Fusotao - Innovative paradigm of Defi

Have you heard of off-chain protocol of executing orders? You haven’t right? In this content I’ll be putting enlightenment on what off-chain in contrast to on-Chain and a trusted cryptocurrency project that utilizes these. Sit back and read meticulously. You don’t want to miss a bit of it.

What is off-Chain paradigm of order execution

The commonly used methods of executing orders is the on-Chain protocol which utilizes the blockchain technology.

An on-chain transaction is considered valid when the blockchain is modified to reflect the transaction on the public ledger after being authenticated and validated by a suitable number of participants and then broadcast the information on the whole blockchain network which makes it irreversible. This often comes with network fee and varies according to the network involved but?on the other hand off-Chain transactions are transactions occuring on the cryptocurrency network outside the?blockchain and often come with extremely low or no network fee.

Advantages observed in off-Chain Transactions

? Strong valid agreement between transferring parties liking more to P2P

? Instant execution is certain. Load on network which leads to delay at times isn’t applicable

? It often comes with no transaction fee

? It renders users with more anonymity. How?, details of transactions?are not publicly broadcasted on the blockchain.

To be sincere both off-chain and on-chain protocols come their unique potentials. This is why Fusotao project is designed to suit both sides as an equilibrium base protocol

Fusotao project

From the illustration and explanation above we can’t shy away that both off-Chain and on-Chain mechanism comes with merits and demerits, fortunately Fusotao has both mechanism incorporated.

Fusotao is a decentralised cryptocurrency platform which uses an orderbook-based matching system that allows minimal latency building system with its off-Chain verify on-Chain paradigm of execution. The off-Chain matching that runs on centralised off-Chain server enables automatic order submission, order matching and certification generation to give seamless trading experience as witnessed in many potential CEXs. In a nutshell Fusotao make you experience all the goodies present in crypto finance system including the “on-chain and “off-chain mechanism to balance up the totality of efficient trade. This implies;

? Relatively low transaction fee?

? Fast transaction time

? A DEXs atmosphere and;

? Passive income for sustainable community

To actualise this mechanism it became a necessity to develop a propeller named “TAO” in the form of tokens for the community, valuable as a form of currency both inside and outside Fusotao ecosystem.

Fusotao Token ( TAO)

This token comes with a total supply of 100 million TAO. As a protocol token operating on a decentralised platform most TAO token will be generated by community mining as well as to members maintaining operation of the Fusotao protocol.

Token name - Fusotoa protocol

Symbol - TAO

Total supply - 100 million TAO

You can explore token on AURORA and NEAR

Token on aurora .

You can also explore fusotao Token via this link (near)

To Start trading on testnet here we Go

Token distribution details and allocation

Community rewards account for the largest allocation of TAO token having a total of 63% i.e. 63 million TAO. 12.6% of which will be unlocked of the total token within the 5 years after mainnet is launched.

? 48% Trading rewards or proof of trading (PoT), having 9.6% as yearly distribution

? 7.5% verification rewards

? 7.5% for staking rewards?

? 8% to the Fusotao team (2% yearly)

? 12.5% allowed for investors

? 2.5% will be expended on IDO, and will be unlocked just after mainnet is launched

? 4% goes to initial Liquidity to keep trading activities running

? 6% will account for progressive and management foundation

? 1%, 3% for testnet rewards and Marketing respectively.

The pie chat illustration below holds the graphical insight to these

Token unlock and vesting system

The token system is designed for a long term sustenance. TAO tokens will be unlocked in 5 years following a systematic pattern after the mainnet is launched.?The pattern is graphically shown below

Cumulative Release curve of TAO

Value

Trading rewards, validator and staking rewards collectively makes a trinity to the 63% commission. Staking, Trading rewards and being a validator is a passive way to earn on this platform. These are goodies I trust you don't want to miss.

Use case of TAO token

? As governance token

? As gas fee?

? Staking purpose

? Rewards on trading

Do you wish to join the community? Here is the Discord and Telegram link respectively.

If one must purchase token it is actually necessary for one to know the insight of the project knowing fully well it serve as guide as well as to keep investors updated. Fortunately well structured roadmap is available for your exploit below.

In conclusion, what’s my take on this platform if you ask me, this platform is not designed for a get quick rich scheme nor short time project rather it is designed for those who have insight to reap the reward of longevity through Sustainable projection and?road map ( The WEBSITE provide detailed information to these ) as seen through explicable explanation laid down above. Come let’s Join hands now and milk more later . The faster you take actions the better the higher your stand of rewards. The question is are you ready?!!?

Reminder of the basic advantages this platform offers you

Valuable links

Website

Twitter

Telegram

Official white paper

Medium

Information source - Whitepaper

POA