizing the token's value in the long term, and create favorable conditions for the sustainable development of the entire NEAR ecosystem. This is considered one of the key factors to attract more capital and interest from institutional investors.

As of the current time (mid-2025), the NEAR token inflation rate is fluctuating around 5% per year.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
1
Comments