What are the advantages of staking NEAR coin?
Staking NEAR coins allows you to earn rewards while contributing to the security of the network. Staking offers a certain annual rate of return, creating an opportunity to earn passive income. Stakeholders also gain the right to participate in network governance.
NEAR Protocol provides developers with a variety of tools and resources. You can write smart contracts in Rust using the NEAR SDK. There is also the near-api-js library for JavaScript-based special lead development. NEAR’s official documentation and tutorials will help you with your development process.
What is the supply of NEAR coin?
NEAR coin does not have a fixed maximum supply. Instead, it is subject to an annual inflation rate of 5%. 90% of this inflation is distributed as rewards to stakers, while the remaining 10% is used for protocol development and ecosystem growth.
The investment information, comments and explanations provided here are not within the scope of investment consultancy. Investment consultancy services are provided by authorized institutions on a personalized basis, taking into account the risk and return preferences of individuals. The comments, information and explanations provided here are of a general nature. For detailed information, please click here .
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