#NEAR Archives - Smart Liquidity Research https://smartliquidity.info/tag/near/ Crypto News & Data Space Sun, 19 May 2024 06:09:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://smartliquidity.info/wp-content/uploads/2021/03/cropped-512-1-1-32x32.png #NEAR Archives - Smart Liquidity Research https://smartliquidity.info/tag/near/ 32 32 CodeXchain integrates with NEAR Protocol https://smartliquidity.info/2024/05/19/codexchain-integrates-with-near-protocol/ Sun, 19 May 2024 06:09:15 +0000 https://smartliquidity.info/?p=92965 CodeXchain integrates with NEAR Protocol. In a thrilling turn of events in decentralized tech, CodeXchain is thrilled to reveal its dynamic partnership with the renowned NEAR Protocol, a powerhouse in decentralized applications (dApps). This game-changing alliance ushers in a new era of making blockchain development accessible to the masses, amplifying CodeXchain’s dedication to championing builders […]

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]]> CodeXchain integrates with NEAR Protocol. In a thrilling turn of events in decentralized tech, CodeXchain is thrilled to reveal its dynamic partnership with the renowned NEAR Protocol, a powerhouse in decentralized applications (dApps). This game-changing alliance ushers in a new era of making blockchain development accessible to the masses, amplifying CodeXchain’s dedication to championing builders in all popular Web3 ecosystems.

NEAR Protocol is synonymous with speedy and scalable architecture, and CodeXchain’s cutting-edge AI solutions are a match made in digital heaven. Harnessing the power of NEAR’s fragmented blockchain and its developer-friendly environment, CodeXchain puts the reins in the user’s hands. Create tokens, NFTs, websites, apps, and more with just a few clicks – no coding wizardry needed! This partnership with NEAR, further enhanced by the Aurora, ushers in a new era of possibilities.

Discover the Wonders of CodeXchain Integration with NEAR

Various important factors influenced the choice to collaborate with the NEAR Protocol. Initially, NEAR’s sharded blockchain structure enables high throughput and quick confirmation times, making it suitable for a variety of decentralized applications.

Moreover, NEAR’s user-friendly environment and affordable fees make it an excellent platform for CodeXchain’s no-code AI tools. This empowers users to enhance the development process and foster innovation without facing technical obstacles.

NEAR’s focus on security and scalability aligns with CodeXchain’s aim to provide a reliable blockchain development experience. By integrating with NEAR Protocol, CodeXchain ensures builders have access to a robust infrastructure for their projects’ future growth and success.

The partnership of CodeXchain and NEAR Protocol is a milestone in blockchain evolution, democratizing development and empowering builders to create decentralized solutions. Such collaborations are crucial for driving Web3 adoption and realizing the full potential of decentralized technology.

In Summary

The integration with NEAR Protocol underscores CodeXchain’s commitment to providing users with cutting-edge tools and technologies that simplify the development process and accelerate innovation in the blockchain space. With NEAR’s scalable infrastructure and CodeXchain’s no-code AI solutions, the future of decentralized technology has never looked brighter.

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]]> The NEAR Fast Finality Layer Goes Live on Holesky! Developed by NEAR Protocol, Nethermind & Eigen Layer https://smartliquidity.info/2024/05/10/the-near-fast-finality-layer-goes-live-on-holesky-developed-by-near-protocol-nethermind-eigen-layer/ Fri, 10 May 2024 11:38:55 +0000 https://smartliquidity.info/?p=92667 The Ethereum network’s embrace of rollups marks a significant step for decentralized applications (dApps) and smart contracts.However, challenges like fragmented liquidity and slow finality times are emerging alongside this progress. These issues hinder user experience and innovation. Here comes NEAR Fast Finality Layer (NFFL), a collaborative effort by NEAR, Nethermind, and EigenLabs. NFFL tackles these […]

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]]> The Ethereum network’s embrace of rollups marks a significant step for decentralized applications (dApps) and smart contracts.However, challenges like fragmented liquidity and slow finality times are emerging alongside this progress. These issues hinder user experience and innovation.

Here comes NEAR Fast Finality Layer (NFFL), a collaborative effort by NEAR, Nethermind, and EigenLabs. NFFL tackles these issues, paving the way for a more robust and accessible Ethereum ecosystem.

What is NFFL?

NFFL is a cutting-edge infrastructure layer designed to deliver fast finality for transactions across Ethereum’s Layer 2 rollups and beyond. It achieves this by leveraging the security mechanisms of both the Ethereum network (through EigenLayer’s restaking) and NEAR’s validator guarantees. This unique combination enables transactions to be finalized in seconds, a significant improvement over the hours or days required by current rollup solutions. NFFL aims to address longstanding issues related to speed, cost, and communication between different blockchains.

How Does NFFL Work?

NFFL’s design prioritizes both speed and security. Here’s a breakdown of the process:

  1. Transaction Submission: Rollups like Polygon or Arbitrum submit transactions to NEAR DA.
  2. Verification: NFFL nodes retrieve transaction data directly from NEAR DA and execute them according to the rules of the specific rollup’s virtual machine.
  3. Restaker Consensus: After individual NFFL nodes verify the transactions, they are signed and aggregated across the network, confirming a valid state transition on the rollup.
  4. Cross-rollup Settlement: The aggregated signature from the NFFL nodes is published on the target rollup, allowing it to access the latest state of the source rollup.
  5. Final Settlement: Transactions are eventually finalized on the Ethereum blockchain, upholding the network’s security and integrity.

This process streamlines transaction times while establishing the necessary security and trust minimization for seamless interactions between different rollups.

NFFL: A Cornerstone for Chain Abstraction

One of NFFL’s most significant contributions lies in its support for chain abstraction. This concept aims to simplify user and developer interactions with blockchains, making the underlying technology virtually invisible to end-users. By offering a layer that provides fast, secure, and interoperable transactions, NFFL is a critical step towards a future where applications and assets can move freely across the blockchain ecosystem, unhindered by current technical limitations.

The implications of NFFL extend far beyond just improved transaction times and lower costs. It paves the way for a future where:

👨🏻‍💻 Developers: Can create dApps that leverage the strengths of multiple Layer 2 solutions without sacrificing speed or security.

👤 Users: Can enjoy seamless experiences across different platforms, from trading assets to borrowing and lending, without being bogged down by the complexities of cross-chain transactions.

🌐 The Blockchain Ecosystem: Becomes more unified and accessible, fostering innovation and adoption across various industries.

A Collaborative Vision

The NEAR Fast Finality initiative is driven by a powerful collaboration between NEAR, Nethermind, and EigenLabs. This partnership brings together diverse expertise and a shared vision of achieving a more scalable, efficient, and user-centric Ethereum network. NEAR’s innovative blockchain approach, Nethermind’s proficiency in Ethereum infrastructure and security, and EigenLabs’ groundbreaking work on the EigenLayer protocol all contribute to the NFFL project. This collaboration exemplifies a collective dedication to pushing the boundaries of blockchain technology.

Testing and the Future

We’re excited to announce that the NEAR Fast Finality Layer (NFFL) is now live for testing on the Holesky testnet. This deployment allows developers to explore NFFL’s capabilities and provide valuable feedback to further enhance its functionality.

The NEAR Fast Finality Layer represents a significant step forward in our mission to improve the Ethereum ecosystem’s scalability and interoperability. Faster and more secure transactions set the stage for a new wave of blockchain innovation. Future releases will include the ability for rollups to select their preferred DA layer, such as EigenDA.

About Nethermind

Nethermind stands as a leading research and software engineering company dedicated to developing tooling and infrastructure for blockchain ecosystems, with a specialization in Ethereum and Layer 2 solutions. With a steadfast focus on enhancing security, scalability, and stability, Nethermind drives innovation and adoption within the blockchain industry.

Website | Twitter

About NEAR Protocol

NEAR Protocol is a blockchain platform designed to be user-friendly, secure, and scalable. It achieves this through features like sharding (splitting the blockchain for faster processing) and a Proof-of-Stake system (uses less energy than other methods). NEAR aims to be a foundation for decentralized applications (dApps) and competes with Ethereum by offering faster transaction speeds and lower costs.

Website | Twitter

About Eigen Layer

Eigen Layer is an Ethereum-based protocol that revolves around a concept called “restaking.” This allows users who have already staked their Ethereum (ETH) to essentially re-stake it for additional purposes. Eigen Layer acts as a middle layer, enabling staked ETH to be used to secure other applications built on Ethereum, boosting overall security and potentially increasing rewards for stakers. It also offers an alternative data availability option for Layer 2 scaling solutions.

Website | Twitter

Source:
https://medium.com/nethermind-eth/near-fast-finality-layer-live-on-testnet-c13023f87f75

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]]> SubQuery Selecting NEAR Data Indexer https://smartliquidity.info/2023/06/25/subquery-selecting-near-data-indexer/ Sat, 24 Jun 2023 21:43:58 +0000 https://smartliquidity.info/?p=90480 SubQuery Selecting NEAR Data Indexer simplifies the process of querying and retrieving data. Indexing blockchain data simplifies searching and accessing application-relevant information, saving developers time and resources by reducing manual parsing and processing. SubQuery Selecting NEAR Data Indexer. Additionally, an indexer enhances scalability by allowing efficient data retrieval, even as the blockchain grows in size. It […]

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]]> SubQuery Selecting NEAR Data Indexer simplifies the process of querying and retrieving data.

Indexing blockchain data simplifies searching and accessing application-relevant information, saving developers time and resources by reducing manual parsing and processing. SubQuery Selecting NEAR Data Indexer.

Additionally, an indexer enhances scalability by allowing efficient data retrieval, even as the blockchain grows in size. It provides a convenient way to aggregate and analyse data, enabling developers to build more complex and data-driven applications on NEAR.

There are many different options when it comes to indexers on NEAR and today we’re going to compare them.

NEAR Indexer Framework and NEAR Lake Framework are two different tools provided by NEAR Protocol for indexing and querying data on the NEAR blockchain. The NEAR Indexer Framework requires high expertise and constant maintenance for NEARcore upgrades and sync states. It also requires Rust programming language understanding. On the other hand, the NEAR Lake framework requires only one deployment and is completely centralized.

NEAR Indexer Framework embeds the full NEAR node, making it resource-intensive and expensive. NEAR Lake Framework, on the other hand, focuses on efficient data storage and retrieval, making it better suited for handling large-scale data sets without the overhead of running a full node.

In comparison, SubQuery is a broader data indexing and querying solution that works across multiple blockchain networks, including NEAR. SubQuery offers developers a typescript-based development experience for building applications interacting with blockchain data sources, including NEAR, making it suitable for data aggregation and cross-chain analysis projects.

Another noteworthy feature of SubQuery that neither of the two NEAR indexers have is its support for NEAR Aurora’s EVM contract layer. NEAR Aurora is a compatibility bridge that enables the execution of Ethereum Virtual Machine (EVM) contracts on the NEAR blockchain. With SubQuery, developers can index and query data from both NEAR’s native smart contracts and EVM-based contracts on NEAR Aurora, providing a comprehensive view of the ecosystem.

Lastly, it is worth mentioning that NEAR Lake Indexer has been criticised for its centralised nature. Centralization of data can raise concerns about availability, trust, and censorship resistance. SubQuery, on the other hand, supports NEAR on a decentralized network, offering a more distributed and resilient solution for blockchain data indexing. Alternatively, SubQuery is lightweight that you can run yourself, and it is even possible to run it on a raspberry pi!

By leveraging SubQuery’s indexer on NEAR, developers can focus on building their applications and user experiences, rather than spending significant effort on low-level blockchain data management tasks.

Website | Twitter

About Near

Near platform patented technology analyzes data on approximately 1.6 billion unique user IDs and 70 million points of interest in more than 44 countries. Near then delivers actionable insights on consumer behavior at a global scale, empowering Marketing and Operational Leaders to confidently reach, understand, and market to highly targeted audiences and optimize their business results.

Website | Twitter

SOURCE: https://blog.subquery.network/near-indexer-comparison/?lng=en

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]]> NEAR integrates Wormhole to provide ZK-enabled cross-chain communication with Ethereum. https://smartliquidity.info/2023/05/19/near-integrates-wormhole-to-provide-zk-enabled-cross-chain-communication-with-ethereum/ Fri, 19 May 2023 15:40:12 +0000 https://smartliquidity.info/?p=89566 NEAR Foundation has chosen to bolster its multi-chain interoperability by integrating with Wormhole, harnessing the power of cutting-edge Zero-Knowledge (ZK) light clients.  This strategic move revolutionizes secure Web3 application communication, unlocking vast potential across diverse sectors including DeFi, NFTs, and governance. The integration represents a tangible stride towards a less abstract and more interconnected, trustless […]

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]]> NEAR Foundation has chosen to bolster its multi-chain interoperability by integrating with Wormhole, harnessing the power of cutting-edge Zero-Knowledge (ZK) light clients. 

This strategic move revolutionizes secure Web3 application communication, unlocking vast potential across diverse sectors including DeFi, NFTs, and governance. The integration represents a tangible stride towards a less abstract and more interconnected, trustless Web3. By incorporating Wormhole’s technology, NEAR Foundation envisions a practical shift where cross-chain transactions become efficient, secure, and user-friendly.

In this integration, Wormhole’s role is vital, employing its advanced technology to connect the NEAR ecosystem with over 20 other high-value blockchain networks.

The integration enables synergy of Wormhole Connect’s technology with NEAR’s Blockchain Operating System (BOS) to enhance developer access to multiple chains and diverse liquidity. It will also serve to break down barriers for casual users, blending complex blockchain tech with a user-friendly experience.

Born from this integration is the trustless NEAR <> ETH corridor, an innovation powered by Wormhole and secured by Zero-Knowledge (ZK) Proofs.

The NEAR <> ETH corridor represents a new class of zk-enabled bridges, offering heightened interconnectedness between the NEAR ecosystem and a multitude of Wormhole-facilitated applications. This trustless corridor is poised to catalyze more efficient and secure transactions, symbolizing a substantial stride toward a fully interoperable Web3 ecosystem.

Also, as part of the integration work, developers are building the first ZK light clients, which will play a crucial role in supporting the trustless NEAR <> ETH corridor.

About NEAR

NEAR is a carbon-neutral layer-1 blockchain network that is scalable and secure thanks to its unique implementation of sharding called Nightshade. NEAR is built with a focus on usability and ease of use, for both developers and users.

About Wormhole

Wormhole is a cross-chain messaging protocol. It allows different blockchain networks to communicate with each other and is often used to bridge assets from one network to another. For example, if users wanted to transfer Ether (ETH) from the Ethereum network to the Solana network, they could do so using Wormhole.

SOURCE:

https://near.org/blog/near-integrates-wormhole-to-launch-zk-enabled-cross-chain-communication-with-ethereum/

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]]> Near Foundation Unveiled Near Horizon https://smartliquidity.info/2023/05/06/near-foundation-unveiled-near-horizon/ Sat, 06 May 2023 11:53:02 +0000 https://smartliquidity.info/?p=89232 The Near Foundation has unveiled its latest initiative, Near Horizon, a cutting-edge platform designed to offer a seamless and highly efficient experience for decentralized app developers. This innovative platform seeks to leverage the power of blockchain technology to enhance scalability and security in the world of decentralized applications. Near Foundation Unveiled Near Horizon With Near […]

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]]> The Near Foundation has unveiled its latest initiative, Near Horizon, a cutting-edge platform designed to offer a seamless and highly efficient experience for decentralized app developers. This innovative platform seeks to leverage the power of blockchain technology to enhance scalability and security in the world of decentralized applications.

Near Foundation Unveiled Near Horizon

With Near Horizon, developers can access a wide range of tools and resources that make it easier to build, deploy, and manage decentralized apps. The platform offers robust features such as sharding, parallel processing, and smart contracts, all of which are designed to streamline the development process and enhance performance.

The Near Foundation recognizes that the future of the decentralized app ecosystem relies on the ability of developers to create highly scalable and secure applications. With Near Horizon, developers can now build high-performance apps without worrying about the scalability and security limitations that have plagued the industry for years.

In addition to offering top-notch features and resources, Near Horizon also boasts a highly engaged and supportive community of developers who are passionate about creating decentralized apps. This vibrant community offers a wealth of knowledge and expertise, providing a valuable resource for developers looking to hone their skills and collaborate with other like-minded individuals.

Overall, Near Horizon is an exciting development for the decentralized app ecosystem, offering a powerful new platform for developers to build cutting-edge applications that are scalable, secure, and highly efficient. With the support of the Near Foundation and its dedicated community, developers can now unlock the full potential of blockchain technology and drive innovation in this rapidly growing industry.

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]]> Cosmose partners with Near https://smartliquidity.info/2023/04/27/cosmose-partners-with-near/ Thu, 27 Apr 2023 05:10:13 +0000 https://smartliquidity.info/?p=88918 Cosmose partners with Near Foundation to expand the application of AI in Consumer Retail. Cosmose was valued at $500m in the Latest Strategic Investment. The investment will support the transition to the Web3 ecosystem for a better experience and data protection for Cosmose users.  Cosmose AI (“Cosmose” or “the Company”), the global platform that predicts […]

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]]> Cosmose partners with Near Foundation to expand the application of AI in Consumer Retail. Cosmose was valued at $500m in the Latest Strategic Investment. The investment will support the transition to the Web3 ecosystem for a better experience and data protection for Cosmose users. 

Cosmose AI (“Cosmose” or “the Company”), the global platform that predicts and influences how people shop offline, today announced the strategic investment from NEAR Foundation, a leader in Web3 technologies, valuing the company at $500 million. With this new investment, Cosmose is set to apply Web3 principles and further advance the AI-driven retail ecosystem.

Founded in 2014, Cosmose AI connects the best of offline and online to create a seamless experience for shoppers and increase sales for retailers. Cosmose empowers some of the world’s most prominent companies including LVMH, Richemont, L’Oréal and Estée Lauder, whilst also offering AI-driven recommendations to its users encouraging them to shop in nearby stores saving time, money, and the environment.

NEW INVESTMENT

With the new investment, Cosmose will continue to innovate within the Web3 ecosystem. It will also create a seamless experience for shoppers and increase sales for retailers. NEAR Protocol is the most advanced blockchain technology available today, offering the fastest and most energy-efficient solutions for data storage and management. By leveraging the power of Web3, Cosmose can ensure that users maintain complete control over their data and benefit from the ecosystem they help create. This approach ensures the highest level of privacy for users and aligns with the Company’s commitment to user safety.

Through the partnership with NEAR Foundation, Cosmose Media, and KaiKai, the two Cosmose AI products, will advance Web3-driven innovations. KaiKai has been successfully leveraging NEAR Protocol through the creation of its cryptocurrency utilized for payments, cash-back, and rewards: Kai-Ching. Thanks to Kai-Ching, shoppers and retailers benefit from shorter payment processing times and significantly lower fees.

We are grateful for the ongoing support from NEAR Foundation and are excited about what’s to come. NEAR is the most secure, scalable, and sustainable blockchain protocol. Having built on NEAR in 2022 and while working with NEAR Foundation we discovered that our visions for the Web3-driven future are aligned. Together, NEAR and Cosmose AI will build a future where more than 1 billion users can benefit from the ecosystem they are part of, remain in full control of their data, and have a superior shopping experience thanks to AI-driven personalization.”—Miron Mironiuk, Founder and CEO of Cosmose AI

“We are excited to be supporting Cosmose as it continues to scale rapidly and to create new ways for retailers to offer customers the best and most seamless offline and online shopping experiences. The company’s excellent AI innovation will help to intensify its global marketplace lead and with our support – give it the means to leverage the full potential of Web3 in a way that is sustainable, transparent, and infinitely scalable. The company already boasts a strong user base – and with superior AI-driven personalization that number will continue to grow – as new and existing customers will be seamlessly transitioned into the world of Web3 and the exciting opportunities it brings.”—Marieke Flament, CEO of Near Foundation

“This strategic investment from NEAR is a testament to the strength of Cosmose AI’s technology and the potential for its artificial intelligence solutions to revolutionize the convergence of e-commerce and the retail industry. We look forward to seeing the continued growth and success of Cosmose AI.”—George Raymond Zage III, Founder and CEO of Tiga Investments

ABOUT Cosmose AI

Cosmose AI connects the best of offline and online to create a seamless experience for shoppers and increase sales for retailers. Cosmose AI employs world-class talents in its offices in Paris, Warsaw, Singapore, Hong Kong, Shanghai, and Tokyo. It also includes winners of international programming competitions ACM ICPC and IOI. The Cosmose AI empowers some of the world’s most prominent companies including LVMH, Richemont, L’Oréal and Estée Lauder. Whilst also offering AI-driven recommendations to its users encouraging them to shop in nearby stores saving time, money, and the environment.

Website | Twitter

ABOUT Near Foundation

The Near Foundation is a Swiss non-profit that supports the ongoing growth and development of the Near Protocol. It is a high-performance carbon-neutral blockchain that is designed to be super-fast, incredibly secure, and infinitely scalable. Near is built by an award-winning team of engineers and entrepreneurs to be simple to use, inclusive, and good for the environment.

Website | Twitter

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]]> Near Joing Hands with BORA https://smartliquidity.info/2023/03/08/near-joing-hands-with-bora/ Wed, 08 Mar 2023 07:42:37 +0000 https://smartliquidity.info/?p=87282 Near is thrilled to announce its partnership with BORA, a Web3 gaming subsidiary of METABORA. Near and BORA will support each other in spreading local brand awareness, invest in research and collaboration on cross-chain, host events, and generate Web3 opportunities in Korea.  With an emphasis on game production and blockchain-based gaming ecosystems. BORA is a […]

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]]>

Near is thrilled to announce its partnership with BORA, a Web3 gaming subsidiary of METABORA. Near and BORA will support each other in spreading local brand awareness, invest in research and collaboration on cross-chain, host events, and generate Web3 opportunities in Korea. 

With an emphasis on game production and blockchain-based gaming ecosystems. BORA is a partner of Kakao Games and BORANETWORK, the latter of which being BORA’s parent business. Its mobile gaming titles include Friends Popcorn, Friends Town, and Friends Shot.

“We are thrilled to be working with Near and welcome their expertise, knowledge and network as we aim to transform the world of Web3 gaming,” said Vincent Lim, a CBO of BORA. “Together with Near we will not only explore cross-promotion opportunities, but also seek future collaborations on IP-based game development that will lead to mass adoption and give us the competitive edge we need to position ourselves as leading players in the web3 gaming space.”

Since the launch of Near’s Korean Hub in November of 2022, BORA has been steadily building up awareness throughout South Korea. While focusing on Web3  innovation, business development, education, and talent. The hub is led by entrepreneurs Scott Lee and Ben Kang — both influential figures within South Korea’s growing blockchain community.

“One of the big ambitions of the hub  is  to tap into the country’s active gaming community, and to  bring  amazing projects and creators to the Near ecosystem.” said Robbie Lim, GM, Partners & International at Near. “ The partnership with BORA is our first major win – and a big step forward for NEAR as it accelerates its ambition to become the go to layer 1 for the Web3 gaming community.” 

 

About NEAR

NEAR is the next generation of blockchains. It enables to bring Web3 to the masses. NEAR is a user-friendly and carbon neutral blockchain, built from the ground up to be performant, secure, and infinitely scalable.

Website | Twitter

 

About BORA

BORA 2.0 aim to advance the level of transparency and to enhance user experience. By introducing various products to support the ecosystem. BORA 2.0 plans to establish an expanded ecosystem by actively engaging in community communication via various channels. With BORA 2.0 renewal, BORA will realize their vision to become the ecosystem. To ‘Store, secure and grow your entertainment crypto assets’.

Website | Twitter

 

SOURCE: NEAR BLOG

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]]> Near Foundation’s Grant Program https://smartliquidity.info/2023/01/05/near-foundations-grant-program/ Thu, 05 Jan 2023 12:04:38 +0000 https://smartliquidity.info/?p=85040 Near Foundation’s Grant Program was announced to help new developers to grow their projects in NEAR Ecosystem. This is in line with the Foundation’s goal of providing a clear and concise update to continue to foster transparent communication.  At this time, NEAR Foundation is actively working towards a more decentralized model of capital allocation that […]

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]]> Near Foundation’s Grant Program was announced to help new developers to grow their projects in NEAR Ecosystem. This is in line with the Foundation’s goal of providing a clear and concise update to continue to foster transparent communication. 

At this time, NEAR Foundation is actively working towards a more decentralized model of capital allocation that will initially involve the DeveloperDAO, MarketingDAO, and CreativesDAO, with an additional DAO that will begin formation in Q1 of 2023.

 This will impact the ecosystem in the following ways:

  • Effective immediately, NEAR Foundation will cease allocating capital directly from its inbound start-up grants program. With the exception of its current events grants, which will be handed over to the MarketingDAO when they are set up to manage them.
  • In January and February, they will work directly with community members to outline a transparent application process for funding via the DAOs. Processing time is expected to take 6-8 weeks.
  • Any projects that have already received a portion of their funding and are working towards their agreed milestones will continue to be supported through the remaining milestones.
  • In addition, any application that is not already in the approval stage will not receive funding.

However, Near Foundation, does its best to redirect users or developers to appropriate, alternative funding sources.

Furthermore, NEAR Foundation’s goal is to empower the ecosystem to make decisions that support the strategic approach that will drive NEAR  to the next phase of its roadmap, with a look ahead at new areas of product and development, as outlined in the NEAR Strategic Update and Outlook for 2023. It will continue to be as transparent as possible about the new funding strategy as it rolls out. The Foundation will also communicate as often, and as frequently, as possible.

ABOUT Near Protocol

The NEAR protocol is a sharded, proof-of-stake, layer-one blockchain that is simple to use, secure and scalable.

Website | Twitter

ABOUT NEAR Foundation

Near Foundation is a non-profit foundation headquartered in Switzerland. It is responsible for contracting protocol maintainers, funding ecosystem development, and shepherding core governance of the NEAR protocol.

Website | Twitter

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]]> NEARStarter Partners with Trisolaris Labs https://smartliquidity.info/2023/01/04/nearstarter-partners-with-trisolaris-labs/ Wed, 04 Jan 2023 15:09:53 +0000 https://smartliquidity.info/?p=84975 NEARStarter is proud to enter a brand-new strategic partnership with Trisolaris Labs, the leading AMM DEX on Aurora! NEARStarter & Trisolaris Partnership As you are aware, NEARStarter team is getting ready to perform the IDO of their very own $NSTART, the governance & utility token of NEARStarter incubator and launchpad. With exceptional teams, community, and […]

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]]>

NEARStarter is proud to enter a brand-new strategic partnership with Trisolaris Labs, the leading AMM DEX on Aurora!

NEARStarter & Trisolaris Partnership

As you are aware, NEARStarter team is getting ready to perform the IDO of their very own $NSTART, the governance & utility token of NEARStarter incubator and launchpad.

With exceptional teams, community, and technology, NEARStarter is accelerating the finest and brightest projects in the NEAR ecosystem. When the time comes for their token launch, these projects will require NSTART token to be widely distributed and staked, so as to have a wide base of potential investors with which to bootstrap their funding and their community building!

Acknowledging the superior UX/UI of trading in Trisolaris Labs, and seeing no coincidence in their tremendous lead in the Aurora ecosystem, theyare happy to announce that $NSTART token will have a liquidity pool in Trisolaris!

The pool will be $NSTART:$ETH. Said pool will be activated and seeded with liquidity hours before the actual TGE, and its existence and address will be widely communicated by both NEARStarter and Trisolaris to avoid any potential scams or third-parties creating their fake versions of NSTART.

NEARStarter and Trisolaris will hold joint marketing and community building around this partnership.

Keep an eye on their networks and stay tuned for additional news.

About Trisolaris

Trisolaris is the leading AMM DEX trading platform in Aurora. It enables a seamless trading experience similar to native Ethereum for a fraction of the cost, taking advantage of the great underlying architecture provided by the Aurora engine.

Website | Twitter

About NEARStarter

NEARStarter is a DAO-governed incubator acting as the ultimate growth engine for the NEAR and Aurora ecosystem.

$NSTART token is the fuel that fires the NEARStarter system and its utility will evolve even further in the future. The $NSTART allows users to participate in their IDOs, as well as their staking and rewards mechanisms.

Website | Twitter

SOURCE: MEDIUM

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]]> Multichain Integrates NEAR Protocol https://smartliquidity.info/2022/12/01/multichain-integrates-near-protocol/ Thu, 01 Dec 2022 17:33:44 +0000 https://smartliquidity.info/?p=83598 Multichain Integrates NEAR Protocol, so developers can interact with NEAR seamlessly and freely with 0% cross-chain fee charged. This integration enables USDT, USDC, wBTC, among others, to be bridged between NEAR and 15+ chains, including Ethereum, Polygon, BNB, Arbitrum, and Avalanche, among others. The combined initial liquidity between NEAR side and EVM chains side is currently […]

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]]> Multichain Integrates NEAR Protocol, so developers can interact with NEAR seamlessly and freely with 0% cross-chain fee charged.

This integration enables USDT, USDC, wBTC, among others, to be bridged between NEAR and 15+ chains, including Ethereum, Polygon, BNB, Arbitrum, and Avalanche, among others.

The combined initial liquidity between NEAR side and EVM chains side is currently over $30M, with around 21M USDC, 9.5M USDT, and $200k wBTC. The USDT deployed on NEAR is the native USDT issued by Tether and the USDC deployed is the Rainbow bridge version of USDC. Additionally, the $NEAR token can be transferred between NEAR Protocol and Ethereum. The token addresses on NEAR Protocol are the following:

  • USDC: a0b86991c6218b36c1d19d4a2e9eb0ce3606eb48.factory.bridge.near
  • USDT: usdt.tether-token.near
  • NEAR: mpc-multichain.near
  • wBTC: 2260fac5e5542a773aa44fbcfedf7c193bc2c599.factory.bridge.near
  • AURORA: aaaaaa20d9e0e2461697782ef11675f668207961.factory.bridge.near
  • WOO: 4691937a7508860f876c9c0a2a617e7d9e945d4b.factory.bridge.near

How to Bridge

  1. Follow this link — Multichain cross-chain Router — to access the bridge.
  2. Connect to the specific chain you want to bridge your funds from, ie. Ethereum, BNB, Avalanche, etc.
  3. Select NEAR mainnet as the destination chain and the desired asset, and paste your NEAR address below in the Recipient section.
  4. Approve the asset to be bridged on the EVM chain and click on swap.
  5. Connect your Sender Wallet, which needs to have a small amount of $NEAR to cover some storage costs. We are currently working on a faucet for new users and on adding more wallets.
  6. Now there will be a pop up that asks you to deposit 0.0125 $NEAR as a fee for storage costs. You only need to do this the first time you interact with the bridge from your wallet.
  7. Review and confirm the transfer.

Embark on a fast, secure, and free bridging journey! Please note that free cross-chain travel is only available for one month.

About Multichain

Multichain is a decentralized cross-chain router to address the clear need for distinct and diverse blockchains to communicate with one another.

Multichain promotes interoperability across different networks and actualizes smooth asset and value transfers as a cross-chain architecture. In addition, Multichain also powers the seamless data or message transmission across chains by anyCall, enabling the building of cross-chain Dapps.

Multichain is the leader in the cross-chain sector, with a constantly growing family of EVM and non-EVM chains (currently 76) and deployed bridges (currently 3,000+). Multichain, working hard to push the boundary of multi-chain, envisions being the ultimate router for Web3.

About NEAR

NEAR is a high-performance blockchain building without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, NEAR allows anyone to build at scale and deploy at pace. NEAR’s vision is to create a network that enables people to reimagine finance, creativity, and community in new and inclusive ways. With NEAR, blockchain mass adoption is possible.

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RESOURCES

https://multichainorg.medium.com/multichain-goes-live-on-near-with-over-30m-in-initial-liquidity-for-cross-chain-interoperability-e65b755a0613

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