NEAR Protocol (NEAR) | Price Prediction | 200% APR
NEAR Protocol is a layer-one blockchain that provides a developer and user-friendly platform for building DApps. It eliminates some of the limitations present in competing blockchains and has its own consensus mechanism called "Doomslug". NEAR Protocol was designed to be secure enough to manage high-value assets and performant enough to make them useful for everyday people.
ReHold uses Chainlink to determine the price of NEAR/USD, just as it does for other cryptocurrencies. Decentralization in NEAR/USD price determination ensures that problems such as price manipulation, spikes, and slippages present in centralized exchange (CEX) products are avoided.
How to earn passive income on NEAR
ReHold offers several DeFi earning solutions for NEAR Protocol users. For instance, users can earn passive income on NEAR through NEAR Duals, which offer up to 200% APR. To earn passive income on NEAR, users can also consider staking their tokens or providing liquidity to NEAR-based liquidity pools.
NEAR Protocol (NEAR) Price Prediction
Predicting the future price of NEAR can be challenging, but regular updates and news provided by platforms like ReHold can help make educated predictions. It's important to DYOR before making any investment decisions.
The value of the NEAR token is primarily determined by market demand and supply. As the adoption and use of NEAR's protocols and chains increase, demand for the token may also increase, potentially leading to an increase in its value.
The NEAR token also has utility in the governance of NEAR Protocol. Token holders can use their tokens to vote on proposals and shape the future of the platform. Additionally, the tokens can be staked to earn rewards and participate in the platform's ecosystem.
200% APR on NEAR Duals
ReHold offers a unique DeFi earning solution. Using the innovative ReHold protocol at NEAR Duals, users can earn up to 200% APR on the NEAR/USDT, NEAR/USDC, and NEAR/BUSD. NEAR/BTCB brings up to 100% APR. To start earning passive income on NEAR, users can try out the ReHold protocol now.
How to Earn 200% APR on NEAR Protocol (NEAR)
If you're interested in earning passive income on NEAR Protocol, ReHold offers a unique DeFi earning solution. You can earn a 200% APR on pairs such as NEAR/USDT, NEAR/USDC, NEAR/BUSD and NEAR/BTCB using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to try it out:
- Connect your wallet Open the ReHold App and connect your web3 wallet. You can choose any web3 wallet that supports BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, and Fantom.
- Choose the NEAR Protocol (NEAR) Dual asset Select the dual that you need: NEAR/USDT, NEAR/USDC NEAR/BUSD, or NEAR/BTCB. You can start a dual investment with each token of the pair.
- Choose a staking period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
- Choose the start token Select the start token and the amount you want to invest. You can use the NEAR Protocol (NEAR) token or USDT, USDC, BUSD or BTCB of the dual asset.
- Approve the token To start a dual investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
- Start your Dual Click on “Start Now” to create your NEAR Protocol (NEAR) dual and receive your reward after the staking period. That's all! Your Dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual.
Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically start when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.
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