CantoPicasso 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...
CantoCanto 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...
CantoCanto 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.
CantoPicasso 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...
CantoCanto 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...
CantoCanto 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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As Canto’s fourth month of liquidity mining incentives nears its completion, early contributors will propose to the DAO an extension of the program with identical parameters, so as to maintain the network’s current capital efficiency and stakeholder alignment.
The proposal is to be submitted to the DAO at approximately 11 AM Eastern Time on Monday Dec 19th. Additional information about the incentive parameters and the rationale for maintaining their current values is provided below.
The Canto network’s emissions parameters remain effective as demonstrated by the deep liquidity of its Free Public Infrastructure primitives – namely the Canto DEX and Lending Market.
Despite recent market turbulence, Canto’s TVL was mostly unaffected in the trailing 30-day period, with network activity growing from an average of 5,000 transactions per day to well over 15,000.
Since launch, more than $270m of assets have been bridged to the Canto network and subsequently used to buy CANTO, borrow NOTE in Canto’s Lending Market, and provide liquidity in Canto’s native DEX. This number has risen significantly from the $230m of cumulative inflows recorded when Canto’s liquidity mining parameters were adjusted just last month.
Network security emissions will remain unchanged compared to the previous period, with an inflation rate of 10 CANTO per block (roughly 5.3% annualized) minting ~4.5m new CANTO tokens in the upcoming 30-day period.
Currently 56% of the available Canto supply is staked for network security.
Liquidity mining parameters will also remain unchanged compared to the previous period, with a total of 72.6 CANTO per block minting ~30.8m new CANTO tokens to LP token holders in the upcoming 30-day period.
The allocation of liquidity mining rewards amongst DEX and lending market pools remains the same:
CANTO/NOTE: 32 CANTO per block (44.08%)
ETH/CANTO: 16 CANTO per block (22.03%)
ATOM/CANTO: 16 CANTO per block (22.03%)
NOTE/USDC: 4 CANTO per block (5.51%)
NOTE/USDT: 4 CANTO per block (5.51%)
cUSDC: 0.3 CANTO per block (0.41%)
cUSDT: 0.3 CANTO per block (0.41%)
The program will begin immediately when the proposal is executed on-chain.
Canto is a Layer 1 blockchain built to deliver on the promise of DeFi – that through a post-traditional financial movement, new systems will be made accessible, transparent, decentralized, and free. Created by a loosely organized collective of chain-native builders, Canto is a new commons powered by Free Public Infrastructure.
As Canto’s fourth month of liquidity mining incentives nears its completion, early contributors will propose to the DAO an extension of the program with identical parameters, so as to maintain the network’s current capital efficiency and stakeholder alignment.
The proposal is to be submitted to the DAO at approximately 11 AM Eastern Time on Monday Dec 19th. Additional information about the incentive parameters and the rationale for maintaining their current values is provided below.
The Canto network’s emissions parameters remain effective as demonstrated by the deep liquidity of its Free Public Infrastructure primitives – namely the Canto DEX and Lending Market.
Despite recent market turbulence, Canto’s TVL was mostly unaffected in the trailing 30-day period, with network activity growing from an average of 5,000 transactions per day to well over 15,000.
Since launch, more than $270m of assets have been bridged to the Canto network and subsequently used to buy CANTO, borrow NOTE in Canto’s Lending Market, and provide liquidity in Canto’s native DEX. This number has risen significantly from the $230m of cumulative inflows recorded when Canto’s liquidity mining parameters were adjusted just last month.
Network security emissions will remain unchanged compared to the previous period, with an inflation rate of 10 CANTO per block (roughly 5.3% annualized) minting ~4.5m new CANTO tokens in the upcoming 30-day period.
Currently 56% of the available Canto supply is staked for network security.
Liquidity mining parameters will also remain unchanged compared to the previous period, with a total of 72.6 CANTO per block minting ~30.8m new CANTO tokens to LP token holders in the upcoming 30-day period.
The allocation of liquidity mining rewards amongst DEX and lending market pools remains the same:
CANTO/NOTE: 32 CANTO per block (44.08%)
ETH/CANTO: 16 CANTO per block (22.03%)
ATOM/CANTO: 16 CANTO per block (22.03%)
NOTE/USDC: 4 CANTO per block (5.51%)
NOTE/USDT: 4 CANTO per block (5.51%)
cUSDC: 0.3 CANTO per block (0.41%)
cUSDT: 0.3 CANTO per block (0.41%)
The program will begin immediately when the proposal is executed on-chain.
Canto is a Layer 1 blockchain built to deliver on the promise of DeFi – that through a post-traditional financial movement, new systems will be made accessible, transparent, decentralized, and free. Created by a loosely organized collective of chain-native builders, Canto is a new commons powered by Free Public Infrastructure.
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