Kinetiq, Hyperliquid's largest liquid-staking issuer, closed its kPoints program with a 10-day paid-claim window at $0.26 per KNTQ. The token slid 20%+ from its $0.448 ATH on Oct 1 toward $0.33.
governance
SVRN's Sal Ternullo filed a NEAR issuance-cut proposal (2.5% → 1.6% over two years), set for a House of Stake vote by Oct 11. Staking yield drops ~5.4% to ~3.5%; ~66M NEAR left unminted.
The Foundation's monthly 40.63M ENA release hits July 2. Three days later a 171.88M cliff — 2.82% of circulating supply — arrives from the Core Contributors and Investors buckets.