Odaily Planet Daily News According to official news, the NEAR Foundation announced that NEAT, an aggregation protocol designed for scaling AI applications on NEAR, has received 1 million NEAR pledge delegations from the Foundation. All NEAR token rewards from the delegation will be redistributed to NEAT stakers, and are expected to generate approximately 120-200% APY. This funding is part of the NEAR Foundation's efforts to support artificial intelligence and blockchain projects on NEAR and more broadly promote use cases for the integration of artificial intelligence and blockchain technology. As the first rollup expansion protocol officially supported by the NEAR Foundation, NEAT will use these funds to attract a wider user base for its ecosystem. According to reports, NEAT is a scaling solution based on the NEAR inscription standard, designed specifically to promote artificial intelligence and machine learning applications on NEAR.