๐ $NEAR INTENTS VOLUME IS ONLY THE START OF THE TOKEN STORY
The number I care about comes after the swap: how much revenue does the protocol retain?
Intents fees are shared with ecosystem participants. Revenue-share payouts are denominated in $NEAR , and product revenue has already funded token buybacks.
That creates a connection between usage and the token, but gross trading volume alone doesnโt tell us how strong it is.
My focus is retained revenue, actual buybacks and their size relative to new issuance.
For $NEAR , growing usage becomes more compelling when the economics grow alongside it.
The number I care about comes after the swap: how much revenue does the protocol retain?
Intents fees are shared with ecosystem participants. Revenue-share payouts are denominated in $NEAR , and product revenue has already funded token buybacks.
That creates a connection between usage and the token, but gross trading volume alone doesnโt tell us how strong it is.
My focus is retained revenue, actual buybacks and their size relative to new issuance.
For $NEAR , growing usage becomes more compelling when the economics grow alongside it.