Protocols     /     NEAR Protocol

NEAR (NEAR)

NEAR Protocol is a highly scalable and developer friendly Layer 1 decentralized application platform.

NEAR primarily focuses on scalability via sharding, and intends to onboard billions of users through its intuitive, user-friendly design and seamless user experience boosting Web3 adoption. NEAR is built to be easy to use for developers by using JavaScript as a coding language. Hundreds of projects are already building dApps on NEAR.

FIGMENT VALIDATOR ADDRESS:
figment.poolv1.near

Stake NEAR

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Market Data

MARKET CAP

$7.1B

STAKING REWARD RATE (SRR)

9.20%

SRR isn’t always the most reliable metric for understanding your rewards. You can read more here

PRICE

$6.41

AUTO-COMPOUNDING

Yes

REWARD FREQUENCY

1 Epoch (Daily)

ACTIVATION

12 hours

WITHDRAWAL

1-2 Days

SLASHING PENALTIES ENABLED

No

Highlights

Why Stake NEAR Protocol With Figment?

  • Arrow The NEAR mainnet launched on April 20th, 2020
  • Arrow NEAR enables scalability through Nightshade sharding, which currently allows 3k transactions per second
  • Arrow Interoperability through Aurora EVM, Rainbow bridge and Octopus Appchains
  • Arrow Focus on developers and users with the NEAR Blockchain Operating System (BOS) built on JavaScript
  • Arrow Smart contract developers receive 30% of fees spent on their decentralized applications (dApps)

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Frequently asked questions

NEAR Protocol FAQ

Where can I explore the network and create a NEAR wallet? +
What is the name of the asset being staked? +
When are staking rewards enabled? When are transfers enabled? +
Why stake NEAR? +
How long does it take to unstake? +
Do I maintain custody of my NEAR tokens? Who or what controls my staked NEAR tokens? +
Can my staked NEAR be slashed (seized or destroyed)? +
How are rewards disbursed? Are staking rewards liquid or automatically staked? +
Can I lose out on potential rewards? +
What is the rate of new issuance (aka "annual inflation") for NEAR? How does the token supply change? +

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