NEAR Protocol Price | Utility & Value Explained NEAR

This sub-VCM represents both the role of NEAR as the native token of the eponymous blockchain and the deflationary appreciation of all NEAR in the circulation due to the NEAR-specific mechanism of fee burning (instead of having base and priority fees, 70% of the fees are burnt).

This sub-VCM represents playing the role of a block validator in NEAR and all the benefits it entails. Once a user accrues a stake in excess of a dynamic threshold, which is determined as the greater of the values of 25500 NEAR and the value of the 300th validator proposal, he becomes enters the set of chunk validators and becomes eligible to enter the set of block validators, which is composed of the top 100 validators by stake, at which point he can participate in securing the consensus by producing chunks and producing and validating blocks. Rewards are derived from emissions with a dynamic target APR based on the stake rate of NEAR, with the details being given at https://www.near.org/blog/near-protocol-economics.

Validators with uptime of less than 90% are bereft of rewards.

This sub-VCM represents the possibility of delegation of stake to an active validator in order to share the rewards he is accorded. The reward is shared proportionally to the contribution of the user less the fee set by the validator.

This sub-VCM represents playing the role of a chunk validator in NEAR and all the benefits it entails. Once a user accrues a stake in excess of a dynamic threshold, which is determined as the greater of the values of 25500 NEAR and the value of the 300th validator proposal, he becomes enters the set of chunk validators, at which point he can participate in securing the consensus by validating chunks. Rewards are derived from emissions with a dynamic target APR based on the stake rate of NEAR, with the details being given at https://www.near.org/blog/near-protocol-economics.

Validators with uptime of less than 90% are bereft of rewards.

This sub-VCM represents the unique model of contract deployment NEAR has implemented. Under this model, storage space accorded to a contract must be paid for by staking a number of tokens, and transactions involving a smart contract route 30% of the begotten fees to the smart contract's account, naturally providing a measure of income for smart contracts that generate much fee throughput.