Polkadot's Ecological DeFi Protocol Composable Finance's Kusama Parachain Picasso Will Launch This Week

The Kusama parachain Picasso of the Polkadot ecological DeFi protocol Composable Finance will be launched on November 25. The launch of Picasso will be divided into two phases. In the first phase, users can get crowd loan rewards but cannot be circulated. In the second phase, it is planned to launch tokens in mid-December 2022. The tokens will be available for circulation, and DEX Pablo will be launched. In addition, the cross-chain virtual machine (XCVM), which can realize cross-chain computing and cross-ecosystem smart contract functions, will also be launched at the same time.