$8.77
1H
0.31%$0.0271
24H
5.27%$0.4390
7D
20.7%$1.50
30D
14.1%$1.08
NEAR Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees.
NEAR is the native utility token that is used for:
NEAR tools include:
By leveraging the NEAR Protocol Opera users will be able to enjoy the speed and scale with a much lower gas fee than Ethereum offers. The users will be able to transact NEAR assets directly within the Opera browser.
NearPad, the DeFi hub on NEAR’s layer 2 protocol – Aurora, has announced the successful close of its $2m seed round.
This integration will allow users to seamlessly trade assets from other discrete blockchain networks while ensuring that its users get to enjoy the native Ethereum experience.
Aurora aims at providing a seamless experience for developers and users by offering solutions to the transaction fee issues on Ethereum.
With its mainnet release NEAR has launched its “first fully sharded, fully operational proof-of-stake blockchain platform” that allows users to create end-user applications atop the platform.
