NEAR operates one of the most mature and transparent cryptoeconomic systems in the industry. With NEAR Intents all-time volume now over $19 billion, and NEAR AI powering workloads for major platforms like Venice, Brave, Abound, and more, NEAR is primed to capture value from the growth of both DeFi and the agent economy.  NEAR Intents are the privacy-preserving rails for connecting global liquidity and agentic commerce, with confidential volume growing steadily, support for new asset classes like RWAs, and a key role to play in large stablecoin swaps through the Stablecoin Transport Protocol.  Intents now routes value across 35+ chains, 135+ assets, and is integrated across major DeFi infrastructure, aggregators, and wallets. Over $1.5 billion in ZEC volume has moved across Intents. Since the fee switch went live at NEARCON, NEAR has generated over $8 million in revenue that is directed toward NEAR buybacks. NEAR’s network fundamentals are designed to accelerate a deflationary economic flywheel through increased network usage and ecosystem growth. The network’s token supply is fully unlocked. The halving upgrade reduced maximum annual inflation by 50%. And core products are generating real, recurring revenue.  This is how NEAR becomes the foundation for the AI economy and the currency of agents.  In an agent economy, the infrastructure layer will capture the most value. Agents will converge on the infrastructure that settles at scale, reaches the most liquidity, and keeps their operations confidential. NEAR has been uniquely architected from the beginning to combine scalable settlement, cross-chain execution, privacy-preserving execution, and private inference all into a single protocol.(NEAR Protocol)