CANTO

canto

CANTO is a permissionless general-purpose blockchain operating as a Layer 1 (L1) Smart Contract Platform. It leverages the Ethereum Virtual Machine (EVM) for execution, secured by a Proof of Stake Cosmos SDK consensus layer. As a core component of the Canto Ecosystem, this blockchain aims to revolutionize DeFi by making financial systems accessible, transparent, decentralized, and free. Canto differentiates itself by offering "Liquidity as a Free Public Good" via its zero-fee Canto DEX and establishing "Free Public Infrastructure" resistant to rent extraction. It features a Canto Lending Market (CLM) and its native fully collateralized unit of account token, NOTE, which serves as a USDC/USDT soft-pegged stablecoin for the canto ecosystem. The project emphasizes true decentralization with no official foundation, presale, vesting, or venture backers. This innovative approach extends to integrating Real World Assets (RWA) and supporting various use cases within the broader crypto landscape.

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Smart Contract PlatformL1Ethereum Ecosystem+4 More

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