NEAR Protocol is a Proof-of-Stake (PoS), smart contract enabled blockchain platform designed with scalability and interoperability in mind.
With NEAR’s novel implementation of Nightshade sharding, the platform is able to scale quickly and efficiently, allowing developers to build secure and cost-efficient decentralized apps, or dApps.
- NEAR is the native token that is used to power smart contracts, pay for transaction fees, and engage in staking activities.
- Known for its speed and efficiency, NEAR Protocol is able to process around 100,000 transactions per second, enabling low-cost transactions to execute near-instantaneously.
- Holders can use the “Rainbow Bridge” to easily convert Ethereum (ERC-20) tokens to mainnet NEAR tokens, allowing more users to participate within the NEAR ecosystem. Please note that at launch, Binance.US only supports Binance Smart Chain (BEP-20) deposits and withdrawals. Do not send ERC-20 or mainnet NEAR tokens to your Binance.US wallet.
- The NEAR maximum token supply is 1 billion. At the time of writing, NEAR has a circulating supply of approximately 616 million tokens.
Deposit, withdraw, and trade NEAR Protocol (NEAR) on Binance.US!
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