Dragonfly Capital Joins NEAR Validator Advisory Board
Summary
Starting with the MainNet launch in October 2020, NVAB members work with the engineering teams on testing, feedback, requests for new features, and market research.The NVAB is also working closely with NEAR to develop the Smart Contract-based delegation for the staking of NEAR tokens, a unique innovation among Proof-of-Stake blockchain protocols. This enables a dynamic marketplace between validators and stakers while also securing the protocol.Haseeb shared a post about why he and his team are excited about NEAR and joining the NVAB. As a horizontally-scalable, sharded PoS blockchain, NEAR will offer solutions to many of the pain points facing other protocols today, such as network congestion, limited transaction throughput, prohibitively high gas costs, and barriers to mainstream usability.NEAR is a layer-one protocol designed to interoperate with Ethereum and which addresses some of the current challenges posed by the overwhelming volume of DeFi activity. The combination of accessible, native WASM-based runtime alongside EVM compatibility on the horizon, as well as a fully decentralized, trustless cross-chain asset bridge called the Rainbow Bridge, means that building on NEAR is accessible to any developer, whether porting apps from Ethereum, or builders just getting started on blockchain programming. Were very excited to welcome Dragonfly Capital to the NVAB and the wider NEAR community as we forge the path to true mainstream crypto adoption.