# NEAR Governance Discussion: Reducing Issuance to 1.6%, and the Path to a Fixed Supply

**URL:** <https://gov.near.org/t/near-governance-discussion-reducing-issuance-to-1-6-and-the-path-to-a-fixed-supply/42595>\
**Category:** House of Stake\
**Created:** [September 30, 2026, 1:50pm UTC](https://gov.near.org/t/near-governance-discussion-reducing-issuance-to-1-6-and-the-path-to-a-fixed-supply/42595 "2026-09-30T13:50:00Z")\
**Posts on this page:** 1\
**Showing post:** 21

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**Author:** ![SalTernullo](https://avatars.discourse-cdn.com/v4/letter/s/ce73a5/32.png) [@SalTernullo](https://gov.near.org/u/SalTernullo)\
**Post date:** [October 2, 2026, 1:58pm UTC](https://gov.near.org/t/near-governance-discussion-reducing-issuance-to-1-6-and-the-path-to-a-fixed-supply/42595/21 "2026-10-02T13:58:13Z")

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I am conscious that the change to emissions could impact small nodes adversely and we are thinking about mechanics to propose in phase 2 to maintain a strong Nakamoto coefficient. I believe that the second phase of this journey, assuming we are able to pass the proposal for emissions, will have a lively discussion on the appropriate node set composition, size, geographic distribution etc. to maintain a highly decentralized system.

To reinforce the point of view for SVRN, if we did not fundamentally believe that this proposal will result in value appreciation of NEAR on a relative basis to USD, BTC etc. we would not be making it given we will forgo nearly 1M native NEAR rewards a year from staking revenue.

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_[View the full topic](https://gov.near.org/t/near-governance-discussion-reducing-issuance-to-1-6-and-the-path-to-a-fixed-supply/42595)._