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Cryptocurrency News Articles

NEAR Protocol Officially Partners with RSS3 to Build a More Decentralized Web

Mar 12, 2025 at 03:00 am

NEAR and RSS3 work together to establish improved infrastructure while enabling LiNEAR liquid staking alongside heightened

NEAR Protocol Officially Partners with RSS3 to Build a More Decentralized Web

output: NEAR Protocol has partnered with RSS3 to bring a more decentralized and community-driven web.

This partnership was announced by RSS3 through its official X account, which begins operating on March 11, 2025.

Excited to announce our partnership with NEAR Protocol! ?

We're joining forces to build better infrastructure, introduce LiNEAR liquid staking, and foster deeper engagement within the decentralized ecosystem.

Read more: https://t.co/05yB6YvM9c

— RSS3 (@RSS3__) March 10, 2025

The main focus of this strategic partnership concerns the development of shared infrastructure. NEAR and RSS3 are combining their resources to build a stronger base for decentralized technological development.

RSS3 will bring its advanced data infrastructure to the NEAR ecosystem with seamless integration, enhancing the scalability and operational efficiency of decentralized applications (dApps). This collaboration will expand the possibilities for developing NEAR-based projects and amplify existing services.

This partnership will also promote more active community involvement. The NEAR community will establish NEAR.social as their central platform, where developers, creators, and users can interact and collectively grow the decentralized NEAR ecosystem through the exchange of ideas.

With higher levels of community engagement, demand for both NEAR and RSS3 tokens could increase, which may impact their market prices.

Furthermore, NEAR is introducing liquid staking functionality to its users through the LiNEAR system. The implementation of liquid staking provides opportunities for users to engage in decentralized finance (DeFi) while keeping their assets easily accessible and liquid, offering greater flexibility.

This innovation provides more efficient staking opportunities and encourages broader participation in the Open Web.

The DeFi capabilities within the NEAR ecosystem will benefit from RSS3’s data-parsing infrastructure, which can seamlessly integrate with NEAR dApps. Developers will find it easier to create DeFi applications thanks to the standardized data infrastructure. This will ultimately strengthen the entire ecosystem.

Through their agreement, NEAR and RSS3 are setting the stage for the next phase in realizing a fully decentralized and open web. With their combined efforts to develop superior infrastructure and broader options for stakeholders, NEAR and RSS3 are laying the foundation for future Web3 developments.

Original source:livebitcoinnews

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