# Why build on NEAR?

DeFiShards is pioneering the first NFT vault on the NEAR Blockchain, utilizing NFTs to store multiple fungible tokens through a vault system, granting users complete ownership and control over their digital assets.

By leveraging the unique benefits of the NEAR blockchain, DeFiShards seeks to create a more accessible, user-friendly, and scalable platform that empowers users to manage their digital assets with true ownership and explore the vast potential of DeFi and NFTs.

Building on the NEAR blockchain offers advantages that align with DeFiShards goals:

**Scalability:** NEAR's design enables it to handle numerous users and transactions efficiently, ensuring that DeFiShards can accommodate high trading volumes and become a leading DeFi x NFT platform. 

**Low Transaction Fees:** NEAR's low transaction fees make DeFiShards more accessible and affordable for users, addressing the issues of high gas fees and slow transaction speeds experienced on other chains.

**Usability:** NEAR's user-friendly design, featuring human-readable account names, makes DeFiShards easier to navigate, particularly for users new to DeFi and NFTs.

**Account Abstraction:** DeFiShards leverages NEAR's account model natively, providing fully non-custodial NFT-powered DeFi use cases and fostering next-generation DeFi and NFT innovation.

We aim to promote NFT interoperability by fostering collaboration within the NEAR ecosystem, enhancing the utility and value of these unique assets. This approach supports DeFiShard's growth and contributes to innovative use cases across NEAR, ultimately improving the overall experience for creators, collectors, and users.

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