Description
Fusotao is a proof-based, orderbook matching system protocol within the web3 and blockchain ecosystem, aimed at facilitating secure and efficient trading on decentralized platforms through a non-custodial, permissionless, and transparent approach. It introduces a 'match-and-execute' mechanism that combines off-chain order matching with on-chain settlement, optimizing transaction speed and reducing operational costs by minimizing the computational load on the blockchain mainnet. Designed to serve as a foundational infrastructure for decentralized exchanges (DEXs) and various financial applications, Fusotao supports a range of operations such as spot trading and futures. It enhances interoperability across different blockchain networks, catering to developers in the decentralized finance (DeFi) space. The protocol leverages an "execute off-chain, verify on-chain" paradigm, ensuring assets are secured without relying on human trust or incurring high latency and costs. Fusotao's open-source framework encourages global developer contribution, promoting the growth and adoption of decentralized trading solutions.
Fusotao is a proof-based, orderbook matching system protocol within the web3 and blockchain ecosystem, aimed at facilitating secure and efficient trading on decentralized platforms through a non-custodial, permissionless, and transparent approach. It introduces a 'match-and-execute' mechanism that combines off-chain order matching with on-chain settlement, optimizing transaction speed and reducing operational costs by minimizing the computational load on the blockchain mainnet. Designed to serve as a foundational infrastructure for decentralized exchanges (DEXs) and various financial applications, Fusotao supports a range of operations such as spot trading and futures. It enhances interoperability across different blockchain networks, catering to developers in the decentralized finance (DeFi) space. The protocol leverages an "execute off-chain, verify on-chain" paradigm, ensuring assets are secured without relying on human trust or incurring high latency and costs. Fusotao's open-source framework encourages global developer contribution, promoting the growth and adoption of decentralized trading solutions.
