Here's how NEAR earns real money and turns it into buying its own token back.
NEAR Intents, its cross-chain settlement layer, takes a fee on every swap routed through it. And the usage is real. Over 540,000 unique users in the last 30 days, $2.1B in volume last month, $23.5B all-time. That's generated nearly $40M in fees.
The protocol's share of that revenue goes into buying NEAR on the open market, and has since February. Real product income turning into steady buy pressure.
The NEAR it buys isn't burned. That's a deliberate choice, buy and hold instead of burn, heading toward a fixed max supply like Bitcoin.
Now add the supply side. New issuance was cut from 5% to 2.5% a year. Fewer new NEAR created, real revenue buying NEAR back, and what's bought stays with holders.
That's what working on the value actually looks like.
CLAUDE HAS A SERIOUS PRIVACY PROBLEM RIGHT NOW, A HUGE NUMBER OF SHARED CONVERSATIONS ARE PUBLICLY INDEXED ON GOOGLE FOR ANYONE TO FIND
when you use claude's share feature it makes a public link. it turns out those links got indexed by search engines, so "share with anyone who has the link" actually became "anyone can find this by searching"
and people are pulling up genuinely alarming stuff:
> api keys, credentials and crypto wallets
> personal resumes with real names, addresses and phone numbers
> a lawyer working through a potential ethics violation
> an engineers internal company project details
> what appear to be peoples social security numbers
> and a crazy number of deeply personal chats people never imagined another human would read
anthropic never added a noindex tag to those shared pages, so search engines were free to crawl and list them
one line of code would have prevented the whole thing
this already happened to chatgpt about a year ago, same exact issue, but openai patched it fast
if you have EVER hit share on a claude chat, assume it could be public
go to settings > privacy > your data > shared chats > manage
delete anything you dont want the whole internet to see, especially anything personal or financial
NEAR mainnet had 9 shards yesterday. It has 10 today.
Nobody forked, nobody paused, nobody coordinated. A shard got busy - the protocol split it in two, live, with blocks flowing. That's dynamic resharding: shipped this Monday, working by Tuesday.
Adding capacity elsewhere is a research program, a governance vote and a hard fork. On NEAR it's a background process.
Demand grows → chain grows.
A NEAR founder is drafting a proposal to make NEAR a FIXED SUPPLY coin. No more inflation, a hard cap, the thing that made Bitcoin Bitcoin.
Right now NEAR prints about 2.4% new tokens a year to pay validators/stakers, a quiet tax on every holder. FIXED SUPPLY ENDS THAT. The coins that exist become all the coins there will ever be.
The usual catch is that this inflation is what pays for security. NEAR barely needs it, because the cryptography does the heavy lifting. With SPICE, the upcoming upgrade that splits ordering transactions from computing them, one node executes a state transition and publishes a proof, and everyone else just checks that proof. a single honest prover keeps the chain correct, and a fake proof gets rejected on sight. You can't cheat math, so you don't need inflation to keep the network safe.
So who pays validators without inflation? real revenue does. NEAR already earns serious fees from Intents and apps, more than enough to pay validators a flat, predictable reward, even fixed in dollar terms, for keeping high-uptime infrastructure online. it stays permissionless: anyone can run one, and the pay comes from real usage, not from any foundation's goodwill.
+Bitcoin capped supply but tied its security to a reward that shrinks toward zero. NEAR can cap supply and pay for security out of real usage instead.
near:native , the soundest money thesis in crypto, on a chain that actually gets used.
@vinibarbosabr Firstly, I searched the standard NEAR repo, but I didn't find anything there. Then I asked Gemini what the contract was, and he found it right away. Next, I verified the information I found and posted about it. Gemini it's the best AI for finding information👌
@vinibarbosabr 1.Missing check on the prepaid_gas
2. github. com/linear-protocol/LiNEAR/blob/main/contracts/linear/src/fungible_token/core.rs:54-92
3. BlockSec - Security Audit Report for LINEAR - 2022
@vinibarbosabr There's no #[private] before "pub fn callback_after_stake" here. Every callback method that should only be callable by your contract must use the #[private] decorator/
NEAR Intents just crossed $20B in all-time volume.
And it got there fast. The first $10B took until January. The second $10B took four months. The line isn't rising, it's bending.
One day last week cleared over $2B in cross-chain swaps. In January, that was a full month of volume.
25M+ swaps, 70+ assets, any chain to any chain, nothing to sign up for. It quietly turned into one of the busiest settlement layers in crypto while everyone argued about L2s.
Twenty billion, and the curve's going vertical.
Today I built my first DCA strategy under the management of the agent @IronClawAI, a quick, clear understanding of the problem and a technically competent solution. Further - more, this is just the beginning of my journey