Bitget CEO Gracy Chen on NEAR Intents' risk layer built on the idea that permissionless doesn't mean neutral

"I just learned about Shelled system through this article that the NEAR Intents CEO just wrote. He talked about how they build this thing that's basically a risk intelligence layer protecting NEAR Intents, it automatically detects any deviations in flows and collects a lot of inputs from KYT providers and independent researchers."

"Based on all these signals, the protocol can decide whether they want to allow a particular transaction to happen or not. So their stance is that permissionless doesn't mean neutral, that they should basically refuse to help launder stolen assets. That is a key stance they are making, which I really thank them for."

"As I pointed out earlier to another DeFi protocol, we publish all this data on the dashboard, those are obviously laundering flows and stolen funds, and we hope the protocols can react to them. But whether they can or not is a technical problem. It may also be a governance problem, and each individual protocol works very differently."