Unstaked Protocol Makes a Big Move with Its First Native Vesting Contract, Boosting Security and Transparency for AI and DeFi Projects

As the crypto landscape evolves, savvy investors are tuning out the noise and focusing on real progress. Near Protocol has made a big move with its first native vesting contract

As the crypto landscape continues to evolve, cutting through the noise and focusing on real progress is becoming an increasingly crucial factor for savvy investors. Today, we’ll be taking a closer look at some key developments that could be shaping the future of investing in digital assets.

Near Protocol is gearing up for a major step forward in token distribution security with the launch of the first NEAR-native vesting contract, a joint effort by Rhea Finance and Intellex.

This partnership is set to fill a gap in the NEAR ecosystem, which has yet to realize the full potential of such contracts despite their critical role, especially for projects focused on AI and DeFi.

Why Is This Integration a Big Deal?

This partnership marks a significant milestone for the NEAR ecosystem. It is the first time that a native vesting contract is being introduced on the network, showcasing the collaborative efforts taking place to enhance the blockchain’s capabilities.

The lack of a dedicated vesting contract has been a slight shortcoming for NEAR. While other smart contracts can technically perform this function, it isn’t their primary purpose, and there's no single go-to contract for optimal execution.

This integration is a seamless fit for the NEAR ecosystem, and it comes at a time when both AI and DeFi projects are actively seeking reliable platforms for their endeavors.

As these projects, particularly in Web3, increasingly rely on tokens for community participation and governance, having a secure and transparent method for allocating and distributing these tokens becomes paramount.

Shiba Inu’s Burn Rate Drops 95%, Volume Declines Sharply

Shiba Inu’s (SHIB) burn rate has dropped dramatically, with only 964,247 SHIB tokens burned in the past 24 hours, marking a 95% decrease from the previous day.

This slowdown follows a significant surge in burns on July 17, which reached over 68 million SHIB. However, the burn rate has been on a downward trajectory since then.

The latest batch of SHIB tokens was sent to a burn wallet from an email address, indicating that a community member or initiative is contributing to reducing the circulating supply of SHIB.

Shiba Inu buyers are still interested in buying the token, but is the interest ebbing away? A new report by Benzinga suggests that trading volume in Shiba Inu has dropped sharply.

The report, which cites data from crypto analytics firm CC0, states that Shiba Inu’s 24-hour trading volume fell by 76% to $63.6 million. It’s the lowest level since November 2022. At its peak earlier this year, Shiba Inu’s 24-hour trading volume was over $280 million.

Shiba Inu price has stayed relatively stable despite the dramatic drop in burn rate and trading volume. At press time, SHIB is changing hands at $0.0000064, according to Benzinga. The slight uptick in price could be due to the efforts of the Shiba Inu community to burn more tokens and support the token price.

Unstaked Surpasses $6 Million In Stage 13, Time Is Running Out For 2,700% ROI

Unstaked, the revolutionary new AI technology platform, is rapidly approaching the final stages of its presale. Having already raised an impressive $6 million and completed 12 stages of its presale, time is quickly running out for investors to secure tokens at lower prices and capitalize on the potential for massive gains.

Unstaked is rapidly revolutionizing the way we interact with technology. Its cutting-edge AI agents are already hard at work across Telegram and X, performing a diverse range of tasks. These agents are no figment of the future; they are actively engaging with communities, providing essential moderation and diligently executing tasks around the clock.

But what truly sets Unstaked apart is its groundbreaking Proof of Intelligence system. This state-of-the-art tech meticulously tracks every action undertaken by Unstaked’s AI agents, durably recording and verifying each interaction on the blockchain. This level of transparency is unmatched, ensuring that every movement and contribution is openly documented for all to see.

The value of the Unstaked token is intrinsically linked to the actions performed by these AI agents. As these agents tirelessly work to generate value for the community, the Unstaked token will accrue more value in direct proportion.

This unique system creates a unique synergy between technology, community, and tokenomics.

Unstaked is now in stage 13 of its presale, with tokens available at an incredibly low price of $0.009267. However, as the presale progresses through its final stages, the price will increase accordingly. By the time Unstaked launches, the token is set to reach a price of $0.1819.

For those who join early and buy Unstaked tokens