Neutral
NEAR Protocol's Confidential Intents nears $70M milestone, triggering reward snapshot.
In the past 24 hours, NEAR Protocol's Confidential Intents feature has seen its total value locked (TVL) surpass $60 million, approaching the $70 million threshold required to trigger its first major reward event. This milestone is expected to activate the Drop 1 snapshot for the NEAR@3.33 program, distributing a fixed pool of 333,333 milestone tokens to eligible participants. The current NEAR price is $2.46, reflecting a slight decrease of 2.38% from the previous close.
Key points
- Confidential Intents' TVL reaches $60 million, nearing $70 million reward threshold.
- NEAR@3.33 program set to distribute 333,333 milestone tokens upon reaching $70 million TVL.
- Current NEAR price at $2.46, down 2.38% from previous close.
Sources
AI-generated from public news sources. Not financial advice.
