NEAR Developer Gas Rebate Ends With Governance Vote
The post NEAR Developer Gas Rebate Ends With Governance Vote appeared on BitcoinEthereumNews.com. A governance vote on NEAR Protocol just quietly rewrote one of the network’s most fundamental economic rules — and the implications reach well beyond a single line item in a developer’s budget. Key takeaways NEAR’s governance body, House of Stake, passed proposal HSP-027 to eliminate the 30% developer gas rebate on smart-contract calls. After the change, all gas fees will be burned rather than partially returned to contract owners. The vote passed with 46 votes representing 4.66 million veNEAR in favor, versus just 2 votes representing 1,819 veNEAR against. Implementation is expected around August 2026 with the nearcore v2.14 release. Co-founder Illia Polosukhin framed the vote as a test of governance authority over core economic parameters of the protocol. NEAR Governance Approves End to Developer Gas Rebate The House of Stake, NEAR Protocol’s on-chain governance body, passed proposal HSP