It is a halal token to trade!
What is NEAR?
NEAR is the native token of the NEAR Protocol, a highly scalable blockchain platform designed for developers to create decentralized applications (dApps).
Key Features of NEAR
- Scalability: NEAR uses a unique sharding technology to achieve high transaction speeds and low fees.
- Usability: NEAR is designed to be developer-friendly, with features like human-readable account names.
- Security: NEAR is a Proof-of-Stake (PoS) blockchain, which is considered to be more secure and energy-efficient than Proof-of-Work (PoW) blockchains.
Uses of NEAR Token (NEAR)
- Transaction Fees: NEAR is used to pay for transaction fees on the NEAR Protocol network.
- Staking: Users can stake NEAR tokens to participate in securing the network and earn rewards.
- Governance: NEAR token holders can participate in governance votes to determine the future of the NEAR Protocol