holo price

A few days ago, I just finished watching @rhea_finance on Near. I continued to look at some other information on the blockchain. Currently, Near: - Ranks 35th in TVL on DeFillama, close to TON - Ranks 1st/2nd in UAW (Unique Active Wallets) on DappRadar, which is quite incredible and feels different from the actual experience. I also saw an ongoing, relatively important proposal to reduce inflation: Discussion address (contains voting): Holders should take a look at the voting; it will end in about a month. 1️⃣ Background of the proposal - The current annual inflation is 5%, but due to Near's extremely low transaction fees, the burn mechanism can only destroy about 0.1% of the supply each year, leading to unnecessary token supply growth and dilution. - The inflation mechanism is compounded, which is not very friendly to holders. 2️⃣ Therefore, the proposal is to reduce inflation from 5% to 2.5%, which will have some impacts: - First, the issuance speed will undoubtedly decrease, which is a good thing overall, as many chains have already proven. - The current staking yield for $Near will temporarily decrease because of fewer rewards. - Many AI Agents are being deployed on Near, and if these scenarios become more active and consume enough $Near, it may create a deflationary range. 3️⃣ Challenges This is actually a challenge for Near, which is how to solve the problem of: decreasing inflation and lower staking yields. Some stakers will inevitably unstake, which will raise the yield and reach a new balance. Will unstaking affect the price of the token? I speculate that those who unstake, if they are so sensitive to yield, might be hedging users? New ideas are welcome. Near's approach might be to introduce a staking time factor, meaning that those who stake for a longer time can receive a higher APY, even exceeding the current range, with an expected range of 4% - 11%. This might hedge against this challenge. Let's see 👀

Bullish for $Near! Vote inflation from 5% down to 2.5%

Proposal is up by HOT following a lot of community discussion for reducing NEAR inflation down to 2.5% I support this proposal. Lower inflation allows to better position NEAR as store of value for AI To add few more reasons: - NEAR continues to innovate keeping tx prices very low while being the be of top blockchains by number of transactions. - High staking yield effectively offering “no risk” return limits DeFi development. - House of Stake is planning to offer alternative method to stake and earn for participants who are long term aligned with network allowing to have higher yield and governance power. It’s also important to remember that new ways of generating demand for NEAR coming with fees from Intents. It’s exciting to see evolution of NEAR economics and I’m looking forward to the vote!

If you are imagining the performance of HOT, MATIC, and SAND in 2021, I have presented ARB, TIA, and EIGEN to you.... The decision is yours ⏳😇

It takes a thriving ecosystem with the best projects to make the magic of NEAR Intents happen.