Full Review Fosutao Protocol

Introduce

In a society with a strong economy, the Defi decentralized financial market is growing, so security is one of the prerequisites and more people pay attention to in the cryptocurrency market. death.

Fusotao is a completely new protocol, it is at the peak of network security and blockchain. The reason it is valued and flourished during this time is because it inherits the latest innovations in cryptography and distributed ledger technology. Thereby providing a whole new global network for the security and trading of digital assets.

In addition, the main mission of Fusotao is to build a decentralized infrastructure for the visionaries and pioneers involved in the project, in order to create an open network for all. everyone.

In today's post, you and I will take a closer look at the Fusotao Protocol (TAO) project — a verification protocol for an order book-based matching system that uses the “doing out” model. off-chain, on-chain verification”. The Fusotao Network is an application chain based on the Octopus Network for holding user assets and verifying matching transactions from off-chain exchange services. Founders can build their own DEX using the Fusotao application chain as an on-chain verifier and implement their own off-chain matching server. Communities can earn rewards by trading on DEXs or directly staking tokens for DEXs supported by the Fusotao Protocol to share the transaction fees from them.

Why should we choose Fusotao Protocol

1. Security

2. Interoperability

3. Infrastructure

4. Community

Fusotao is an application chain of the Octopus Network that allows it to have dedicated transaction processing capabilities and can easily achieve 1000 TPS throughput and fast final speeds. Trades on FXDX are fast, even faster than swaps, this is due to the off-chain matching system. And this is why this DEX is highly recommended for both beginners and experienced traders, thereby solving the problem of DEX speed and efficiency.

When users trade on Fusotao-backed DEXs, validators will refund gas fees if the proof provided by an off-chain matcher is validated by an on-chain verifier. In other words, only valid proofs will not be charged. Gas costs are required for additional events in the chain, including transmission, deposit, cancellation, failed proof verification, etc.

The advantage is that users can always execute their transactions without worrying about gas fees, allowing them to maximize their revenue.

Application-specific blockchains can process many transactions faster and cheaper than doing so with smart contracts on the Layer 1 blockchain. Smart contracts on Layer 1 are all run by the same virtual machines (e.g. EVM), which means they will compete for resources. Imagine a world where hundreds or thousands of dApps all depend on a single virtual machine and are simultaneously trying to serve their respective communities - network congestion increases rapidly.

Fusotao protocol is an open source protocol, developers and project founders can easily build their own order book based DEX on top of our protocol and also do some their own modifications.

Above are the features and benefits that I have learned about this project,

Among Others, Here Are Some Ways To Benefit From Fusotao Protocol

Since Fusotao Protocol is a completely decentralized and non-licensed community protocol. Therefore, most of the $TAO tokens will be generated by community mining and distributed to community members who maintain the operation of the Fusotao Protocol and carry out transactions.

63% of $TAO tokens will be allocated to community members participating in the Protocol, that is, community traders, application chain validators, and $TAO staking participants. They are the main contributors to ensuring the stable operation of the Fusotao Protocol and realizing the zero-cost, high-speed and safe transactions. The three participants will get $TAO rewards through PoT, PoV, and PoS.

• Trading rewards: Proof-of-Trading (PoT)

Fusotao protocol is a set of matching and verification protocols. “execute off-chain, verify on-chain” paradigm is the core of the Fusotao Protocol. Through on-chain authorization and off-chain order-book matching, users can complete transactions and obtain transaction proof without assets custody. The whole process is based on automated trust rather than human trust. Trading itself is the core of the whole system. Fusotao protocol uses the Proof-of-Trading to motivate transactions to obtain TAO rewards. When users trade on DEXs backed by the Fusotao Protocol, they will get TAO tokens according to the trading volume in one era(about 24hrs). 48 million TAO tokens, accounting for 48% of the total supply, are used for PoT rewards in 5 years. After the launch of the Fusotao mainnet, 26,301 TAO tokens will be distributed to traders every era as PoT rewards.

• $TAO Staking Rewards: Proof-of-Staking (PoS)

In order to incentive the long-term holders of TAO tokens, the Fusotao Protocol will also support TAO token staking after the mainnet is launched. Stacking participants and reward distribution are completed automatically through the protocol to avoid centralization risk. Staking reward, accounting for 7.5% of the total token supply, will be unlocked for 5 years, with an annual unlocking rate of 1.5%. So,4109 TAO will be allocated to the TAO staking participants. Staking participants need to lock TAO to the staking protocol. The protocol will automatically calculate stacking rewards according to the locked proportion, and the users can claim staked tokens and rewards after the staking period. Users can not withdraw their staking token during each staking period.

For instance, if a user’s effective lock-up amount is 10,000 TAO on some day, and the total lock-up amount is 1,000,000 TAO, the user is expected to receive.

• Validator Rewards: Proof-of-Validator (PoV):

It is a common practice for blockchain projects that network nodes with packaging rights receive token incentives, which ensures the correct operation of the network. Verification nodes of the Fusotao Protocol is provided by the Octopus Network (OCT). Community users can obtain TAO rewards by becoming the verification node or staking OCT to verification nodes in the octopus network.

TAO Token

TAO is the native utility token of the Fusotao platform in which the platform practically depend on , this token definitely controls most of the transactions on the platform.

Analysis of TAO Vesting & Distribution Of Token

As it's known that TAO is the utility token of the Fusotao ecosystem with 100 million supply which was been bisected into various allocations which was been distributed in the diagram below,

Fusotao Protocol Roadmap

Fusotao Partners & Investors

Roadmap

Summary

Fusotao Protocol is a verification protocol for a new decentralized digital matching system that makes it easy for businesses to safely enter the cryptocurrency market. I hope that my article will provide you with useful information that can help you make your own investment decisions. Wish you success and can make a lot of profit from this potential market.

#FusotaoProtocol #DeFi #Web3
#MainnetLaunch #IDO #TAO

https://www.fusotao.org/
https://www.fusotao.org/fusotao-white...
https://t.me/fusotao
https://twitter.com/FusotaoProtocol
https://discord.gg/WDwB4X8Kdz
https://medium.com/fusotao-protocol
https://github.com/uinb
https://www.fusotao.org/fusotao-green...


Username: reymarkperry

Address: 0x18654A32C97b50C62E463E4bCc1b06934C27B0f1