NEAR Intents turns cross-chain trading into buying of NEAR on the open market. If the NEAR it buys plus the NEAR burned grows to match the NEAR the protocol issues, all newly issued NEAR is either burned or held off the market.
- People swap tokens across chains through NEAR Intents, and they never need to hold NEAR to do it.
- Since February 2026, the NEAR Intents app and the 1Click API have spent the fees they keep on buying NEAR on the open market, and the NEAR bought is not burned. Gas fees on NEAR are burned, all of them from protocol 87 on.
- New supply grows more slowly: max issuance was halved from 5% to 2.5% a year in October 2025, and HSP-029, a House of Stake proposal, would ramp max issuance down to 1.6% over 2 years, starting 90 days after its vote's timelock ends; it changes issuance only once it is approved and validators adopt it in a protocol upgrade.