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Fusotao (TAO) is a decentralized trading protocol designed to enhance the efficiency and security of order book-based matching systems on the blockchain. It implements a unique verification protocol that allows for executing trades off-chain while ensuring their integrity through on-chain verification. This system aims to reduce latency and transaction costs, enabling smooth and dependable trading experiences without relying heavily on human trust. The protocol is a backbone for decentralized exchanges (DEXs), providing the necessary infrastructure to match transactions reliably.
The native utility token of the Fusotao Protocol, TAO, incentivizes developers and community participants within its ecosystem. Community members can earn TAO tokens through trading, participating in community governance, contributing as verification nodes, and staking their tokens. By participating, users can also share in the transaction fees generated by the DEXs that leverage the Fusotao Protocol, creating a sustainable economic model for all stakeholders involved.
Fusotao distinguishes itself from traditional automated market makers (AMM) and zero-knowledge-proof DEXs by offering lower transaction costs and faster execution times. With its off-chain execution environment and efficient verification mechanisms, users retain complete control over their assets while benefiting from a seamless trading experience reminiscent of centralized exchanges. As a community-driven network, most TAO tokens are distributed through rewards, encouraging active participation and engagement in the Fusotao ecosystem.
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