NEAR Foundation CEO Marieke Flament has stepped down aft 2 years successful her relation moving the enactment down the NEAR protocol (NEAR).
Chris Donovan, the foundation’s wide counsel, volition instrumentality her place, according to a Thursday blog post. Flament volition enactment connected arsenic a strategical advisor to Donovan until the extremity of the year. Flament volition stay astatine the instauration successful a assembly committee role.
“When I joined 2 years ago, NEAR had astir 50,000 users, and present we person implicit 2.5 cardinal regular progressive users,” Flament said successful an interrogation with CoinDesk. She added that Donovan is well-suited to the CEO relation present fixed “the existent regulatory landscape.” She added: “We are not the lone ecosystem making a determination similar that.”
The NEAR protocol presently ranks 34th successful presumption of full worth locked (TVL), a measurement of the magnitude of wealth stashed successful a fixed blockchain ecosystem, according to information from DefiLlama.
In September 2022, the NEAR Foundation launched a $100 cardinal task superior money and task laboratory successful concern with Caerus Ventures.
Edited by Nick Baker.