KuCoin is a trusted crypto exchange to buy, sell, and trade Bitcoin, Ethereum, and 1000+ altcoins—powering secure access to the Web3 economy.

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

<p>near:native runs two of these at once.

Intents, the cross-chain swap layer, takes a fee on every trade and a cut buys NEAR on the open market: about 12K NEAR a day, $1.6M a month. The buyback wallets hold 4M NEAR today.

Separately, 100% of L1 gas burns. $790K in the last 30 days, and the last developer rebate goes away with the 2.14 upgrade next week.

Daily buying power: about $55K bought back plus $26K burned. Small next to HYPE, but it is funded by swap volume on other chains, not by NEAR's own activity.</p>

near:native runs two of these at once.
Intents, the cross-chain swap layer, takes a fee on every trade and a cut buys NEAR on the open market: about 12K NEAR a day, $1.6M a month. The buyback wallets hold 4M NEAR today.
Separately, 100% of L1 gas burns. $790K in the last 30 days, and the last developer rebate goes away with the 2.14 upgrade next week.
Daily buying power: about $55K bought back plus $26K burned. Small next to HYPE, but it is funded by swap volume on other chains, not by NEAR's ow

near:native runs two of these at once. Intents, the cross-chain swap layer, takes a fee on every trade and a cut buys NEAR on the open market: about 12K NEAR a day, $1.6M a month. The buyback wallets hold 4M NEAR today. Separately, 100% of L1 gas burns. $790K in the last 30 days, and the last developer rebate goes away with the 2.14 upgrade next week. Daily buying power: about $55K bought back plus $26K burned. Small next to HYPE, but it is funded by swap volume on other chains, not by NEAR's own activity.

Comment