NEAR Intents Integrates with Brave Wallet

Key Takeaways

  • NEAR Intents integrates with Brave Wallet, allowing simplified cross-chain cryptocurrency swaps directly in the browser.
  • This feature expands the wallet’s multi-chain capabilities and supports networks like Bitcoin, Solana, and Ethereum.
  • NEAR Intents uses an intent-based model where users request desired outcomes, simplifying asset exchanges across blockchains.
  • Solvers evaluate proposals to fulfill requests, with execution and settlement occurring once the outcome is achieved.
  • The integration reaches over 110 million Brave browser users, enhancing NEAR Intents’ cross-chain capabilities.

NEAR Intents has been integrated into Brave Wallet through the Brave browser. The feature allows simplified cross-chain cryptocurrency swaps inside the wallet. The integration arrived with Brave browser version 1.88. It expands the wallet’s multi-chain capabilities. Brave Wallet users can move digital assets across several blockchain networks without external tools.

NEAR Intents Enables Cross-Chain Transactions

NEAR Intents is a transaction framework built on the NEAR Protocol. The system allows users to specify a desired outcome rather than detailed transaction steps. The network processes the request and determines how to complete it.

Users can request asset exchanges across different blockchains. The system automatically manages routing and execution. This removes the need for manual bridging or complex gas management.

Brave Wallet users can now swap assets across several networks. Supported chains include Bitcoin, Solana, Zcash, Cardano, and multiple Ethereum Virtual Machine networks. Ethereum, Base, and Arbitrum are among the supported EVM chains.

How NEAR Intents Executes Transactions

The NEAR Intents framework uses an intent-based transaction model. A user submits a request describing the final outcome. The request is broadcast to participants known as solvers.

Solvers propose different ways to fulfill the request. The application evaluates these options. It selects the most suitable solution.

The user then signs a commitment confirming the selected proposal. Solvers execute the required actions across blockchains. Settlement occurs once the requested result is delivered. A dispute process exists if the agreed outcome is not completed.

NEAR Intents Expands Brave Wallet Functionality

The integration of NEAR Intents expands the functionality of Brave Wallet. The wallet already supports token storage, NFT management, and decentralized applications. Cross-chain swaps can now be completed directly in the browser.

The architecture allows interactions between multiple blockchain ecosystems. Automated agents and human participants can act as solvers within the system.

Before the Brave integration, NEAR Intents had processed more than 19 million swaps. Cross-chain transaction volume exceeded $14 billion. Activity has occurred across 35 blockchain networks.

Brave browser reports about 110 million monthly active users. The integration extends NEAR Intents cross-chain capabilities to this user base.

Source: https://brave.com/blog/near-intents/