Live trackerProtocol parameters re-read from the NEAR mainnet RPC · last update May 24, 2026
MrNasdog Pressure Framework · Tier 1
NEAR, monitored: validators paid in dilution.
NEAR mints 2.51% new supply every year to pay validators. The gas-fee burn cancels ~1.3% of that. The buy ledger is structurally empty.
Protocol parameters (NEAR mainnet RPC)
Max inflation
1/40 = 2.5%/yr
Treasury share
0/1 = 0% to treasury
Validators
409 active
Staking APY
~4.84%
Next 90 days
Structural sell & buy signal for this window
Sell signal
Protocol inflation
~8.1M
Tag AVesting unlocks
0
Foundation lockups
watching
Tag B~8.1M NEAR of structural sell pressure / 90d
Buy signal
Buyback
0
Gas burn (Nightshade)
~0.1M
Tag ANet buy pressure
≈ 0
Buy ledger structurally empty
The full shape
Why the monitor reads the way it does.
Down
↓ ~32.5M NEAR/yr from 2.51% inflation → validators
↓ NEAR Foundation lockup contracts (TBD enumeration)
Up
— no buyback, no fee-share
Gas burn ~0.4M/yr — cancels ~1.3% of inflation
Reference (May 2026)
Total supply
1296.2M
Circulating
1249.8M (96.4%)
Staked
595.6M (47.7%)
Price
$2.43
Market cap
$3.16B
Treasury (treasury.near)
~89.4K NEAR
Confidence. High: max_inflation_rate, protocol_reward_rate, supply, staked total, validator count — read directly from the NEAR mainnet RPC. High: net supply growth and gas burn (NearBlocks daily stats). Not yet pulled: NEAR Foundation lockup balances — the Foundation's legacy reserves sit in a network of lockup contracts; on-chain enumeration is a follow-up project.