NEAR Protocol is a high-performance, developer-friendly proof-of-stake blockchain designed for scalable decentralized applications. The ecosystem is secured by its native NEAR token, which is utilized for transaction fees, staking, and governance operations.
According to official disclosures, NEAR had an additional tranche of private sale funds with an additional 0.25% allocated to the sale. Only confirm that early NEAR fundraising was conducted across multiple tranches via convertible notes with lockups ranging from 12 to 36 months. The specific metrics for this standalone event lack programmatic verification, classifying it as an unverified rumor within the broader early funding history.
12 to 36-month linear vesting