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Picasso.network is a cross-chain restaking hub that uses IBC to provide secure, non-custodial bridging and staking, positioning itself as the premier restaking layer on Solana. Users stake the native token $PICA to earn rewards and a share of bridging and restaking fees, while SOL and liquid staked derivatives help secure AVSes like bridges, dApps, and L2s. By extending IBC across Ethereum, Polkadot, Solana, and other networks, Picasso enables cross-ecosystem interoperability and governance of $PICA for bridging, staking rewards, and restaking rewards.
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