Is near protocol DeFi?

NEAR is available on a few trading platforms, including Binance and Crypto.com . However, Binance only supports NEAR on Binance.com, which isn’t available to U.S customers. Because of this, Crypto.com will likely be the best place to purchase NEAR for U.S. investors.

Ongoing Emission The network issues inflation rewards at a rate of 5% per year. … Near also burns 70% of all transaction fees ; therefore, real inflation (rewards – fees burned) could be less than 5% depending on the level of network activity.

Now, NEAR is making DeFi more accessible to everyone . With the launch of the Rainbow Bridge, DeFi is officially live on NEAR and unlocked for all creators and users around the world. All assets originating in Ethereum — now counting in the tens of billions — are now fully usable in NEAR applications.