fusotao-protocol logo download PNG or SVG

Information about fusotao-protocol

Fusotao Protocol, which is supported by the NEAR foundation and Octopus Network, is a verification protocol for a matching system that operates on the principle of conducting transactions off-chain and verifying them on-chain. The Fusotao network functions as an application chain within the Octopus Network, managing users' assets and validating matching transactions from off-chain exchange services. With the Fusotao appchain serving as an on-chain verifier and founders deploying their own off-chain matching server, they can create their own decentralized exchanges (DEXs). Additionally, communities have the opportunity to earn rewards by trading on these DEXs or staking tokens directly to support DEXs operating under the Fusotao Protocol, enabling them to share in the associated transaction fees.

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