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PICASSO (PICA) is a cryptocurrency within the Composable Finance ecosystem. Composable Finance is a platform that enables the development of cross-chain applications in a trustless, non-custodial, and decentralized manner. To pioneer innovative Web3 user experiences, Composable Finance allows for the creation and execution of functions asynchronously through its modular approach.
At the core of Composable Finance is the Cross-Chain Virtual Machine (XCVM), which serves as the top-level orchestration layer for deploying protocols across multiple chains. This enables ecosystem communication and interoperability, overcoming fragmentation and reliance on trusted solutions. Bridges, developed using trustless technology, facilitate asset and information transfer between chains, further enhancing the ecosystem’s cross-chain functionality.
Composable Finance also includes Composable Labs, which builds unique DeFi pallets in modular code that other developers and pallets can utilize. The platform offers grants and technical assistance to projects that utilize their technology, emphasizing essential functionality and high levels of innovation. Composable Research, the deep-tech cryptography wing of Composable Finance, contributes to research and academic publications in diverse technical domains, advancing the field of Web3.
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