Fusotao (FCFS)

Fusotao Protocol is a verification protocol for order-book based matching systems, using the paradigm of “execute off-chain, verify on-chain”. Founders can build their own DEXs based on Fusotao. Communities can earn rewards by trading on the DEXs or directly staking tokens for the DEXs backed by Fusotao Protocol to share transaction fees.

Fusotao Protocol Raised $2.4M

Whitepaper

Onepager

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Interest lvl

Medium

Updated: Jul 25, 2022

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User Rating

High

3.7/5 • 3 votes

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Ticker

FCFS

Type

Utility-token

Launchpads

Poolz Finance

What is Fusotao

The Fusotao Protocol is a verification protocol for an orderbook-based matching system, using paradigm of "execute off-chain, verify on-chain". Powered by the decentralized infrastructure of Fusotao, trust-free orderbook-based matching systems with zero-cost gas and low latency can be built. Through the method of off-chain matching, the process of order submission, order matching, certification generation and other processes runs on a centralized off-chain server, which enables traders to obtain the same fast and userfriendly trading experience as CEXs. Through the method of on-chain verification, only when the transactions under the chain pass the verification on the chain, will the user's assets on the chain be changed, thereby ensuring the security of the user's assets.