Right now $NEAR Intents' capture rate is now at 37%, up from the low teens earlier this year
= @NEARProtocol is retaining a larger share of fees on volume already running at multi-billion monthly scale
Confidential TVL has expanded sharply over the same period, and near(.)com is also taking a growing share of flow.
Revenue still covers only a fraction of emissions, but the monetisation efficiency trend is the clearer signal. Volume and capture both moving in the right direction is what makes the path to covering issuance look more plausible.
Besides, there's also value in looking at the partnership expansion aspect because we'd want $NEAR to be integrated more widely to boost volume.
What else caught your eye from Q3? $NEAR
= @NEARProtocol is retaining a larger share of fees on volume already running at multi-billion monthly scale
Confidential TVL has expanded sharply over the same period, and near(.)com is also taking a growing share of flow.
Revenue still covers only a fraction of emissions, but the monetisation efficiency trend is the clearer signal. Volume and capture both moving in the right direction is what makes the path to covering issuance look more plausible.
Besides, there's also value in looking at the partnership expansion aspect because we'd want $NEAR to be integrated more widely to boost volume.
What else caught your eye from Q3? $NEAR