Binance Lists Newton Protocol (NEWT), Distributing Rewards to HODLers

The highly anticipated Newton Protocol (NEWT) has been listed on the Binance exchange, marking a significant step forward in the world of Decentralized Finance (DeFi). Developed by Magic Labs, the project aims to reimagine DeFi using AI-driven verifiable automation.

The Newton Protocol is built on a Verifiable Automation System that employs zero-knowledge proofs (ZKPs) and trusted execution environments (TEEs). This innovative technology ensures the security and integrity of transactions, making it easier for users to interact across multiple blockchains. Cross-Chain Compatibility simplifies asset bridging and portfolio management, enabling seamless interactions across various platforms.

The project boasts a total supply of 1,000,000,000 NEWT, with 215,000,000 NEWT currently in circulation (21.50%). A total of 12,500,000 NEWT (1.25% of the total supply) has been allocated for HODLer Airdrops Rewards.

The user score for NEWT stands impressively high at 9.9, reflecting the community's positive reception. The platform offers key features such as asset swapping, staking, portfolio rebalancing, and yield optimization automation.

To be eligible for the token allocation, users must lock BNB tokens worth $858.89 in Simple Earn or On-Chain Yields products for a period of 3 days from June 14, 2025, to June 17, 2025.

Users can delegate tasks to AI agents while maintaining control and security, thanks to the User Control feature. The available trading pairs for NEWT include USDT, USDC, FDUSD, BNB, and TRY.

The project also offers a promotion providing a 10% trading fees discount and 10% lifetime cashback on every trade. More information about the token can be found on the official website.

The spot market listing for NEWT is scheduled for June 24, 2025, at 14:00 (UTC). A reward can be claimed now, making this an exciting opportunity for those interested in the future of DeFi.

The team behind Magic Labs, the developers of the Newton Protocol, is focused on creating a blockchain wallet solution aimed at abstracting the complexity of on-chain interactions using AI and automation. However, specific individual names or detailed team composition are not publicly detailed at this time. The project is presented as a developer story by Magic Labs itself.

In summary, the Newton Protocol (NEWT) is set to revolutionize DeFi with its innovative AI-driven automation and cross-chain compatibility. With its strong user score, promising features, and exciting promotions, it's an exciting project to watch in the rapidly evolving world of DeFi.