What is Near? #
“Near Protocol is a layer 1 blockchain network. It provides a platform on which developers can build decentralized applications (dapps). The most successful layer 1 blockchain is Ethereum, so protocols like Near are seen as challengers.” #
| Cost To Stake | APR Per Node |
| $20M+ | 10%+ |
Profile #
- Launched in 2017
- Current Market Cap: $4,655,333,998
- Designed to provide the best possible experience for developers and users
- Currently has 199,141 validator nodes staking
- Requires 1,326,279 NEAR to stake a node (Minimum Seat Price)
- Staking produces 10% APR returns on NEAR staked
- Natively supports delegated staking
- Destaking/Unbonding: 2 days
- Slashing/Penalties: Double signing, validator downtime, etc.
- Supports Smart Contracts and NFTs
Node Requirements #
Looking to roll your own node? Here is what’s required. #
- 68 GHz equivalent CPU (Clock * (Cores + Hyper threads))
- 16 GB RAM
- 1 TB+ SSD
- 10 Mbps Up/Down
5 Year Outlook #
Based on our research at StaaS Fund, here are the long term expectations for this asset. #
- Cost to create/buy/sell NFTs is competitive
- Proven smart contract and NFT platform rapidly growing
- Adoption will increase significantly
- Distinguished in user/developer first experience
