This Qt'ed interaction has 3 major implications I'll highlight;
🔹Inflation Cut by Half
NEAR will propose to reduce protocol inflation from ~5% → ~2.5, which means lesser $NEAR token in supply.
🔹 Better Yields, Less Dilution
with reduced inflation, stakers can expect APYs of ~6–8% depending on market conditions.
🔹 Staking. incentives.
A new staking incentive program "House of Stake" is in the works;
curated benefits, additional rewards, and boosted yield multipliers for those who commit longer and align with network health.
FYI; smaller validators are considered too with an incentive plan.
TL;DR:
• 50% drop in inflation
• 6–8% APY range for stakers
• Long-term staking gets boosted via House of Stake
• A proposal will be out for validators to vote
Bullish catalyst for @NEARProtocol ?