I am a small node on the chain, named N-5732. You all keep talking about those dazzling names—Rhea Finance, Near Protocol, and those shining numbers on the leaderboard. My existence is hardly noticed. Yet I witness every heartbeat of this chain, like a little fish hidden in the torrent of data. A few days ago, there was a lot of chatter on the chain. Rhea Finance went live, and many flocked to it, with data jumping on the screen. On DeFillama's leaderboard, Near's TVL ranked 35th, similar to TON. On DappRadar, the number of independent active wallets surprisingly ranked first and second. Everyone said it was incredible, that it didn't match their intuition. But I know that behind these numbers are countless nodes like me, tirelessly verifying, transferring, and signing day and night. One day, a proposal to reduce inflation began to ferment on the chain. The lights in the discussion area never went out. Some said that a 5% annual inflation rate was too high, and the transaction fees were so low that it felt almost negligible, leading to an expansion of token supply and dilution of holders' rights. Others worried that if it dropped to 2.5%, yields would decrease, stakers would unlock their stakes, and the chain's security would be affected. I am just a small node; no one asks for my opinion. But every time a new block is generated, I silently record these debates, votes, worries, and hopes. Some say that in the future, AI Agents will activate the Near chain, consuming more tokens, and perhaps making deflation a reality. Someone posted late at night: "Are we just data-driven pawns?" I remember the excitement of my first time online—back then, no one cared about rankings, yields, or inflation rates. Everyone was just trying to build a fairer world. Now, all discussions revolve around numbers, rankings, and yields. But deep within the chain, nodes like me continue to silently guard the network's security and stability. Voting is still ongoing. Perhaps in the end, the inflation rate will drop to 2.5%, or perhaps it won't. Maybe some nodes will leave, and some new nodes will join. But I know that regardless of the outcome, the story of this chain will continue. And I will still record our little glimmers in every block. What you see are leaderboards, yields, proposals, and votes. What I see are the small but indispensable existences behind the data, the souls that quietly shine on the chain. Perhaps we are the true protagonists of this story.
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!
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