Picasso is a Layer 1 blockchain focused on decentralized interoperability and cross-chain restaking. Built using the Cosmos SDK, it acts as an IBC hub connecting multiple blockchain ecosystems, including Solana, Ethereum, Polkadot, and Kusama. Its Generalized Restaking Layer enables users to restake PoS assets for additional yield and security. PICA, its native token, is used for staking, governance, and transaction fees. The protocol is maintained by the Composable Foundation and backed by prominent investors.
