Discover and read the best of Twitter Threads about #near

Most recents (24)

What if I told you @NEARProtocol is almost guaranteed to be next big protocol we'll be focusing on next?

Anon if you're reading this, you're early.

🧵 Let me give you some cold hard facts on why you should pay attention to the Near future.

@NEARProtocol 1/ THE TEAM

Near's team is probably one of the most overlooked when it comes to credentials.

Most of us see the team as 'just another team' building a blockchain project.

In fact, I really don't see any other protocol coming close..

Here's why..
@NEARProtocol Co-founders

Director of Engineering - MemSQL
Consultant - OpenAI
2x ICPC medalist 🥇2008 🥉2005

Google Engineering Manager - Deep Learning
ICPC finalist

Both worked on @xixai_inc, a biometric identity provider backed by @ycombinator
Read 39 tweets
Take a look at @NEARProtocol , because it is a concentration of technology.

We are talking about a layer 1 blockchain, it uses a Sharding technology. Layer 2 Aurora is built on #NEAR Protocol.

The consensus mechanism is PoS, which makes the network less energy-intensive. 1/ Image
@NEARProtocol In 2021 it received an award related to its being carbon neutral.

What is Near's core? Nightshade. This is a sharding technology that processes data more efficiently and promises greater scalability. 2/
@NEARProtocol The sharding technology is comparable to a workload managed by multiple cores instead of just one.

With Sharding technology, a node will only handle a part of the transactions, this allows for a greater number of transactions and less load on the individual nodes. 3/
Read 5 tweets
I believe more #PoW than #PoS due to trust in Satoshi's original intention to create #Bitcoin, which is to associate energy & chips in the real world with value in the digital world, not left hand to right as $UST & $LUNA

$KDA #KADENA is scalable #PoW 😀

It's an amazing song👇
Find this old twitter ...

#PoW vs #Pos
#Bitcoin $BTC #Ethereum $ETH
#XRP $XRP #Cardano $ADA #Solana $SOL #Polkadot $DOT #Tron $TRX #Avalanche $AVAX #Polygon $Matic #Litecoin $LTC #NEAR $NEAR #Monero $XMR #Stellar $XLM #Cosmos $Atom #Algorand $Algo


+1) And this one twitter ...

When you feel scared, take a look at the hash rate graph😀

Don't forget they are #PoW #Blockchain

#Bitcoin $BTC
#Kadena $KDA

Read 4 tweets
Overall Trade Analysis: $NEAR- This was 1 of my biggest realized losses I've taken. I'll explain where I went wrong and my idea for the trade/management. Entry average: $14, Exit: $8.50 and $6

Total loss was relatively big for me.

Why I took this trade: I initially started to average into $NEAR around January. Had a good initial entry around $11ish and took some profits at $16. The idea of the trade was based around another L1 doing ok. 3AC just put some $ into the ecosystem and the L1 narrative worked
I liked the sharding tech and I messed around Aurora at the time too. I thought that VCs needed exit liquidity so they would pump price higher + price was also holding up relatively well to the market. I had successful L1 trades w. $AVAX and $SOL in the past too, so why not this?
Read 17 tweets
In Part I of the stablecoin long read thread I outlined the conditions that led to the $UST disaster. BUT (!) decentralized stablecoins are a beautiful concept that definitely has a future.

1/ So, the topic for Part II is $USN – @NEARProtocol's native stablecoin.
2/ If you missed the first part, then it is better to start researching the topic with it.

There I described the main prerequisites that led to the collapse of the #UST and options for how this could have been avoided.

3/ #USN by @DcntrlBank is a fully collateralized decentralized stablecoin backed by $NEAR and $USDT with more assets to be added soon. The peg is maintained by on-chain arbitrage and rebalancing of the treasury to ensure stability in any market conditions.
Read 11 tweets
I looked into #Avalanche #Elrond and #NEAR lately. pretty surprised how centralized they are compared to #Algorand. there's one pattern in L1s that makes you understand Algorand better /1
#Avalanche #Elrond #NEAR have like many L1s great engineers in their teams. the tech they provide is solid but and here comes the big difference to Algorand: complete lack of world leading cryptographers /2
I would go as far as to say Silvio and Shafi alone (just 2 members of Algorand) have invented more in cryptography than n L1 teams put together. and Algorand has more cryptographers at the Inc and Foundation all leading innovators /3
Read 9 tweets
0/It's time for us to bring this topic up for discussion. 

This thread will help you understand the difference between USN/NEAR and UST/LUNA 
Both are algorithmic stablecoin, but what differentiate USN/NEAR, for them to prevent the same tragic crash that happened to UST and LUNA

4 Main reasons why $USN is different from $UST

1/ Smart working mechanism of $USN

2/ $USN owns a more sustainable mechanism than $UST

3/ $USN is just getting started, hasn't fallen into the FOMO phase yet

4/ The stability of the @NEARProtocol ecosystem
@NEARProtocol 1/ First, to understand how $USN works, you need to re-read this thread 


to understand @DcntrlBank‘s price stabilization mechanism, asset collateral strategy and its management approach for $USN
Read 20 tweets
Numbers never lie 😎

While the market fluctuated strongly with a series of incidents. 😭

$NEAR's TVL has quadrupled since 6 months ago. 🔥

#Solana #Avax #Polygon #BSC #ETH #Near #AURORA
1/ Check it out: 👈

TVL on blockchain ecosystems in 6 months
#NEAR +462%

#Solana -56,5%
#Avax -58.2%
#Trx -58.5%
#Polygon -42.5%
#BNBchain -48.0%
#ETH -51.%
2/ This success mainly comes from the intrinsic of talented people and unlimited ability of technology.

 $USN launched at a time when users lost faith in stable-coins, but still asserted its difference and innovation.
Read 4 tweets
Comment l’UST a perdu son peg
Comment LUNA a effacé 40 milliards de capitalisation
Les conséquences de cette semaine
En quoi le dépeg de l’USDT est différent

Les ressources utilisées seront partagées dans ce Google Doc à la fin de ce🧵 pour tous ceux qui voudraient les regarder par eux-mêmes et aller plus loin
Merci pour votre soutien c’est parti!
Read 95 tweets
Witnessing the collapse of a financial giant @terra_money when hit by a death spinral caused $UST to lose its peg and $LUNA to drop 97% it value, making #Lunacrash the top 1 trending search

What will the $USN of @NEARProtocol do if the market loses confidence in the stable coin? Image
@terra_money @NEARProtocol 1/ The article is referenced from: 👈

Here is the mechanism of $USN on #NEAR to avoid negative market impact 👇
@terra_money @NEARProtocol 2/ The stablecoin $USN is OVERCOLLATERALIZED. $USN combines on-chain arbitrage with a Reserve Fund that is DOUBLE-collaterized with $NEAR & $USDT to begin with. 🤑

In the worst-case situation, the @DcntrlBank may purchase back all of the $USN ever issued.
Read 7 tweets
Is this a mega thread? Or a crazy rant? I'll let you decide. But I love the #fantom network and I want to go in-depth on why I think it is so undervalued, and what I believe can be done about it.

So here's a thread/rant/whatever about #FTM

Before I go into why I believe Fantom is so undervalued, I want to talk about what I think Fantom, it's representatives, and the @FantomFDN do right.

First, Fantom has one of the best communities....

Fantom has some of the smartest, eager to help, well-spoken people who outwardly represent the chain well.

It's one of their biggest assets.

Fantom also has fantastic representatives and influencers...

Read 42 tweets
Ok guys - no, just moving the new Bored Ape Yacht Club project to [insert layer 1] running the EVM is not going to solve the Bored Ape/ApeCoin/NFT issue. A thread. 🧵
1/16 For reference, here is the issue: and no, an application specific blockchain/subnet/parachain/L2 running the EVM isn’t going to help you either. Not if your ambition is mass market.
2/16 The scalability constraints that caused the issue here for the Bored Ape team isn’t just scaling transactions. It is about scaling trustless computation (smart contracts) via the Ethereum Virtual Machine (EVM).
Read 17 tweets
✨A thread on joining lending/borrowing protocol on @BastionProtocol

For example, #NEAR has an LTV of 60%, $USDC 85%, $USDT 80%, $ETH 70%. Other assets are also the same but they will have a different LTV (Loan-to-value).

#BMEanalytics $NEAR $BSTN #auroraisnear #DeFi $USN #BMEanalytics #Stableswap #NEAR #USN $BSTN #Aurora
Keep in mind that LTV is not the profit that you can earn but it is the percentage that you can borrow based on the assets that you have deposited in the Lending platform.

#BMEanalytics $NEAR $BSTN @auroraisnear #DeFi $USN @BastionProtocol
First, you need to buy $NEAR on any exchanges and withdraw them into your #NEAR Wallet. Since #Aurora EVM uses $ETH as transaction fees so connect your wallet to @finance_ref and swap a few Near to ETH.

#BMEanalytics $BSTN @auroraisnear #DeFi $USN @BastionProtocol
Read 21 tweets
1/ The #NEAR Protocol stablecoin is out: #USN

1 USN is always backed at 100% by NEAR + stables in the Reserve Fund.

You can mint 1 USN against $1 of NEAR & earn at least 10% APY (Reserve Fund yield).

How does it work and is it superior to #Luna/#UST?


Why? A thread 👇 Image
2/ What is $USN?

A fully collateralized, algorithmic NEAR-native stablecoin pegged to the US dollar.

It uses on-chain smart contract for NEAR/USN arbitrage like UST and StableSwap pool with other stablecoins (swap USDT for USN).

How does it match against other stables? 👇 Image
3/ There are 4 types of stables:

1. Backed by the actual US dollar: #USDT, #USDC = centralized
2. Backed and collateralized by crypto: #DAI = capital inefficient
3. Semi-algorithmic: #FRAX = low adoption
4. Fully algorithmic: #UST = on-chain peg stabilization

USN? 👇
Read 16 tweets
1/ Whether you focus on maximizing your profits or you’re building on $NEAR – this thread will help you perfectly navigate the ecosystem of #NEAR-native apps. Build your combos, and expand your partnerships!

Dedicated to @NEARProtocol OGs and newbies 🧵
2/ Let’s start with an overview of projects that are already live on #NEAR Protocol’s mainnet. Today’s newcomers are @DcntrlBank's #USN and the first order book DEX on #NEARProtocol – @spin_fi 🚀

A legendary day, really.
3/ The list isn't complete; I'll mention more as well as Protocols that will be launching in my next #NEAR-bullish thread (hey, @thenearpay, stay tuned).

Ok, let’s go 🔥
Read 11 tweets
GO! 🚀
We’ve just launched the first order book spot DEX on @NEARProtocol to #Mainnet!

1/ It took a lot of hard work and in just 2 weeks after our testnet release and our amazing community’s feedback, we did it🚀

Enjoy the mainnet ride: Image
2/ Our first ready-to-exchange pair is #NEAR/USDC. You can enjoy selling, buying, or trading $NEAR/USDC at this time. We will gradually add more pairs soon.

What assets are in your waiting list? 🌀 Image
3/ We have conducted an internal #audit and are currently speaking to external auditing companies. Our number 1 priority is to ensure that traders are not exposed to any risks as best as possible 🦾

Thus, we have set up limits for deposits and order sizes: Image
Read 6 tweets

👉 Hoy vamos a destripar una #altcoin que mañana (debería) lanzar su primera moneda estable algorítmica en la red de NEAR, emulando a $LUNA, y ya sabéis que eso suele ser... 🚀

❤️️Deja tu RT y tu LIKE que nos vamos de caza juntos👇
👨‍💻 ¿QUÉ ES #NEAR?

Blockchain de C1. Red descentralizada, construida desde 0.
Buscó crear un ecosist. propio, basado en ofrecer herramientas que permiten a desarrolladores construir y ESCALAR apps sobre su red, dando al usuario final una experiencia intuitiva y unas bajas fees.
1. Usabilidad: Permite a desarrolladores crear apps descentralizadas, incluso si no dominan la blockchain.
2. Escalabilidad: Diseñada para fragmentarse a medida que crece y evitar congestiones.
3. Interoperabilidad: Permite comunicación o transmisión de datos entre su red central
Read 10 tweets
Why #BUIDL on @NEARProtocol: from a marketing point of view. A thread for emerging #DeFi startups and their marketing teams written by a #web3 marketer 🧵

1/ TL;DR
The #NEAR ecosystem is the friendliest in web3. You show traction, and they help you grow organically. Image
2/ Disclaimer: #Product is always in the spotlight. The more innovation it brings to the ecosystem, the easier it becomes to grow the community organically and enjoy the benefits of close-to-zero #marketing budgets. An obvious thing, I guess.

Now, we’re ready to go 📒
3/ $NEAR is growing.

According to @MessariCrypto, #NEAR gained +57% on Twitter since the beginning of 2022 compared to +53% for $LUNA, one of the most hyping coins atm.

For some general market metrics, pls check the pinned thread submitted by @_alexpavlov 🌀 Image
Read 12 tweets
2025 yılına kadar uzun vadede yok olmayacağını düşündüğüm ürünler:

1- #Bitcoin; İlk kripto para, değer saklama aracı. #btc'nin üzerinde yaratılan bu mitosu kolay kolay hiç bir ürünün geçebileceğini zannetmiyorum.
2- #Ethereum; Merge geldikten sonra gelişeceğine ve her zaman piyasanın 1 numaralı akıllı kontrat platformu olacağına inancım tam.

3- #XMR #Monero: Dünyada suç olduğu sürece ve abd transferleri izlemeyi başaramadığı sürece monero ölmez. Suç oranı ile direkt korelasyondadır :)
4- #Xrp #Ripple: Her ne kadar $xrp hayranı olmasam da o davanın elbet bir gün kazanılacağını ve Ripple'ın bankalar arası transferlerde liderliğini sürdürmesini umuyorum.
Read 12 tweets
Aren't you folding with @burrowcash yet??

🧵Well, here are some basic plays to start your journey as Foldooor on $NEAR... or shall I say Burrowerrr?
cc: @rimberjack

You can use this to Earn Passive income with minimal risk & in some cases, free lunch on burrowed money, haha... Image
Deposit APY on $DAI is insane on Burrow. ~11% at the time of tweet (been consistent 9-11% from past few days)

Besides those Juicy APY, you earn $BRRR Tokens as well.

I'm sure most ppl must've been in it already. This thread is for beginners, so they can join us, Degens.
1. Stablecoinerrr like @DegenSpartan

- Convert your Stables to DAI via @finance_ref
- Deposit those on Burrow.
- Borrow USDC/USDT against it at ~7% Interest rate
- Swap those to DAI & deposit back to burrow.
- keep foldinggg

Congrats, you've started your journey as Foldorrr
Read 8 tweets
A thread on the @NEARProtocol adoption: the FOMO is NEAR 🧵

1/ Intro: We at @spin_fi constantly keep an eye on the #NEAR metrics. I am sure I’m not the only one, so let me simplify the job for some #DeFi researchers and summarize the trends I currently see.
2/ On-chain maximalists who missed the @Solana Bullrun anticipate that the next blockchain to make a buzz in DeFi is @NEARProtocol 🐂
Same as many other L1s $NEAR trading volumes started to grow in Sept ‘21 and are now getting quite close to $SOL and $LUNA and outperforming $AVAX
3/ At the same time, the #NEAR fully diluted mc is still relatively small compared to other popular L1s. That means the coin may still be quite #undervalued by investors and there’s some space for future growth.
Read 7 tweets

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