"RHEA + NEAR Intents, the golden partner of non-EVM ecosystems, rewriting the cross-chain landscape"

❖ In fact, there has always been a rather awkward issue in the crypto space:
Strong chains like Zcash, Bitcoin, and XRP have no decent DeFi applications simply because they are not part of the EVM system. If you hold these coins, there's no way to manage your finances. In contrast, EVM chains are overcrowded, with all the liquidity piled together.

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As soon as the Intents from @NEARProtocol came out, they directly solved this difficult problem.

In the past, cross-chain transactions were both troublesome and costly. Now, with it, one account can handle everything, without the need to switch wallets back and forth, and without worrying about gas fees.

Transfers and transactions are also very fast, arriving in just 1.2 seconds, with a fee of only 0.01 dollars, and it supports a wide variety of assets, over 125 types.

Let's take a look at the impressive data: the total trading volume has exceeded 5 billion USD, reaching 3 billion in the last 30 days, and the growth rate is truly remarkable.

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Having Intents is not enough; @rhea_finance has clearly leveraged this advantage to make non-EVM DeFi a reality!

It was originally a merger of the two leading protocols in the NEAR ecosystem, and now, leveraging the cross-chain capabilities of Intents, it has created a practical "Unified Lending Pool."

Whether it's USDC on an EVM chain, or ZEC and Bitcoin on non-EVM chains, they can all be placed in one pool. You can collateralize whenever you want and borrow whenever you want, no longer restricted by the chain.

The most impressive part is that Rhea launched the lending market for Zcash first, which is the first DeFi lending specifically for Zcash!

Moreover, the returns are quite high. On the EVM chain, the annual yield for USDC is only 6%, but here on Rhea, the annual yield can reach 12%, doubling directly.

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❖ Let's take another look at Rhea's performance:
Currently, 94.6% of the TVL on the NEAR chain is in this (116.87 million USD), with a 30-day trading volume of 943 million. The token has increased by 259% from its low, and it can also use protocol revenue to buy back tokens, with annualized fee income approaching 8 million.

❖ In fact, these two are a perfect match:
Intents built a "highway" for Rhea with cross-chain capabilities, allowing Rhea to easily activate idle funds on non-EVM chains along this road.

Conversely, the better Rhea develops, the more people will trade using Intents.
In just the third quarter of this year, Intents completed 2.3 million transactions, with a total value of up to 234.9 million USD, raising the entire NEAR ecosystem's market capitalization by 24.3%.

It's now more convenient, with 7.5 million Ledger wallets in use, all natively supporting Intents, making it accessible for ordinary people.

Next, Rhea will fully launch the multi-chain lending market at the end of November, and will later support non-EVM chains like Sui and Aptos. There are even plans to create a vault managed by AI that helps manage your funds. When you deposit money, the AI will automatically adjust your portfolio across different chains to help you earn more, and it will provide real-time notifications for any changes.

In simple terms, @NEARProtocol acts like a bridge between different blockchains, allowing data to flow smoothly, while @rhea_finance is responsible for thoroughly implementing non-EVM DeFi scenarios.

After their collaboration, previously overlooked non-EVM blockchains have now become a hot new area for the development of decentralized finance!