NEAR Governance Votes to Scrap Developer Gas Rebate
The House of Stake, NEAR's on-chain governance body, voted in favor of proposal HSP-027, which eliminates the developer gas rebate. As a result, all network gas fees will be burned rather than being partly rebated to smart-contract owners. The change is now set in motion.
Why it matters The elimination of the developer gas rebate means that smart-contract owners on NEAR will no longer receive partial rebates for their network gas fees, which will instead be entirely burned.