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Verto Exchange is a decentralized trading protocol built atop Arweave. Arweave is a global hard drive built on the blockweave—a derivative of the blockchain and proof of access (PoA) that allows users and developers to store data.
Verto Exchange Tutorial
Verto Exchange allows users to purchase or sell profit-sharing tokens (PSTs) that have been minted right on the network. PSTs are referred to as tokens on Arweave that have the ability to distribute to their holders the dividends received from dapp utilization.
The platform is a decentralized array of trading posts atop the blockweave. Users can choose and host a trading post and power the exchange of their PSTs for incentives. The decisions for Verto are carried out by the platform's profit-sharing DAO, meaning users can give opinions about the direction of the platform.
VRT is a pathway for individuals to passively receive a volume-weighted index of profit-sharing tokens that are traded on the exchange. A VRT holder is sent 0.5% of each PST transaction that is made on the exchange. Users who hold VRT become members of the Verto Profit-Sharing DAO, meaning they can decide to stake their tokens to share opinions on the different decisions that are made for the platform.
