Data: Galxe's new L1 chain Gravity ecosystem Latch TVL exceeds 3 million US dollars
Foresight News reported that Latch tweeted that TVL exceeded 3 million US dollars. Latch.io is a blockchain interoperability protocol built on the Gravity chain, aiming to connect the interest-bearing assets and liquidity of the entire chain. It has launched a "full-chain Yu'ebao" product, which integrates Ether.Fi and Ethena to provide on-chain income in Ethereum and U standards respectively, and provides additional liquidity for users to directly use the balance of interest-bearing assets for on-chain transactions.
Latch will further cooperate with Galxe to upgrade Galxe Smart Balance to Galxe Smart Savings, and reward early users for U-standard 50%+ APY income.

NEAR准备大涨了$NEAR 大G也准备大涨了$G

NEAR is ready to surge

Valour launches NEAR exchange-traded product in Sweden
According to Odaily Planet Daily, according to the announcement of Valour's parent company DeFi Technologies, the crypto fund issuer Valour has launched an exchange-traded product (ETP) for Near Protocol's native token NEAR. The announcement stated that the ETP will be traded on the Swedish Spotlight stock market.
$NEAR Oli Ge!

Odaily Planet Daily News Galxe announced on the X platform that the snapshot of Jambo, the Web3 mobile infrastructure, has been taken. The first 2,000 users who meet the following distribution rules will be eligible for a free JamboPhone: - Users will need to stake at least 200 GAL at the time of the snapshot; - The first 2,000 qualified stakers can enter the Galxe staking page to claim rewards and get a free JamboPhone code on JamboPhone.xyz; - Please note that users only need to pay for shipping. $GAL $NEAR
$NEAR

$GAL
$NEAR

$GAL GAL Staking Snapshot Alert! #Galxe
Snapshot Time: June 13th at 10pm EST
Token: ARB
Allocation Rules: No minimum GAL stake requirement. Maximum GAL stake that counts towards rewards is 200k GAL.
Token: MERL
Allocation Rules: Minimum stake of 200 GAL is required to qualify. Maximum GAL stake that counts towards rewards is 5k GAL.
Token: ZK
Allocation Rules: Minimum stake of 100 GAL is required to qualify. Maximum GAL stake that counts towards rewards is 10k GAL.

NEAR Foundation Launches *NEAR Name Tokens as Multi-Chain, Cross-Platform Digital Identity for Web3
CoinVoice recently learned that according to the official blog, the NEAR Foundation announced the launch of *NEAR Name Tokens, a multi-chain, cross-platform digital identity for Web3 and beyond.
Users will be able to use these name tokens in a variety of ways, including: as simplified wallet addresses across hundreds of different blockchain networks, as infrastructure identifiers across hundreds of different blockchain networks, as cross-platform usernames across a variety of different decentralized platforms (including DeFi, GameFi, SocialFi, SportFi and other related applications), as verifiable credentials (VC) for platforms and services that users interact with, to obtain unique benefits and rewards programs for participating in the D3 ecosystem, and as an expression of interest in the ultimate .NEAR equivalent domain name on the Internet.
*NEAR Name Tokens have an asterisk (*) between the domain name and the extension, such as you*near, instead of a period (.). Part of the reason is that NEAR accounts already use the .NEAR extension, so they want to avoid confusing users.

Blockchain company Galxe recently announced that it will launch a Layer1 blockchain called "Gravity", designed for full-chain experience and full-chain abstraction. Gravity will integrate Galxe's core products to provide a seamless and scalable Web3 solution for its 20 million users. 🎉
Galxe said that the exponential growth of its user base and transaction volume in the past three years has highlighted the urgent need for efficient, scalable and secure cross-chain interaction solutions. Gravity can solve these challenges and provide an integrated and simplified experience for developers and users. 🚀
Gravity is a full-chain settlement layer that abstracts the technical complexity of chain interactions and integrates advanced technologies such as zero-knowledge proofs and state-of-the-art consensus mechanisms to ensure high performance, security and cost-effectiveness. 🔒
Harry Zhang, co-founder of Galxe, said that the launch of Gravity is precisely to meet the urgent need to simplify cross-chain interactions and provide a user-friendly experience. Its ability to abstract complexity will bring disruptive changes to developers and users. 👏
Gravity will launch Alpha Mainnet in June 2024 and Gravity Mainnet in the second quarter of 2025. Looking forward to Gravity's performance! 🎈

🎉Good news! Galxe announced that it will launch a new Layer1 blockchain Gravity, a product designed for full-chain experience and full-chain abstraction. Gravity will integrate Galxe's core products, including Quest, Compass, Passport, Score, Alva, and Galxe Identity Protocol. 🚀
Gravity uses the fastest execution layer Reth and the most advanced consensus algorithm Jolteon (AptosBFT), providing high throughput and near-instant finality. Moreover, Gravity will be fully compatible with EVM, enabling developers to seamlessly deploy and interact with smart contracts. 👏
The launch of Gravity will be carried out in two key phases. First, the Gravity Alpha Mainnet will go live in June 2024, powered by the Arbitrum Nitro technology stack. Then in the second quarter of 2025, Galxe will launch Gravity Mainnet, a PoS Layer 1 blockchain driven by re-collateralization, with Reth as its EVM execution engine. 🔥
Harry Zhang, co-founder of Galxe, said that the launch of Gravity was to meet the urgent need to simplify cross-chain interactions and provide a user-friendly experience. He believes that Gravity's ability to abstract complexity will bring disruptive changes to developers and users. 🌟
In addition, Latch will be the first ecological project launched on Gravity. Latch.io is an on-chain Yu'ebao built on Gravity, aiming to connect the interest-bearing assets and liquidity of the entire chain. Galxe will also integrate Latch in the future and upgrade Galxe Smart Balance to Galxe Smart Savings. 🎈
This is a project worth looking forward to, let us wait and see! 👀

https://www.binance.com/square/post/7336457558481?ref=527648310&utm_campaign=app_square_share_link&utm_source=copylink

Odaily Planet Daily News NEAR Foundation launches the Infrastructure Committee, a new initiative aimed at strengthening NEAR's critical infrastructure. The program allocates $4 million to support infrastructure projects, aiming to support the success of NEAR ecosystem projects in an open and transparent manner, and to allocate funds and find projects. It is reported that critical infrastructure includes RPC nodes, relayers, indexers, bridges, wallets, load balancers, and oracles. In addition, NEAR should be properly listed on all available DEX tools; incidents and outages need to be easily reported and fixed. The committee is composed of ecological leaders and partners from the core NEAR organization. Its goal is to decentralize decision-making, enhance critical infrastructure, and simplify work to increase clarity and decentralization. #near @NEAR Protocol

#near #near [NEAR will hire artificial intelligence engineers as part of its artificial intelligence roadmap]
Layer1 platform NEAR plans to recruit artificial intelligence (AI) engineers in the next 3-6 months as part of its roadmap to build user-owned AI systems. CoinDesk has learned that NEAR’s product team is starting to plan its AI workflow for this period, and the news was revealed to core employees by NEAR co-founder Illia Polosukhin during a virtual city meeting.
As the intersection of AI and blockchain becomes increasingly popular, NEAR is working hard to take the lead in this industry. Polosukhin participated in a panel on "Transformational AI" at last month's Nivida conference, during which the price of the NEAR token doubled.
The NEAR team has extensive experience in the AI ​​industry. Polosukhin is not only an artificial intelligence researcher and software engineer, but also co-developed the "Transformer" architecture that drives generative AI systems such as ChatGPT.
NEAR, which is scheduled to be announced in May, will share AI-related information through the Near.ai website. As a non-profit and decentralized platform, NEAR believes that it has a unique advantage in promoting open source AI, and believes that its token economy can create value in an open, permissionless ecosystem, rather than relying on revenue like a for-profit company. Mainly motivation.
NEAR has been promoting its "chain abstraction" concept in recent months, aiming to optimize the crypto user experience by reducing barriers in multi-chain environments. According to information obtained by CoinDesk, the introduction of AI is expected to speed up development and simplify operations, further supporting NEAR in achieving its core mission.

Galxe launches Galxe Identity Protocol, allowing encrypted data to be verified without exposing the data itself
Foresight News reported that Galxe has launched the Galxe Identity Protocol through the mainnet, which uses ZKP technology to allow encrypted data to be verified without exposing the data itself. The Galxe Identity Protocol can be used for anti-sybil attacks, reputation systems, credit systems, achievement systems, personal data markets, identity verification, decentralized review systems, etc. #GALAXY

ChainCatcher news, according to The Block, Near Protocol co-founder Illia Polosukhin said, “Chain abstraction may trigger the next transition in the encryption space and Web3, which is necessary for mainstream adoption. The idea is that blockchain must start from abstracted away from the user so that they do not become a barrier to entry or participation." #near暴涨8倍

Near co-founder: Chain abstraction is crucial to mainstream adoption
TechFlow news, Near Protocol co-founder Illia Polosukhin said that chain abstraction may become the next shift in the crypto space and Web3, which is crucial to mainstream adoption.
This concept separates the blockchain from the user experience. For example, in blockchain networks such as Near, users can create and restore accounts using email addresses.
Despite security risks, Polosukhin believes that encryption and blockchain can help prevent the abuse of artificial intelligence.
Earlier news, Near Foundation launched the Chain Signatures protocol, allowing users to sign transactions on third-party blockchains from a single Near account.

NEAR predicts to reach above $9.5
Waiting for Dogecoin to break out
Optimistic about NEAR prospects
The analyst used Elliott Wave Theory to identify two five-wave patterns on NEAR's four-hour price chart.
NEAR is trading at $7.84, and the analyst predicts that after completing the first two waves of the five-wave formation, the price of the altcoin will rise to above $8.80 and $9.53. #Filecoin. #near暴涨8倍 #GAL、