In the NEAR wallet, you can choose to stake your tokens with a validator . These validators run the infrastructure that powers the NEAR network, and will do the work on your behalf to generate returns on your NEAR. For this work, most will charge a fee, which is only charged on your rewards (not your total stake).
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How to buy NEAR Protocol
Read moreWhat is near coin used for?
The NEAR token is primarily used to pay transaction fees and as collateral for storing data on the blockchain . NEAR also rewards several stakeholders in the blockchain with NEAR tokens.
Read moreWhat is near wallet?
NEAR Wallet is an in-browser, web-based wallet for creating and interacting with NEAR accounts . This wallet stores account keys in the browser’s localStorage . NEAR has several development networks operating independently of each other with their own account IDs.
Read moreHow do you get near coins?
How to buy NEAR Protocol
Read moreHow fast is near protocol?
How fast is Near protocol? NEAR is indeed fast. It can handle up to 100,000 transactions per second (tps) and reaches transaction finality almost immediately owing to a 1-second block cadence.
Read moreWhat is Wnear?
NEAR is a smart contract-capable blockchain that’s designed to be a next-generation platform for dapps, with its own unique scaling solution . By Daniel Phillips. Apr 16, 2021.16 Nis 2021
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