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NEAR Governance Votes to Scrap Developer Gas Rebate

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FOMOGRAM Editorial Desk
Aug 1, 2026
98.5% CONFIDENCE
The Defiant FEED
NEAR Governance Votes to Scrap Developer Gas Rebate
EXECUTIVE SUMMARY

NEAR's on-chain governance body, House of Stake, passed proposal HSP-027 to eliminate the protocol's developer gas rebate, a change that will send all network gas fees to be burned rather than partly rebated to smart-contract owners. NEAR co-founder Illia Polosukhin confirmed the outcome Monday,…

NEAR's on-chain governance body, House of Stake, passed proposal HSP-027 to eliminate the protocol's developer gas rebate, a change that will send all network gas fees to be burned rather than partly rebated to smart-contract owners. NEAR co-founder Illia Polosukhin confirmed the outcome Monday,…

FOMOGRAM SENTINEL GRAVITY TELEMETRY

Eliminating the developer gas rebate could reduce incentives for developers, potentially leading to decreased network activity and lower demand for NEAR.

NEAR OVERALL MARKET INDEX: 27 / 100 (BEARISH)

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