This Near Weekly Recap is provided solely for informational purposes and does not constitute investment advice. $NEAR did not have too much movement in the past week. The price remains sideways in the $3.5-$3.9 zone. After completing Phase 1, the ecosystem began expanding its node with the Star Wars III program. In addition, the system also has much notable news listed below.
The Total Value Locked increased to $570.11 million, and TVL decreased by 1.71% in one week. TVL Near increased by 2.1% in the past week, from $319M to $325.68M. But TVL on Aurora has decreased, down approximately 6.36% to $ 244.43M.
Stake Wars is a program that helps the community become familiar with what it means to be a validator and gives them an early chance to access the chunk-only producer. The rewards offered by the Stake Wars program support new members that want to join mainnet as a validator starting from the end of September 2022.
More information: click here
Mercuryo is a holistic fintech platform providing global business from both fiat and crypto worlds with a wide range of financial services accessible through single API integration. Integration into the Near network will make Mercuryo’s transactions faster and cheaper.
More information: click here
NEAR-PERP is available now on Globe Exchange. Traders can enjoy up to 100x on the leverage ratio.
More information: click here
NEAR Space Event at EthCC 2022 is a unique place where you can meet every participant in a unique ecosystem to discuss new ideas and share crypto experiences within the EthCC. The event takes place in Paris on July 19th-21st
More information: click here
After announcing integration with NEAR in May of this year, Infura shared that they will soon also support Aurora, adding to Infura’s list of supported networks and their contribution to building a multi-chain future for Web3. Here is the next step of Aurora to build a multi-chain Web3 for the future.
More information: click here
Octopus Accelerator is a global Web3 startup community of entrepreneurs launched by Octopus Network. Our goal is to help Web3 entrepreneurs take their first steps and help Appchain projects grow to bring utility to Web3.
The Octopus Accelerator Program conducts four Global Web3 Entrepreneurship Camps annually, providing $1 million to fund 20 outstanding Web3 application chain, entrepreneurial teams.
5 Winning Octopus Star Prize Teams to share $250,000 in total funding.
More information: click here
Ref Finance released its Q2/2022 report, with the following main contents:
More information: Click here
Tonic Dex becomes a strategic partnership with Magellan, the DEX aggregator and swap infrastructure.
Through this ongoing strategic partnership with Magellan, Tonic Dex is enabling to provide an instant Swap feature with: Deep liquidity, Fast transactions, and Smart money.
More information: Click here
To encourage users to come to the project. After its launch, Tonic launched a Trading Competition event with a prize pool of up to $4000. Tonic Mainnet Trading Competition starts on July 12, 2022, at 16:00 UTC to July 26, 2022, at 15:59 UTC.
More information: Click here
The reward program will start 24 hours after PembRock launches on the mainnet, so each PembRocker has enough time to supply one or some of the following PembRock Lend pools with their funds (USDT, ETH, BTC, PEM, USN, REF). The Reward pool is fixed and counted on a weekly basis. For the first week (July 15-22) the pool contains 25k PEM for each pool.
More information: Click here
Cheddar is launching a fundraising campaign on Meta Yield. The campaign will launch on July 27th 5 AM UTC. The funding will help expand current efforts and provide greater rewards to users.
More information: Click here
Spin – Derivative: is the first DEX to offer on-chain Perpetuals, Being on a mission to offer NEAR Protocol’s users a CEX -competitive trading experience.
MyNearWallet – Wallet: a new wallet on Near protocol
NEX – Derivative: The first decentralized on-chain perpetual and spot exchange on Near Aurora.
Galacticway – NFT marketplace: is an NFT marketplace on Near blockchain that addresses a specific customer pain: access to curated collections of NFTs, on a network positioned for large-scale adoption, scale, and mainstream activation.
MjolNear – NFT marketplace: is the first open NFT marketplace on Near blockchain that enables creators from different marketplaces/games/collections to sell their NFTs in one place.
Above is the important information in the past week of the ecosystem. The critical news on the ecosystem began to lead less and less. This is also understandable because current projects focus on building the core product and perfecting the product. Instead of launching marketing strategies, engage the community. Because running marketing at this time is not practical.
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
Find more information about NEAR
Website: https://near.org/
Whitepaper: https://near.org/papers/the-official-near-white-paper/
Twitter: https://twitter.com/NEARProtocol
Telegram: https://t.me/cryptonear
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Ken. N
Coincu Ventures
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and…
Key Points: Bitcoin Spot ETF Inflows totaled $449M, led by BlackRock’s $1.45B contribution. Ethereum Spot…
Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…
Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…
VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…
President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.
This website uses cookies.