#newt $NEWT Read about Newton Protocol today and one stat actually stopped me mid scroll.
Only 40% of all the stablecoins out there — out of like $230 billion total — is actually being used. Rest is just sitting idle. A big part of why is that automating anything onchain right now usually means handing your private keys over to a bot or some centralized service.
Newton is trying to fix that using TEEs and Zero Knowledge Proofs so you can let an agent execute tasks without actually giving up custody of your funds. The permissions system lets the agent do exactly what its authorized for, nothing more, and its provable.
Looked into who's building it too. Magic Labs, the same team behind Kitematic before Docker bought it. Not some random team that showed up for the hype cycle.
$NEWT is the token underneath all this and Mainnet Beta is live now so its not just a whitepaper anymore.
Still early to know how it plays out honestly but the problem they're solving is real.
@NewtonProtocol $NEWT #Newt
Only 40% of all the stablecoins out there — out of like $230 billion total — is actually being used. Rest is just sitting idle. A big part of why is that automating anything onchain right now usually means handing your private keys over to a bot or some centralized service.
Newton is trying to fix that using TEEs and Zero Knowledge Proofs so you can let an agent execute tasks without actually giving up custody of your funds. The permissions system lets the agent do exactly what its authorized for, nothing more, and its provable.
Looked into who's building it too. Magic Labs, the same team behind Kitematic before Docker bought it. Not some random team that showed up for the hype cycle.
$NEWT is the token underneath all this and Mainnet Beta is live now so its not just a whitepaper anymore.
Still early to know how it plays out honestly but the problem they're solving is real.
@NewtonProtocol $NEWT #Newt