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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 developer incentives, negatively impacting NEAR's ecosystem and utility.

NEAR OVERALL MARKET INDEX: 27 / 100 (BEARISH)

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