Video Description
When a chain runs, the money that moves hardest is not the chain token, it is the decentralized exchange and the lending protocol sitting on top of it. Jupiter, Pyth and Kamino ran ahead of Solana, and PancakeSwap ran ahead of BNB, so the same question applies to NEAR.
The answer on NEAR is that only two projects are genuinely native. Ref Finance is the earliest and only decentralized exchange on the chain, Burrow the first and only lending protocol, and the two have merged. Almost everything else on the ecosystem list is EVM that merely integrates with NEAR, which is why it cannot tap the intents liquidity network directly. Aurora is the second, the team that built the first bridge to NEAR, whose token spent four and a half years being sold down by venture holders until 73 percent of...
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