About Picasso

Picasso is a layer-1 blockchain with its own token, $PICA, operating on the Kusama network within the DotSama ecosystem. Its parachain design ensures high security and efficiency, while proprietary technology enables native interoperability, providing a comprehensive cross-chain solution. Picasso addresses liquidity fragmentation by lowering transaction costs, enabling composable applications for flexible liquidity movement, and offering innovative DeFi solutions. Being part of DotSama, Picasso uses XCM channels for seamless, secure, and gas-free transactions with other parachains. It also features the Centauri IBC-Substrate bridge for Cosmos connections and Mosaic for EVM-compatible Layer 1 and 2 interoperability. Picasso's DeFi primitives, like the Pablo DEX, aim to attract and retain li...