Near Protocol token fell by roughly 7% on Tuesday despite a community vote.
Proposal HSP-029 received 99.9% support to lower annual issuance from 2.5% to 1.6%.
The change will prevent 11.8 million tokens from entering circulation over two years.
Staking yields are projected to drop from 5.2% to 3.3% over the 24-month period.
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