NEAR Protocol Launches Private Solana Deposit and Yield Service
Bloomingbit Newsroom
Summary
- NEAR Protocol said it has launched a service that lets users deposit Solana (SOL) and earn yield without disclosing their wallet addresses.
- Deposited assets are managed through a vault operated by Gauntlet on Kamino, a Solana-based DeFi platform.
- The service has no mandatory lock-up period, allowing users to swap their assets or transfer them to another wallet at any time.
Forecast Trend Report by Period
NEAR Protocol has launched a service that allows users to deposit Solana and earn yield without disclosing their wallet addresses.
On Oct. 16, NEAR Protocol announced on its official X account that it had rolled out a privacy-enabled Solana deposit service.
The service is designed to keep users' wallet addresses from being exposed externally when they deposit Solana. Deposited assets are managed through a vault operated by Gauntlet on Kamino, a Solana-based decentralized finance platform.
There is no mandatory lock-up period. Users can swap their assets or transfer them to another wallet at any time.
Bloomingbit Newsroom
news@bloomingbit.ioFor news reports, news@bloomingbit.io