PANews reported on October 21st that NEAR officially announced support for three community-proposed economic model upgrades aimed at optimizing token inflation, strengthening network decentralization, and incentivizing governance participation. The core components 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 the adjustment, staking rewards will remain at approximately 4.75% annually, assuming 50% of tokens are staked. 2. HSP-002 Validator Support Program: An annual budget of 100,000 NEAR will be established to subsidize small validators and mitigate the centralization risk associated with inflation reductions. The top 100 validators with the smallest stakes and stable performance will be eligible to receive an additional 150 NEAR per quarter. 3. HSP-003 veNEAR Holder Reward 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 is expected to increase the annualized rate of return for veNEAR holders who participate in governance by an additional 4%-4.5%.