NewtPrice

(NEWT)

Newton Protocol, represented by the token NEWT, is a decentralized infrastructure project designed to serve as a verifiable automation layer for the Web3 and decentralized finance (DeFi) ecosystem. Developed by Magic Labs and the Magic Newton Foundation, the project aims to simplify the complex user experience associated with managing assets across multiple blockchain networks. The core objective of Newton Protocol is to enable autonomous, AI-driven agents to execute complicated financial tasks on behalf of users. These tasks include activities like swapping assets, managing portfolios, and interacting with various DeFi protocols. By providing a unified platform, the project seeks to eliminate the friction caused by switching between different wallets and blockchain interfaces. Technologically, the protocol utilizes a combination of Trusted Execution Environments (TEEs) and Zero-Knowledge Proofs (ZKPs) to ensure that automation is both secure and transparent. A key feature of the network is the introduction of programmable permissions known as zkPermissions. This system allows users to delegate specific actions to AI agents while maintaining full sovereignty over their private keys and digital assets. This approach addresses a common trade-off in blockchain automation where users previously had to choose between manual management or giving third-party bots direct access to their funds. The NEWT token serves several essential roles within this ecosystem. It is the primary utility token used to pay for transaction fees and the costs associated with issuing automated commands to AI agents. It also functions as a tool for network security, where participants can stake their tokens to support the validation of transactions and agent activities. Additionally, token holders can participate in the governance of the protocol, allowing the community to vote on technical updates and the future direction of the project. The ecosystem involves several participants, including developers who build the AI agent models, operators who run the computational resources to execute those models, and validators who secure the network. Newton Protocol is designed to be interoperable across various Ethereum Virtual Machine (EVM) compatible blockchains, aiming to unify liquidity and provide a seamless experience for both retail users and professional developers. By shifting from a manual process to an intent-based automation system, the project positions itself as a foundational layer for the next generation of on-chain financial applications. Learn more

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.