Building DeFi on NEAR? 📨: https://t.co/sI48St7LCz
Building on BOS? 👑: https://t.co/b78BOEVWjF
Nov 15, 2023 • 13 tweets • 4 min read
Chain Abstraction is NEAR 🔜
: The Monolithic *and* Modular Thesis
#NEARcon2023 saw a string of announcements pointing to NEAR's new direction with @0xPolygonLabs zkWASM, NEAR DA, account aggregation, and Fast Finality with @eigenlayer
You may ask, "where is NEAR headed?"
🟰 The Monolithic
On the one hand, NEAR continues as a full stack Layer 1 where execution, data availabilty, and settlement all happen within itself & scales via sharding and storage.
NEAR native dApps such as @SweatEconomy and @finance_ref utilize the total stack
#BOS: The World's First Blockchain Operating System
A game-changer for decentralized frontends & the Web3 experience. Here's how it works and how it can revolutionize DeFi on #NEAR and beyond.
We breakdown:
1. What is #BOS? 2. The Three Pillars of BOS: Components, Gateways, Blockchains 3. Benefits & Use Cases (especially for DeFi!)
1/ $NEAR: Positioned To Become The Leading Orderbook Chain
A thread 🧵
2/ This thread aims to briefly introduce our next in-depth article about:
- DEX Orderbooks
- How Orderbooks can leverage $NEAR's tech, architecture and features
- The 3 main Orderbooks building on $NEAR: @OrderlyNetwork, @spin_fi and @tonicdex
A thread:
Ref, the first AMM, reached 134 unique trading pairs with the $SKYWARD <> $NEAR pair becoming the first to reach $1 million in liquidity. This is without any liquidity incentives
The Ref DAO recently formed, and successfully passed their first proposal: gov.ref.finance
