Fusotao
  • Introduction
  • πŸ“Fusotao Protocol
    • Links
    • Products
    • Backers
    • Roadmap
    • Whitepaper
    • Greenpaper
  • 🍍Fusotao Mainnet
    • Intro
    • Bridge
    • Staking
    • Trading Rewards
    • Fusotao Explorer
    • Assest Check
    • Get in FXDX
  • πŸ₯­FXDX
    • Intro
    • Authorize
    • Buy & Sell Order
    • Revoke
    • Generate Key
    • FXDX API
  • 🍐Avatar Wallet
    • Intro
    • Create Account
    • Deposit $TAO to Avatar Wallet
    • Send
    • Bridge
    • Swap
    • Avatar Wallet Privacy Policy
  • πŸ‰GUIDE BOOK
    • Mainnet User Guide
    • How to trade on FXDX with assets on the Near
    • How to obtain more Trading Rewards with market making @taominer_bot
  • πŸ₯Fusotao FAQs
    • Fusotao Overview
      • What is Fusotao?
      • Why build Fusotao Protocol?
    • Technology
      • Technical Specs
      • Competitiveness and Advantages
      • Difference between Fusotao and ZK-SNARKs
      • Security 100%
      • Fee Structure of using the Octopus bridge
      • Octopus Explorer
    • Tokenomics
      • Token Allocation
      • TAO Token Usage Scenarios
      • Token Contract
    • Community
      • What’s the relationship between TAO token, Fusotao, and FXDX?
      • The Benefits of Participating in the Fusotao Protocol
    • FXDX
      • What is FXDX?
      • Operation Guide
      • Generating Key Feature
    • Avatar Wallet
      • Intro & Guide
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  1. Fusotao FAQs
  2. Fusotao Overview

Why build Fusotao Protocol?

All the cryptocurrency holders need to trade their assets on some platforms. The Fusotao team realized that trading on CEXs due to hack cases and DEXs due to high transaction fees and low efficiency and user-friendliness is risky.

Trading and investing in crypto carries risk regardless of which type of exchange one uses. Centralized exchanges (CEX) present risks such as hacks and foregoing asset custody, while decentralized exchanges (DEX) present the challenge of high transaction fees and low efficiency.

Fusotao intends to disrupt this by providing a user-friendly order-book based DEX with zero-cost gas, low latency, and high security.

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Last updated 2 years ago

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