Surprised how many people read the Bitget story as FUD for NEAR. NEAR Intents refused swaps traced to the hack and froze money mid-execution. That is bullish af, and here are 5 reasons why.
> Easiest time ever to be on NEAR's BD team. If your L2/L3/app was choosing how to do cross-chain, you now have proof that NEAR Intents screens stolen funds before they reach your users. It comes with the integration and costs nothing.
> Your Intents withdrawals stay clean. When a venue lets stolen funds through, the taint lands on whoever receives the output next. People have had CEX accounts frozen over coins they bought honestly and could not explain. Screening at the door protects everyone standing behind it.
> Every institution wants partners who behave like this. Nobody integrates infrastructure hoping it will maximise fees from whoever walks in. You want a counterparty who understands that user trust outlives swap revenue, and you want to know that before you need it.
> Attacking anything on NEAR chain got more expensive. Stealing is only the easy part of a hack. Exiting became the hard part, and the exits are CEXes or cross-chain venues. Good luck cashing out.
> Near SHIELD is clearly a product. Bitget's CEO posted its name and told other protocols to copy it. Every future incident is a live demo. NEAR needs more revenue lines, and this one showed up with a case study attached.
Risk intelligence compounds. Every integration widens what it sees, and a wider view catches the next one faster.
That is Cloudflare's game. Give the protection away, end up in front of enough traffic to see every attack early, and the thing you gave away becomes the moat.
NEAR Intents already stands where cross-chain value crosses. Nobody catches up by shipping a better screener. They would have to become the crossing too.
You asked, we listened. 🔐
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Please note, this update is only for the web wallet and extension currently.
@andyyy@DefiLlama Buyback only makes sense if the revenue actually reaches the token. On NEAR, you can exchange fees from any network for your own token via Intents, without the hassle of bridges.
Top-level account (TLA) is the root of a NEAR name - the suffix after the dot.
.near has been the default.
The launch of https://t.co/Gion1478G6 adds new roots: .art, .agent, .legion, .music, and many others.
You can have one name that apps, agents, and people all recognize directly in meteor app
Access on Meteor Explore!
.meteor coming soon ☄️
Has a crypto team ever delivered such a rapid fire of incredible wins in such a short period of time like $NEAR just did?
1. Private perps with $HYPE
2. $ONDO RWA integration
3. Hyperliquid spot listing
4. Support the best memecoin on solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx - solana:6UtY9iTZMQQ5QZVrbzFnNaJntV7oySm9k97mvwnuZcxr
Something for literally every crypto demographic out there.
mert taking more $near mindshare and going after $eth
listen to the bald hairy strong tattooed crypto dictator
most importantly, @NEARProtocol is actually useful and has an app with sleek UI/UX built on near intents with growing usage and revenue
for those who didn't know near co-founder is the co-author of "Attention is all you need", the paper that laid out the tek behind most AIs today
I started DCAing $near recently and will keep doing so
the tek is there and the meme is there (ai+privacy)
as mert mentioned a bit of tokenomics (buybacks probably) and all memes + tek wld be aligned
A lot of OGs faded @NEARProtocol because it always seemed slightly out of touch with the meta. Now NEAR is dead centre on chain abstraction, AI and revenue (still a meta 😅). The tech has always been great but narrative didn't line up, now it has and it is going to keep ripping.
When a chain runs, the thing that moves hardest is usually not the chain token. It is the exchange and the lending protocol built on top of it.
So I went looking on NEAR. Only two projects are genuinely native to it, and together they are worth about 17 million dollars.
Honestly, hats off to the NEAR team. People, including myself, have given them grief for various different reasons throughout the years, but the team continued to persevere and iterate on the product.
the importance of NEAR is that it was very heavily venture backed and absorbed hundreds of millions of dollars of unlock sales completely. the VCs are out now.
this helps resolve the debate for institutional allocators, "Can anything other than BTC work"
40% of total supply staked
30 days cool down period of every unstake
Instant un-stake -> 10% fee
7 days un-stake -> 5% fee
15 days un-stake ->2% fee
50% of un-stake fee = burn
50% of un-stake fee = re-distribute to stakers
RHEA Staking on Solana go live tomorrow
https://t.co/eoVptwxwzP
NEAR is the generalized version of ZEC
ZEC encrypts your money
NEAR encrypts your commerce
Shielded ZEC doesn’t make the rest of your life private.
For everything else, there’s NEAR.