How Much NEAR Coin Is Released Annually?89

NEAR is a proof-of-stake blockchain platform that aims to provide a fast, secure, and scalable network for decentralized applications. NEAR's native token, also called NEAR, is used for staking, governance, and paying transaction fees on the network.

The NEAR token has a total supply of 1 billion tokens. Of this, 40% was sold in public and private token sales, 20% was allocated to the NEAR Foundation, and 40% was allocated to the community through a series of grants and programs.

The NEAR token is not subject to inflation. This means that the total supply of NEAR will never increase beyond 1 billion tokens. However, there is a mechanism in place to release new NEAR tokens into circulation each year.

The NEAR network uses a dynamic inflation rate that is determined by the number of tokens that are staked. The higher the percentage of tokens that are staked, the lower the inflation rate. The current inflation rate is 5%, which means that 50 million new NEAR tokens will be released into circulation each year.

The new NEAR tokens that are released each year are used to reward stakers and to fund the development of the NEAR ecosystem. Stakers are rewarded with NEAR tokens for helping to secure the network and for participating in governance. The NEAR Foundation uses the funds that it receives from the release of new NEAR tokens to support the development of the NEAR ecosystem and to fund research and development.

The release of new NEAR tokens into circulation each year is an important part of the NEAR ecosystem. It rewards stakers, funds the development of the NEAR ecosystem, and helps to maintain the long-term health of the network.## Conclusion
The NEAR token is not subject to inflation. However, there is a mechanism in place to release new NEAR tokens into circulation each year. The new NEAR tokens that are released each year are used to reward stakers and to fund the development of the NEAR ecosystem. The release of new NEAR tokens into circulation each year is an important part of the NEAR ecosystem and helps to maintain the long-term health of the network.

2024-11-11

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