Join official link: https://zealy.io/c/dusalabs/invite/gQrIVRgPf8h2tePR9ss4G

We’re excited to announce the private beta testing round of Dusa Protocol, the first fully decentralized Automated Market Maker on the Massa Blockchain. The private beta will open on April 26th, and it will offer users the opportunity to test and provide feedback on some of early Dusa’s features.

Automated Market Makers (AMMs) have revolutionized the way we trade cryptocurrencies by enabling decentralized and trustless exchanges. Uniswap, one of the most popular AMMs, introduced a new feature in its third version that allows liquidity providers (LPs) to concentrate their capital to smaller price intervals than the entire price range of an asset pair. This concept called concentrated liquidity, enables higher liquidity and rewards for LPs. However, it also introduced a new issue: LPs need to regularly modify their liquidity position to follow the market price when it goes out of the defined bounds.

Decentralization is a crucial aspect of Blockchain technology, and it’s what sets it apart from most other forms of data storage and transfer. When it comes to applications built on the blockchain, the degree of decentralization is often measured in terms of “on-chain” vs “off-chain” activity. An on-chain application is one where all relevant data is stored and modified on the blockchain itself, while an off-chain application is one where some of the data is stored off the blockchain, on traditional servers.

We’re excited to present Dusa Protocol! A decentralized exchange (DEX) built on the Massa blockchain. As a fully on-chain DEX, Dusa leverages the benefits of blockchain technology to provide a secure and transparent platform for users to buy and sell cryptocurrency.