*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.
What is Near?
NEAR Protocol is a fast, scalable blockchain designed for developers and users of decentralized apps. Powered by sharding (Nightshade) and a proof-of-stake consensus, NEAR delivers near-instant transactions, low fees, and an approachable toolchain for building scalable smart-contract-based dApps. The native NEAR token enables staking, governance, and transaction processing, fueling a vibrant ecosystem of DeFi, NFTs, and Web3 apps.
Why does Near have inflation?
Near has inflation to reward validators for securing the network and to fund ongoing development through the ecosystem treasury, ensuring long-term security and growth. This inflationary mechanism aligns incentives by distributing rewards to stakers and contributors while supporting sustainable ecosystem funding.
How is Near inflation calculated?
Near inflation is calculated by comparing the circulating supply from one year ago to today’s supply. The percentage increase in supply over that period is the annual inflation rate. Learn more in our guide: What is cryptocurrency inflation?.
How is Near emission calculated?
Near emission refers to how new coins enter circulation, usually through mining or staking rewards. The emission rate depends on the project’s monetary policy and block reward schedule. Learn more in our guide: What is cryptocurrency emission?.
