BitoroCore: Redefining the Future of Decentralized Finance❗
The Bitoro Foundation is proud to introduce BitoroCore, an innovative Layer-1 blockchain poised to revolutionize decentralized finance (DeFi). Designed to seamlessly support perpetual contracts, options, and prediction markets, BitoroCore promises to deliver unmatched liquidity, scalability, and composability. With the testnet launch scheduled for later this quarter, this standalone blockchain is set to transform DeFi trading and development.
Why BitoroCore?
BitoroCore isn’t just a blockchain; it’s a leap toward full decentralization and autonomy in DeFi. Powered by BTORO, the native token of the Bitoro Network, and secured by the CometBFT proof-of-stake consensus model, BitoroCore leverages the Cosmos SDK to provide an open-source, modular framework. This innovative blockchain bridges the gap between digital and real-world assets (RWAs), creating a robust ecosystem for traders and developers.
Achievements of Bitoro Network
Since its launch seven months ago, the Bitoro Network has achieved remarkable milestones:
- $5 billion+ in cumulative trading volume
- 70,000+ users onboarded
- 74 million BTORO tokens staked, representing nearly half of the circulating supply
By integrating with Orderly Network and Injective, the platform has established itself as a leader in on-chain derivatives and decentralized trading. BitoroCore represents the next ambitious phase of this evolution.
Key Features of BitoroCore
1. Unified Financial Products
Traders can access perpetual contracts, options, and prediction markets — all under a single margin account, maximizing liquidity and flexibility.
2. Ethereum Compatibility
The EVM bridge ensures seamless cross-chain interoperability, enabling easy asset transfers between Ethereum-based networks and BitoroCore.
3. Zero Trading Gas Fees
Instead of gas fees, BitoroCore adopts a transaction-based fee model, offering cost-effective trading while mimicking the simplicity of centralized exchanges.
4. Developer-Centric Architecture
Built on the Cosmos SDK, BitoroCore provides a modular and open-source framework that accelerates innovation, empowering developers to create advanced DeFi applications.
5. High-Performance Scalability
With CometBFT consensus, BitoroCore can handle up to 2,000 transactions per second, supporting complex financial instruments with low latency.
Decentralized Governance with BTORO
The BTORO token plays a pivotal role in governance and staking. Validators secure the network while participating in decentralized decision-making, including:
- Adding or removing assets
- Adjusting fee structures
- Managing reward distribution
This community-driven governance model ensures that BitoroCore evolves transparently and inclusively.
The Path to Full Autonomy
By launching BitoroCore as a sovereign chain, Bitoro steps beyond the limitations of existing Layer-1 networks like Ethereum. This shift enables:
- Decentralized management of trading, liquidity pools, order books, and fees
- Greater scalability and independence for protocol operations
- Enhanced transparency and trust within the ecosystem
Innovative Architecture
BitoroCore’s architecture ensures a fully decentralized trading experience:
- Validators: Perform consensus duties and manage decentralized order books.
- Indexers: Relay data to front-end interfaces, ensuring seamless user experiences.
- Front-End Systems: Provide APIs and open-source tools for user interaction.
How to Get Involved
The BitoroCore launch is more than a milestone — it’s a movement. Here’s how you can contribute:
- Stake BTORO: Secure the network, earn rewards, and support the protocol.
- Participate in Governance: Vote on key decisions and shape the platform’s future.
- Develop on BitoroCore: Build dApps that leverage its modular framework.
- Engage with the Community: Join discussions on Discord, Twitter, and Telegram.
A New Era for DeFi
BitoroCore represents a bold step toward true decentralization, autonomy, and scalability in DeFi. By providing a platform that combines the efficiency of centralized exchanges with the transparency of blockchain technology, BitoroCore is shaping the future of finance.
The testnet launch is just around the corner. Be part of this transformative journey and help redefine what’s possible in DeFi.
#Bitoro #BitoroNetwork #BitoroCore #BTORO