This week’s recap on Near’s ecosystem performance is provided solely for educational purposes and does not constitute financial advice. The market proceeded to slide into a correction last week. However, the price of $NEAR stayed at $16, while Total Value Lock continued to trade at an all-time high. New initiatives and incentive programs for additional projects are used to build the ecosystem Total Value Lock. Let’s take a look at some of the most significant ecosystem updates from the last week.

Network Growth

Daily Transactions

This week, the NEAR ecosystem had almost 5 million transactions, up 18% from the previous week. Every day, there are an average of 714,286 transactions.

Unique Addresses

There are a total of 5,845,989 addresses in the NEAR ecosystem. The number of new wallets created this week is 556,656 addresses, only a 10% increase from last week.

Active Addresses

There were 75,313 active addresses this week, a 49% increase in the number of active wallets from last week. On average, every day, there are 10,473 addresses with transaction activity on the Near ecosystem.

Total Value Locked

The Total Value Locked system rose 17.07% to $1.38 billion. TVL continues to surpass the new ATH. In that regard, the Total Value Locked of Near increased by 23.8% from the previous week to $428 million. In comparison to the previous week, the Total Value Lock of AURORA rose by 14.18%, contributing $901 million in total TVL.

Highlight Events

Aurora is now supported on Zerion

Zerion already supports sending assets from the Aurora network on their bridge. Users were able to easily transfer and receive assets between Aurora and 8 other blockchains.

For more information: click here

Bastion partners with Trisolaris

Trisolaris is integrated by Bastion as loan and lending collateral to earn liquidity rewards $TRI and $BSTN helping to support Leverage Farm on Trisolaris LP Token Realm coming soon on Bastion.

For more information: click here

Retroactive on Burrow

Burrow established an early user reward program after releasing the mainnet. By supplying or borrowing assets, users can earn $BRRR. This program will receive 6% of total supplies over a three-month period.

For more information: click here

Spotlight Projects

Top 5 Gainers & Losers of Near Ecosystem

Ref Finance reaches ATH

Ref Finance hits the new ATH milestone with nearly $180m TVL. Also in the last week, $REF has grown by more than 50% in value. This shows that capital inflows are once again pouring into Ref Finance, especially when the PembRock Finance project is coming out to help support leverage when Farm on Ref Finance is expected to continue. continue to increase.

Aurigami Token Sale

On May 5, Impossible Finance will launch a PLY Aurigami token sale. $550k worth of $PLY tokens will be sold for $0.005 BUSD. 04/14/2022 02:00 PM (UTC) to 05/03/2022 10:00 AM (UTC). After completing KYC, users must stake $IDIA in an Impossible Launchpad staking contract for a chance to participate in IDO. IDO will be open for sale on 03/05/2022 at 02:00 PM. Vesting: 100% on the first day.

For more information: clike here

Seatlab NFT’s upcoming IDO will take place on Skyward Finance

Skyward to Host Phase 1 of $SEAT Token IDO. The first thing to do is register for the IDO on their website. They’ll be sending out reminders and more information in the build-up to the IDO itself. If you are participating in the IDO via Skyward, you’ll need to deposit $NEAR into the contract sometime between 17th May and 23rd May to ensure you’ll receive your allocation of $SEAT at a low price during the sale period. Set alarm for $SEAT IDO on Skyward from 24th-30th May, There is a cap of 2,535,000 $SEAT tokens available during phase one.

For more information: clike here

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

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

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