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If your team needs to make a payment in a token that the treasury does not currently hold, or if you want to rebalance the treasury’s portfolio, you can create a swap request to exchange one token for another. Asset swap overview You can swap assets directly in NEAR Business, making it easy to manage your treasury’s portfolio and access liquidity when needed.

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Creating a Swap Request

To swap assets, navigate to the Exchange section in the left sidebar. Select the assets you want to swap from and to, enter the amount, and review the details before confirming the request. Swap request review
Only team members with the Requestor role can create swap requests.

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Swap Fee

NEAR Business charges a 0.35% fee on the amount being swapped. This fee is included in your quote and covers the costs of the underlying swap protocol—NEAR Intents—and the NEAR Business fee.
Swaps in NEAR Business are built on NEAR Intents, a platform for multi-chain asset swaps that provides competitive rates and low fees across different blockchains.

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Voting on Swap Requests

Members with the Finance role can vote on swap requests while they are open - determined by the treasury’s voting configuration. If the request does not receive enough votes — as defined by the voting threshold - it will be automatically rejected.