BlockBeats report: On June 11, NEAR Protocol announced the official launch of the Near@3.33 incentive milestone program, targeting users who utilize its Confidential Intents feature for cross-chain transaction privacy on its website. Users have not yet received tokens; once the TVL of Confidential Intents reaches $70 million, a snapshot will be taken, and milestone tokens will be distributed to eligible accounts. Previous user activity will be counted toward allocation amounts and will continue to be updated until the snapshot condition is met. New users who join now and increase their activity can still qualify for higher allocation amounts.
Drop 1 will distribute 333,333 milestone tokens. Milestone tokens are locked rewards and cannot be sold or transferred initially. When the NEAR volume-weighted average price remains at or above $3.33 for three consecutive days, the milestone tokens will be converted 1:1 into NEAR.
Each wallet is eligible for a maximum allocation of 2% of this round’s airdrop pool. To qualify for the snapshot, users must maintain a confidential balance of over $100 across any assets on near.com and complete at least one confidential swap. Holdings and activity above this threshold will influence the final distribution. Additional airdrop rounds will be launched in the future, each with eligibility criteria based on higher levels of community activity.