
Picasso x Canto: Expanded Interoperability via IBC
We are thrilled to announce that Canto is now live on Picasso. This integration is another step toward full interoperability in and out of Canto, enabling an Inter-Blockchain Communication (IBC) connection via Picasso allows Canto to operate seamlessly on various chains that were previously inaccessible, including Polkadot, Ethereum, Solana and more.Vision with Picasso and Available AssetsCanto’s vision is to fulfill the promise of DeFi, embracing a future that is inherently multi-chain. Cant...

Canto Genesis
We’re nearing the public launch of Canto, a Layer 1 blockchain providing core DeFi primitives designed to support the Free Public Infrastructure. We’re excited to invite the community to review the following details on token distribution for the Canto network, including the inaugural liquidity mining incentives, and grants for eligible participants in the Settlers of Cantos testnet event.Genesis BlockAt genesis, 1B tokens were minted. The tokens will be distributed in the following manner:Con...

Canto Launch Sequence
As the Canto launch approaches, the development team has prepared a timeline for the Canto community. The sequence will begin with Settlers of Canto, a dress rehearsal for the Canto launch, followed by protocol activations, and Canto’s inaugural liquidity mining program.July 16th, 11AM CT: Settlers of CantoStarting at 11AM CT, we will open up our testnet for interested users to get early access to Canto. For access, please head to settlers.canto.io and enter the necessary information. By Satu...
Canto is a Layer-1 blockchain built to deliver on the promise of DeFi. It's a new commons powered by Free Public Infrastructure.



Picasso x Canto: Expanded Interoperability via IBC
We are thrilled to announce that Canto is now live on Picasso. This integration is another step toward full interoperability in and out of Canto, enabling an Inter-Blockchain Communication (IBC) connection via Picasso allows Canto to operate seamlessly on various chains that were previously inaccessible, including Polkadot, Ethereum, Solana and more.Vision with Picasso and Available AssetsCanto’s vision is to fulfill the promise of DeFi, embracing a future that is inherently multi-chain. Cant...

Canto Genesis
We’re nearing the public launch of Canto, a Layer 1 blockchain providing core DeFi primitives designed to support the Free Public Infrastructure. We’re excited to invite the community to review the following details on token distribution for the Canto network, including the inaugural liquidity mining incentives, and grants for eligible participants in the Settlers of Cantos testnet event.Genesis BlockAt genesis, 1B tokens were minted. The tokens will be distributed in the following manner:Con...

Canto Launch Sequence
As the Canto launch approaches, the development team has prepared a timeline for the Canto community. The sequence will begin with Settlers of Canto, a dress rehearsal for the Canto launch, followed by protocol activations, and Canto’s inaugural liquidity mining program.July 16th, 11AM CT: Settlers of CantoStarting at 11AM CT, we will open up our testnet for interested users to get early access to Canto. For access, please head to settlers.canto.io and enter the necessary information. By Satu...
Canto is a Layer-1 blockchain built to deliver on the promise of DeFi. It's a new commons powered by Free Public Infrastructure.
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NOTE is Canto’s native stablecoin, launched as part of Canto’s Free Public Infrastructure. Canto has always viewed a strong stablecoin as the foundation of an ecosystem. To ensure NOTE remains one of the strongest stablecoins on the market, multiple upgrades have been implemented. Here are some key points about NOTE:
NOTE cannot be created, only borrowed from the Accountant, a smart contract that implements the algorithmic interest rate policy through the Canto Lending Market (CLM)
When a user supplies NOTE into the CLM, they receive cNOTE (collateralized NOTE), which accrues yield over time. This yield is actualized when swapped back into another stablecoin or token
For example, if the average yield over a year for NOTE is ~5%, and a user holds 100 cNOTE for a year, they can swap their cNOTE back for 105 NOTE, USDC, or another stablecoin
NOTE is backed by Real World Asset (RWA) issuers. When supplying NOTE, users receive cNOTE, which helps them earn a yield similar to that of the underlying T-bills
NOTE is overcollateralized by said RWAs to ensure the security of the total NOTE in circulation
Thus far, NOTE has been solely accessible on the Canto network, with utility in the Canto Lending Market, LPs on the Canto DEX, and Vivacity. Now that NOTE is thoroughly established itself on Canto, and the Canto Network has the most RWA issuers of any chain outside of Ethereum, Canto contributors are focused on scaling NOTE into other protocols and ecosystems.
Using LayerZero V2, the contributing developer teams at Canto have created ways to get OFT versions of cNOTE, the yield-bearing version of NOTE, onto the 70+ LayerZero-compatible chains and all of their protocols. Recently, Canto announced a cNOTE and USDB pool on Thruster, allowing users to LP into a dual RWA yield-bearing stable pool. This is one example of how cNOTE can provide benefits on DEXes, lending protocols, perpetual exchanges, and more. The more utility cNOTE has, the greater Canto’s TVL, and the more yield is passed along to users and protocols, enhancing the capital efficiency of the DeFi ecosystem.
Canto also announced cNOTE is live on Camelot with a cNOTE <> USDCE pool, a similar formula to Thruster on the Arbitrum ecosystem.
There are two primary ways that the contributors at Canto are working on getting NOTE onto more chains, protocols, and wallets. Both involve utilizing LayerZero v2’s 70+ compatible chains:
ASD is oriented toward protocols. ASD allows protocols to create their own yield-bearing stablecoins by setting up a vault that atomically swaps USDC with NOTE, Canto’s native stablecoin, which is overcollateralized by US treasuries via 4 real-world asset (RWA) issuers. DEXes, lending markets, perpetual swap protocols, and more can use ASD to launch a yield-bearing RWA stablecoin that drives extra revenue for the protocol, higher yields for users, or both.
Proven Security and Efficiency: With a treasury-backed system and LayerZero’s atomic swap technology, ASD provides a secure and efficient way to enhance your protocol’s financial ecosystem.
Higher Yields and Revenue: Unlock higher yields for your users and additional revenue streams for your protocol, making it a win-win for everyone involved.
Customizable and Flexible: Tailor ASD to fit your protocol’s unique needs with customizable branding and yield options.
cNOTE is primarily oriented toward users. The cNOTE OFT allows any protocol to list cNOTE, enabling their users to access a yield-bearing RWA stablecoin as collateral for lending markets, perpetual exchanges, etc., and as an LP pair that accrues value over time.
The Canto team sees both ASD and cNOTE as valuable routes to NOTE adoption over time. They are focused on ensuring that other chains, protocols, and users have access to the benefits of NOTE, which have primarily been reserved for Canto users. This expansion will ultimately benefit the Canto user base and network, as increased usage of cNOTE via LayerZero will boost the Canto Network’s TVL, further enhancing the ecosystem's overall value.
NOTE is Canto’s native stablecoin, launched as part of Canto’s Free Public Infrastructure. Canto has always viewed a strong stablecoin as the foundation of an ecosystem. To ensure NOTE remains one of the strongest stablecoins on the market, multiple upgrades have been implemented. Here are some key points about NOTE:
NOTE cannot be created, only borrowed from the Accountant, a smart contract that implements the algorithmic interest rate policy through the Canto Lending Market (CLM)
When a user supplies NOTE into the CLM, they receive cNOTE (collateralized NOTE), which accrues yield over time. This yield is actualized when swapped back into another stablecoin or token
For example, if the average yield over a year for NOTE is ~5%, and a user holds 100 cNOTE for a year, they can swap their cNOTE back for 105 NOTE, USDC, or another stablecoin
NOTE is backed by Real World Asset (RWA) issuers. When supplying NOTE, users receive cNOTE, which helps them earn a yield similar to that of the underlying T-bills
NOTE is overcollateralized by said RWAs to ensure the security of the total NOTE in circulation
Thus far, NOTE has been solely accessible on the Canto network, with utility in the Canto Lending Market, LPs on the Canto DEX, and Vivacity. Now that NOTE is thoroughly established itself on Canto, and the Canto Network has the most RWA issuers of any chain outside of Ethereum, Canto contributors are focused on scaling NOTE into other protocols and ecosystems.
Using LayerZero V2, the contributing developer teams at Canto have created ways to get OFT versions of cNOTE, the yield-bearing version of NOTE, onto the 70+ LayerZero-compatible chains and all of their protocols. Recently, Canto announced a cNOTE and USDB pool on Thruster, allowing users to LP into a dual RWA yield-bearing stable pool. This is one example of how cNOTE can provide benefits on DEXes, lending protocols, perpetual exchanges, and more. The more utility cNOTE has, the greater Canto’s TVL, and the more yield is passed along to users and protocols, enhancing the capital efficiency of the DeFi ecosystem.
Canto also announced cNOTE is live on Camelot with a cNOTE <> USDCE pool, a similar formula to Thruster on the Arbitrum ecosystem.
There are two primary ways that the contributors at Canto are working on getting NOTE onto more chains, protocols, and wallets. Both involve utilizing LayerZero v2’s 70+ compatible chains:
ASD is oriented toward protocols. ASD allows protocols to create their own yield-bearing stablecoins by setting up a vault that atomically swaps USDC with NOTE, Canto’s native stablecoin, which is overcollateralized by US treasuries via 4 real-world asset (RWA) issuers. DEXes, lending markets, perpetual swap protocols, and more can use ASD to launch a yield-bearing RWA stablecoin that drives extra revenue for the protocol, higher yields for users, or both.
Proven Security and Efficiency: With a treasury-backed system and LayerZero’s atomic swap technology, ASD provides a secure and efficient way to enhance your protocol’s financial ecosystem.
Higher Yields and Revenue: Unlock higher yields for your users and additional revenue streams for your protocol, making it a win-win for everyone involved.
Customizable and Flexible: Tailor ASD to fit your protocol’s unique needs with customizable branding and yield options.
cNOTE is primarily oriented toward users. The cNOTE OFT allows any protocol to list cNOTE, enabling their users to access a yield-bearing RWA stablecoin as collateral for lending markets, perpetual exchanges, etc., and as an LP pair that accrues value over time.
The Canto team sees both ASD and cNOTE as valuable routes to NOTE adoption over time. They are focused on ensuring that other chains, protocols, and users have access to the benefits of NOTE, which have primarily been reserved for Canto users. This expansion will ultimately benefit the Canto user base and network, as increased usage of cNOTE via LayerZero will boost the Canto Network’s TVL, further enhancing the ecosystem's overall value.
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