CACAO
Maya Protocol
Maya Protocol
CACAO
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About Maya Protocol
Maya Protocol (CACAO) is a decentralised liquidity protocol enabling cross-chain asset swaps. Its primary uses include facilitating these swaps, providing liquidity, securing the network through staking, and enabling governance. The protocol was founded by Lux, an anonymous developer.
Maya Protocol (CACAO) is a decentralized liquidity protocol that enables users to swap assets across different blockchains. It operates similarly to the THORChain protocol, allowing for cross-chain transactions without relying on centralized exchanges. The protocol uses its native token, CACAO, to facilitate transactions and maintain the security of the network.
Maya Protocol (CACAO) is used for several purposes within its ecosystem:
- Cross-Chain Swaps: Maya Protocol allows users to perform swaps between different blockchain assets without the need for intermediaries.
- Liquidity Provision: Users can provide liquidity to the protocol's pools and earn rewards in the form of CACAO tokens.
- Network Security: The CACAO token is also used to secure the network through staking, where stakers help validate transactions and maintain the blockchain.
- Governance: Holders of CACAO tokens can participate in the governance of the protocol, voting on proposals that impact the development and future direction of Maya Protocol.
Maya Protocol (CACAO) was founded by a developer known by the alias Lux.
