9min chapter

The Defiant - DeFi Podcast cover image

What is NEAR Protocol? | A Comprehensive Overview & Future Prospects

The Defiant - DeFi Podcast

CHAPTER

DApps on NEAR Protocol and Chain Abstraction

This chapter discusses popular DApps on NEAR Protocol, including Sweatcoin and Kitechains, which reward users with loyalty points. It also explores Near's plan to launch an update that allows users to use applications on other chains using their Near account. The chapter further delves into the bridging mechanisms used in the Near network and introduces the concept of 'unbridging' native assets. Additionally, it covers a non-custodial liquid staking protocol and the interoperability of NEAR Protocol.

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