PodcastThe RollupIllia Polosukhin

Illia Polosukhin: The Future Of Finance Will Run On NEAR (Insider Take)

Illia Polosukhin says NEAR is shifting from zero-sum competition among layer-one blockchains toward a universal liquidity layer that works with other networks, apps, and protocols. He also points to NEAR’s flexible account model and its July mainnet launch of a Dilithium (ML-DSA) curve, which lets users adopt post-quantum keys without moving assets.

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Key Takeaways

Illia Polosukhin says NEAR is positioning itself as a universal liquidity layer that works with other blockchains, apps, and protocols, while its account model lets users rotate or add keys and adopt new cryptography. He says NEAR launched a Dilithium (ML-DSA) curve on mainnet in July, allowing users to update to post-quantum keys without moving assets.

TECHNOLOGY

Universal Liquidity — Illia Polosukhin says NEAR is moving away from zero-sum competition among layer-one blockchains and positioning itself as a universal liquidity layer. He describes working with other blockchains, apps, and protocols rather than competing for builders in isolation.

“Where like everybody was like, "Oh, you know, you should build on me, you should build on me."…”—

Intro

Robbie asks about NEAR’s growing attention and the market’s comparison of NEAR to Ethereum and Zcash to Bitcoin; Illia frames the project around decentralized technology, privacy, and connecting Web3 with broader markets.

NEAR Is Ethereum, Zcash Is Bitcoin?

Illia describes NEAR Intents as a market of markets that can match demand with counterparties, extending from crypto trading toward real-world services and ambitious projects such as building on Mars.

Build A Base On Mars Through NEAR

Illia says NEAR Intents is already aggregating crypto venues alongside Nasdaq and the New York Stock Exchange, enabling tokenized equities and liquidity to reach users through a single interface.

NEAR Now Aggregates Nasdaq & Equities

Robbie imagines using Aave to borrow against Hyperliquid positions and tokenized stocks without selling; Illia offers to connect him with Aave founder Stani Kulechov.

Borrow Against Perps Positions On NEAR(dot)com

Illia says NEAR was designed with quantum readiness in mind, especially through an account model that supports rotating and adding keys and adopting new cryptography.

NEAR Designed For Quantum In 2018

Illia says NEAR launched Dilithium, standardized as ML-DSA, on mainnet in July, allowing users to update account keys to post-quantum cryptography without moving assets.

One Button To Go Post-Quantum Now

Illia says a post-quantum NEAR account can hold assets across other chains, while NEAR builds security systems and works with those networks to help protect users.

Important Disclaimers

Not Investment Advice: For education only — not financial, tax or legal advice.

AI-Generated: Made by AI from source transcripts and may contain errors.

No Guarantees: Past performance does not predict future results; investing carries risk.

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