Hmm well I understand the team wants to incentivizes behaviors that improve the utility of the protocol, but in a down market like this where liquidity and volume would be low, this is basically diluting long term holders of ref and burrow, while benefiting MMs.
Imagine a future where...
✅ Your AI assistant books flights, negotiates deals & pays autonomously (crypto & fiat)
✅ AI-powered businesses trade services & exchange data seamlessly and securely —no silos, no middlemen
✅AI agents in DeFi and e-commerce collaborate, transact & evolve in real-time
Imagine AITP @near_ai
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Terrible situation with ByBit and it feels important to amplify that all the decisions we made with designing NEAR were exactly to protect from these kinds of situations.
https://t.co/cMMiR5bkQK
NEAR account model:
- human readable addresses
- JSON arguments for calls that are readable and easily parsable by various tools
- Ledger that by default can show all types of transactions in a understandable/verifiable way
- Keys with permissions for allowing applications a subset of actions
- Turning accounts into contracts to enable users who didn’t have much value to make it into multisig without moving their assets or to set up 2FA