Near is a Proof-of-Stake blockchain, a decentralized development platform designed to provide an ideal environment for Daps, overcoming some of the limitations of competing systems (for example, low bandwidth, low speed and poor cross-compatibility). In addition, according to the creators, the application on Near can be launched in 5 minutes.

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Earn and Burn 🔥

nEAR shOUlD imPLeMEnT EIP1559 aNd bURn fEEs.

NEAR has always had a fee burn since day one. 

But that’s not what’s truly exciting about the NEAR Gas Fee model.

Let’s take a closer look at what happens to your precious NEAR when you make a transaction on the…

Earn and Burn. nEAR shOUlD imPLeMEnT EIP1559 aNd bURn fEEs. NEAR has always had a fee burn since day one.