> For the complete documentation index, see [llms.txt](https://docs.metapool.app/master/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.metapool.app/master/meta-pool-by-chains/near-protocol/how-does-meta-pool-work.md).

# How does Meta Pool Work?

When you [liquid stake $NEAR with Meta Pool](https://www.metapool.app/stake), your $NEAR tokens are **distributed to 80+ validator nodes**. This helps decentralize and secure NEAR Protocol and allows new nodes coming into the NEAR Protocol network to get more exposure to retail $NEAR holders.

[ ](https://www.metapool.app/stake)

<figure><img src="https://1322102881-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5HvxIwoS8YhIHItpA1lt%2Fuploads%2FlgcDCWyPt9pGFBgtXDxw%2Fdesarrollo%20FINAL-07%201.png?alt=media&amp;token=84fdb105-4cb3-4f4f-bdf0-24983bf69c4c" alt=""><figcaption></figcaption></figure>

Meta Pool smart contract not only distributes funds across many validators, but it also **automatically rebalances the allocation to each validator.**&#x20;

The rebalancing is based on several parameters such as the % of funds staked with each validator (preventing any one validator from being too concentrated), and overall performance (deterring and removing underperforming validators which can undermine the network).

We have **4 criteria for selecting validators** on the NEAR network, that are in line with our ethos of transparency and fairness:

1. Uptime > 95%
2. Fees < 10%
3. Making sure the validator doesn't reduce the Nakamoto Coefficient
4. Have enough tokens to accomplish the seat price of NEAR Protocol