NEAR Intents just hit $5 billion in all-time volume. A thread on Intents’ breakout growth and why it’s becoming the unified liquidity layer for cross-chain DeFi 🧵

Total generated fees of NEAR Intents is $5.4M as of today. A thread on this topic.

Wow. @NEARProtocol intents starting to put up some serious fee numbers.

Here is the results of the mentioned on-chain voting: vote.linearprotocol.org/deta… It was incredible to see participation of 89 validators and 48.45% of total stake in the voting process, that required to issue a custom on-chain transaction from the pool owners account. The overwhelming majority of 91.76% of stake-weighted validators voted YES for reducing the inflation. Some people argue that not-voting was implicit NO, but that's a bit flawed, since some validators (exchanges, institutions, staking providers) have to stay neutral and abstain. The problem is there were no ABSTAIN vote in the on-chain contract, so they couldn't have express their opinion this way. The voting has ended without reaching the consensus threshold. Currently, the protocol upgrade to 2.9.0 introduced the inflation reduction. Validators have to decide by either upgrading or not, which is a bit problematic, because there is no abstain option again. As a NEAR stake holder who supports the inflation reduction, make sure to move your stake to a staking pool that voted FOR reducing inflation. If you are AGAINST the inflation reduction, move your stake to the pool that voted NO for reducing inflation. The protocol upgrade voting is scheduled to start on October, 28 and will last for 3 weeks. So there is plenty of time to decide.

NEAR Governance Proposal 🚨 We would like to publicly share our concerns regarding a serious governance issue currently happening on the @NEARProtocol blockchain.

The NEAR ecosystem is collaborating on a significant tokenomics upgrade 🪙 Building on 5 years of mainnet success, NEAR is entering its next major growth phase. NEAR now underpins multi-billion dollar volumes, powers the cross-chain liquidity layer for privacy-preserving assets, and provides the foundation for a scalable and verifiable on-chain AI economy. To usher in a new era of abundance, the NEAR ecosystem is now focusing on enhancing its economics to strengthen incentive alignment and ensure sustainable long-term growth. The NEAR community has proposed a three-part enhancement to NEAR’s economics: 1. Halving Upgrade: Reduce NEAR’s maximum annual inflation to 2.5% for more sustainable tokenomics 2. Proposal – HSP-002: Support smaller validators to ensure network decentralization 3. Proposal – HSP-003: Increase rewards for veNEAR holders to reward early governance participation These proposals highlight the critical role that House of Stake is already playing in NEAR’s economic future. Going forward, House of Stake will continue to drive the decision-making process around economic parameters for the NEAR ecosystem. Together, these enhancements help maintain the sustainability of issuance around the NEAR token, while ensuring network decentralization and strengthening incentive alignment across validators and NEAR token holders. These community-driven upgrades are designed to create economic opportunity for as many actors as possible across NEAR’s rapidly maturing ecosystem and sustain the protocol’s growth for the long term.

NEAR Intents is now the sixth biggest interoperability protocol in crypto

👀 @NEARProtocol

今天调整了现货持仓的止损线。 至于“山寨季”何时到来、哪个板块领跑，我完全不知道，也没打算去预测。 因为这些问题本质上不可控，预测再多也无意义，徒增困扰。 与其耗在预测上，不如聚焦可控的三件事：概率、赔率和心态。 概率决定胜率，赔率决定盈亏比，心态决定能否长期坚持。 三者管理得当，就算不预测市场，也能稳健地赚到钱。