Tusima Network Raises Millions of Funds, Launches Galactic to Mine 5% $TSM Token, Receive Yields

What is Tusima Network

Tusima is an infrastructure bridging Web3.0 with real-world business, dedicated to establishing RWB (Real-World Business) on decentralized networks, introducing innovative Web3.0 technologies to real-world business. It enhances consumer scenarios, reduces financing and credit costs, and empowers real-world business operations. It builds a fusion of Web2.0 and Web3.0 credit finance, unlocking the full potential of real-world business.

Core modules of Tusima

Tusima Galactic is a modular blockchain based on Polygon CDK and Near DA that implements zkEVM to provide more efficient and lower-cost on-chain services. Data security is guaranteed.

  • DA and TEE-Trusted, secure data storage

Galactic uses Validiums to publish validity proofs on Ethereum to ensure the validity of transactions and the integrity of off-chain transaction data. Data availability (DA) is also run in a Trusted Execution Environment (TEE) environment to ensure data security and trustworthiness.

  • The equivalent EVM interoperability

The zkEVM of Galictic is a zero-knowledge equivalent version of the Ethereum Virtual Machine (EVM), which utilizes zk-proof technology to simplify the proof process, significantly enhancing on-chain business processing efficiency, allowing developers to seamlessly extend DeFi applications to the Galactic network.

  • Modular architecture

Galactic modularizes the execution, settlement, consensus, and data availability layers of Layer 2 blockchains. Leveraging Near DA’s cost-efficient data storage solution, which is only 1/30 of Celestia’s and 1/8000 of Ethereum’s native storage costs, Galactic ensures optimal resource utilization. By employing the Validium mechanism to verify data validity, it inherits the robust security features of the Ethereum network. This strategic approach significantly enhances network processing capabilities while concurrently reducing transaction costs, effectively meeting the requirements of real-world large-scale business applications.

Realink

Reallink seamlessly integrates blockchain with real-world business entities, giving rise to a novel, low-friction, consensus-driven, and dynamic form of business. It serves as a bridge between centralized finance and decentralized finance, offering a revolutionary solution for bringing real-world business operations into the Web3.0 ecosystem.

Realink integrates real-world businesses onto the blockchain with the following advantages:

  • Expanding real-world business scenarios
  • Establishing Clear Ownership of Assets
  • Facilitating Efficient Asset Liquidity
  • Expanding Financing Channels for Real-world Operations

Realink’s low entry barriers and consensus-incentivized network, these technological innovation paradigms, contribute to providing an innovative foundation and experimental platform for the seamless integration of vast assets and users from the Web2.0 financial market with Web3.0.

Tusima zkBridge cross-chain protocol

Tusima zkBridge is a trustless cross-chain communication protocol based on zero-knowledge proofs, seamlessly connecting the entire Web3.0 ecosystem for RWB. It enables the effortless expansion of real-world businesses onto any blockchain network. Additionally, the Tusima zkBridge implements a unified open API, facilitating cross-chain communication through a set of interfaces (such as zkSync, Polygon zkEVM, Scroll, etc.).

The future development road map of Tusima could include:

1. Tusima Galactic (zkEVM Layer 2)

The zkEVM of Tusima Galactic is a zero-knowledge equivalent version of the Ethereum Virtual Machine (EVM), combined with Validium service, Near DA, zkEVM, and Polygon CDK to achieve scalability. This can significantly reduce gas costs and improve network processing capabilities.

2. Tusima Galactic Business Application Testing

Tusima Galactic implements generic circuits tailored for RWA and RWB application scenarios, further upgrading these circuits to enhance proof efficiency, thereby achieving lower gas costs. Additionally, it integrates more real-world business scenarios.

3. Expand access to real-world business scales

Tusima has partnered with transaction payment providers to encrypt real-world payment data and store it as backups on the Tusima blockchain. As of March 2024, the Tusima network has stored 219 million transactions, involving a total transaction volume of 4.841 trillion Japanese yen. The number of payment devices involved has reached 300,000, covering nearly a million users. In the future, Tusima will collaborate with ecosystem partners to onboard more real-world businesses and expand its network of partners and users. Together, they are committed to achieving the convergence of financial services for users and scenarios from both Web2.0 and Web3.0.

4. A stablecoin-centered financial services platform that integrates Web2.0 and Web3.0

Initially, it will expand offline businesses in Japan, building financial services based on a yen stablecoin, then gradually extending stablecoin payments to other countries and regions. This aims to reduce transaction costs and enhance the stability of trade services, ultimately establishing a credit-based finance system that integrates Web2.0 and Web3.0.

Tusima Galactic campaign

Tusima launched a liquidity incentive campaign for zkEVM mainnet Galactic before its launch. Users can participate by depositing their assets, which not only allows them to receive future token airdrop rewards and ecosystem incentives but also offers the potential to receive token rewards from partner StakeStone. It is currently known that the project has raised millions of dollars in financing.

Here is the link to the campaign: https://www.tusima.network/Galactic/Home

How to join the Galactic Campaign?

  1. Deposit $ETH, $USDT, $USDC, and $TRIAS into Tusima Galactic for cross-chain transactions, supporting Ethereum, Polygon, BNB Chain, and Arbitum chains. Receive power and yields. The deposit period is open until April 30, 2024.
  2. Users can get additional rewards by referring members.
  3. For more details read: medium.com/dvk6j7MpfIb

During the campaign period, you can submit suggestions on the Discord channel and Telegram. Follow us on Twitter and Medium to stay updated on upcoming events.

 

Welcome to Tusima Network

Website:https://www.tusima.network/
Twitter:https://twitter.com/TusimaNetwork
Medium:https://medium.com/@TusimaNetwork
Telegram:https://t.me/tusimaofficial
Discord:http://discord.gg/tusimanetwork

 

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