NEAR has officially announced its support for three community-proposed economic model upgrades aimed at optimizing token inflation, strengthening network decentralization, and incentivizing governance participation. The key elements include: 1. Halving Inflation Upgrade: NEAR's maximum annualized inflation rate will be reduced from 5% to 2.5% to build a more sustainable token economy. This upgrade will take effect if 80% of validators support it. After this adjustment, staking rewards will remain at approximately 4.75% annually, assuming 50% of tokens are staked. 2. HSP-002 Validator Support Program: This program establishes an annual budget of 100,000 NEAR to subsidize small validators and mitigate the centralization risks associated with inflation reductions. The top 100 most stable validators with the smallest stakes will be eligible to receive an additional 150 NEAR per quarter. 3: HSP-003 veNEAR Holder Rewards Program: To encourage participation in House of Stake governance, a three-month reward program with a total budget of 280,682 NEAR will be established. This program is expected to provide an additional 4%-4.5% annualized return to veNEAR holders who participate in governance. The NEAR Foundation stated that this proposal aims to ensure the long-term security and economic health of the network and further expand NEAR's cross-chain liquidity and AI-driven on-chain economy. The House of Stake governance platform is now live on mainnet, and NEAR holders can participate in voting and governance discussions.