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NEAR Goes live with a confidential-account-based SOL yield feature, allowing users to exchange or transfer tokens at any time.
NEAR Launches a confidential-account SOL yield feature
PANews October 16 reports that NEAR Protocol goes live with a SOL yield feature based on confidential accounts. Under this mechanism, the vault only receives users’ deposit funds and does not obtain users’ original addresses. This product has no lock-up period, and users may exchange or transfer tokens at any time.
Source: https://www.panewslab.com/zh/articles/01a143b6-3875-745e-9785-1e0be3759db4
NEAR Protocol Goes live with a confidential-account-based SOL yield feature.
Under this mechanism, the vault only receives users’ deposit funds and does not obtain users’ original addresses.
This product has no lock-up period, and users may exchange or transfer tokens at any time.
This news was reported by PANews.
The following is analysis, separate from reported facts. Verify important claims independently.
Simply put, this is a feature that allows SOL deposits to participate in yield generation. The vault reportedly cannot see users’ original addresses, and users do not have to wait for a fixed period before exchanging or transferring tokens.
It gives SOL holders an additional yield channel emphasizing address privacy and fund flexibility.
Beginners should focus on the source of yield, fees, risks, and whether normal redemption is possible, rather than judging safety solely based on “confidentiality” or “no lock-up period.”
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