Everstake is voting No on the current NEAR inflation proposal, and here is why. We fully support the goal of making NEAR’s tokenomics more sustainable, but we believe this specific approach is too abrupt and could harm validator decentralization. ❗We’re not against lowering inflation. We’re for doing it right: in a way that gives the network time to adapt, protects smaller validators, and is backed by transparent modelling. Key concerns with the current proposal: • No fallback plan if expectations aren’t met • Limited validator support mechanisms • No gradual/phased rollout considered • Risk of increased stake centralization • Lack of shared modelling or impact analysis We’re ready to work with the community on a revised proposal that ensures long-term value without compromising decentralization. 🧵Full context: