Rhea Finance collaborates with Intellex to launch NEAR native staking contract

Rhea Finance announced a partnership with infrastructure provider Intellex to launch the first native lock-up contract on the NEAR protocol. This aims to provide a secure and transparent token release mechanism for projects within the NEAR ecosystem. The contract supports automated token release processes to prevent early sell-offs and ensures compliance and traceability through Intellex's auditing infrastructure. This move fills the gap in native lock-up solutions on the NEAR protocol, providing security and a foundation of trust for projects built on NEAR, particularly in the AI and DeFi sectors.