Flash Protocol is a decentralized protocol that allows users to issue assets (Taproot Assets) and Taproot NFT on Bitcoin. FlashVM, a computational engine built on Flash Chain, is designed for smart contract-like functionalities for Bitcoin. Powered by Lightning’s release of Taproot Assets, Flash Protocol enables issuance and trading Bitcoin native assets on the Bitcoin blockchain, all while ensuring a smooth, congestion-free mainnet. FlashVM, on the other hand, enables BTCFi functionalities such as staking, swaps and lending for Bitcoin native assets.
Pear Protocol is an on-chain spread trading platform that enables users to create leveraged long and short positions on different assets. Spread trading, or pair trading specifically, is the concept of shorting one asset while going long on another.
