NEAR: ON THE EVIDENCE

The claim under test: NEAR's real business is becoming Intents and cross-chain flow, not base-chain gas — so fee capture, buybacks and the HSP-029 issuance cut matter more to NEAR's long-term value than headline TVL. Every number below was pulled from free public APIs at build time and can be re-pulled by anyone: node build-data.mjs.

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The dashboard

actuals · sliders model a scenario

Every figure is the fetched actual (30d averages where the source reports them), and every box carries its own slider. Drag one: linked statistics are re-inferred live at the actual coupling ratios, coupled sliders moving in sync — several boxes share one driver (fees, price, burn, accounts, transactions). Inferred figures get an est tag and the difference vs the actual; actuals are never overwritten, and scorecard verdicts re-run under your scenario with the same rules. TVL and stablecoins are uncoupled: their sliders move only their own box.

Coupling ratios & method — every ratio the sliders use

Thesis scorecard

Each claim gets a verdict from a stated rule, applied to the fetched data. Contradicted claims stay on the board — that is the point of testing a thesis. While a scenario is dialled in above, badges re-grade under it and changed verdicts are flagged.

The numbers

HSP-029 issuance simulator

HSP-029 (passed Nov 2, 2026, as reported) cuts NEAR's maximum annual issuance from 2.5% to 1.6%: ~3 months grace, then a linear 24-month phase-in, 90/10 staker/treasury split kept. This is a model, not a measurement — drag the sliders and watch the endpoints move. Model code: model.js, unit tests: test/model.test.mjs.

Maximum annual issuance rate, % — HSP-029 path
Cumulative NEAR not issued vs status quo

Chain snapshot (NEAR public RPC)