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35285
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% 0.99
BTC Dominance:
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Market Cap:
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Bitcoin:
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BTC Dominance:
% 63.6
Market Cap:
$3.76 T

What is Newton Protocol (NEWT)? What Does It Do?

Newton Protocol (NEWT) is an innovative platform offering reliable and verifiable automation infrastructure in the Web3 world. Developed by Magic Labs and the Magic Newton Foundation, this protocol enables users to perform complex blockchain transactions securely, transparently, and automatically. The NEWT token stands out as a core component supporting the protocol’s security, governance, and transaction fees. In this article, we will explore in detail what Newton Protocol (NEWT) is, what it does, and the innovations it brings to the Web3 ecosystem.

What is Newton Protocol (NEWT)?

Newton Protocol provides a decentralized automation layer, allowing users, developers, and operators to easily manage blockchain-based transactions. By simplifying the fragmented structure of Web3, it enables users to set goals like “maximize my stablecoin yields” and have these goals automatically executed by smart agents. These agents, supported by technologies such as Trusted Execution Environments (TEEs) and Zero-Knowledge Proofs (ZKPs), cryptographically prove that every transaction complies with user-defined rules.

Currently operating on the Base network, Newton allows users to manage their digital assets securely and autonomously. The protocol offers developers the opportunity to create their own agents and offer them in an automation marketplace, while providing users with an intuitive interface to streamline financial transactions.

What Does Newton Protocol (NEWT) Do?

Newton Protocol addresses key challenges in the Web3 ecosystem: user experience (UX) complexity, lack of trust, and inefficient capital utilization. Here are the protocol’s core functions and benefits:

  1. Verifiable Automation: Newton makes off-chain automation processes reliable. Users can limit agent behavior with zkPermissions and verify that each transaction aligns with their intent through ZKPs.
  2. User-Friendly Experience: Without requiring technical knowledge, users can automate complex tasks like portfolio management, cross-chain transactions, or yield optimization using natural language prompts.
  3. Secure and Transparent Agents: Agents operate within TEEs and produce cryptographic proofs for each transaction, allowing users to leverage automation securely without sharing private keys.
  4. Multi-Chain Operations: Newton bridges different blockchain networks, automating asset transfers, liquidity provision, or arbitrage.
  5. Developer-Friendly Ecosystem: Developers can create their own automation agents using Newton SDKs and zkML frameworks and offer them in the marketplace.

NEWT Use Cases

Newton Protocol offers a wide range of use cases for finance, commerce, and decentralized automation:

  • Cross-Chain Strategies: Portfolio rebalancing, liquidity provision, or regular token purchases.
  • Yield Optimization: Automatically finding and allocating the highest yields for stablecoins and other assets.
  • Risk Management: Agents monitoring portfolio health and taking automated actions.
  • Trading Automation: Copy trading, limit orders, or AI-based trading strategies.
  • DAO and Institutional Use: Automated management of DAO treasuries or enforcement of institutional compliance rules.

Technical Infrastructure of Newton Protocol

Newton Protocol is built on three core principles to earn user trust:

  • Scoped Autonomy: Users define agent behavior with clear rules via zkPermissions.
  • Verifiable Integrity: Each transaction is proven to align with user intent through ZKPs.
  • Earned Reputation: Agents build reputation based on performance, with economic penalties preventing misbehavior.

The protocol uses smart account standards like ERC-4337 and EIP-7702 to enable secure delegation. Additionally, the Execution Orchestrator, an orderbook-based marketplace, matches user demands with operators. Operators execute tasks in TEEs or zk-circuited AI models, producing TEE attestations and ZKPs for each transaction.

How to Create Your First Agent with Newton Protocol?

Newton Protocol (NEWT) is an innovative platform in the Web3 ecosystem that enables users to manage their digital assets automatically and securely. In this guide, we will explain step-by-step how to create your first Recurring Buy Agent using the Newton app. This agent allows you to automatically purchase a specific asset at regular intervals and can be deactivated at any time.

  1. Log in to the Newton App

Go to newton.xyz/app and log in. On the dashboard, click the Start Agent button in the Explore Agents section.

  1. Fund Your Wallet

Your wallet must have funds for the agent to operate. Funding options:

  • Transfer from wallets like MetaMask.
  • Purchase crypto via fiat on-ramp.

To find your wallet address:

  • Click the wallet icon in the top right.
  • Copy the address or click Receive to display the QR code.
  • Use Base USDC.

Note: For fiat on-ramp details, visit the Adding Assets | Fiat On-Ramp page.

  1. Configure the Agent

After funding your wallet, set up the agent, e.g., for hourly cbBTC purchases:

  • Asset: cbBTC
  • Payment: USDC
  • Amount: 1 USDC per hour
  • End Date: April 24, 2025, or until funds run out

Click Continue, then review settings on the confirmation screen.

  1. Smart Account and Permissions

If creating an agent for the first time, your smart account is deployed onchain, and zkPermissions are recorded. This ensures secure transactions.

  1. Monitor and Manage the Agent

Your agent appears in the active category on the dashboard. Transaction details are listed in a chat interface. To deactivate:

  • Click the agent’s menu button.
  • Select Deactivate Agent.
  • Confirm in the chat.

Note: Deactivated agents cannot be reactivated; create a new one with the same settings.

NEWT Tokenomics

NEWT is the native token of Newton Protocol, playing a critical role in the protocol’s security and governance. Zero-Knowledge Proofs (ZKPs), used to enhance the reliability of off-chain automation, verify transaction accuracy and ensure user trust. The token is also used for transaction fees and agent registration in the automation marketplace. The tokenomics distribution is as follows:

Token Distribution

  • Liquidity: 4%
  • Core Contributors: 18.5%
  • Early Backers: 16.5%
  • Onchain Ecosystem Growth Fund: 15.5%
  • Onchain Ecosystem Development Fund: 12.5%
  • Initial Airdrop and Community Rewards: 10%
  • Onchain Foundation Treasury: 9.5%
  • Network Rewards: 8.5%
  • Magic Labs: 5%

Vesting Details

The vesting status of Newton Protocol’s tokens is as follows:

  • Ecosystem Growth Fund: 155M NEWT (Locked)
  • Ecosystem Development Fund: 125M NEWT (Locked)
  • Initial Airdrop & Community Rewards: 100M NEWT (Locked)
  • Foundation Treasury: 95M NEWT (Locked)
  • Liquidity: 40M NEWT (Locked)
  • Network Rewards: 85M NEWT (Locked)
  • Core Contributors: 185M NEWT (Locked)
  • Early Backers: 165M NEWT (Locked)
  • Magic Labs: 50M NEWT (Locked)

This vesting structure ensures controlled token release, supporting long-term ecosystem growth.

Newton Protocol’s Backers

Newton Protocol is supported by strong investors and partners, including PayPal Ventures, WalletConnect, Polymarket, Naver Financial, Immutable, Polygon, and Helium. This backing proves the protocol’s reliability and potential in the Web3 ecosystem.

Newton Protocol (NEWT) Team

Newton Protocol (NEWT) is an innovative project brought to life by Magic Labs. The founding team consists of Sean Li, a visionary leader and co-founder, alongside Jaemin Jin, who provides significant contributions. Together, they have united to build and shape the foundation of Newton Protocol.

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