NEAR: Milestone conditions met, eligible users can redeem NEAR rewards

BlockBeats news, September 21: NEAR Protocol tweeted that the NEAR volume-weighted average price (VWAP) has remained at $3.33 for three consecutive days, the related NEAR rewards have been redeemed and distributed, and users can log in to their accounts to check.

Official rules show that the team distributed an initial batch of 333,333 non-transferable milestone tokens, and the condition for triggering the snapshot is that Confidential Intents TVL reaches $70 million. Milestone tokens can only be converted into tradable NEAR after NEAR's 3-day volume-weighted average price reaches or exceeds $3.33. Users need to continuously hold a privacy balance of more than $100 on near.com and complete at least one privacy swap.

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