NEAR’s staking ratio holds at 46% with $3B staked, Bitwise reports

Stakers stayed put after NEAR halved its issuance, and a new governance vote now proposes trimming it again NEAR cut the rewards it pays stakers in half last year. Stakers, apparently, did not take it personally. Nearly 46% of all NEAR tokens remain staked, according to Bitwise. That works out to 596 million tokens worth $3 billion, and the staking ratio has stayed stable even after the network halved its issuance. The timing is notable.