CANTO

Canto is a permissionless general-purpose blockchain running the Ethereum Virtual Machine (EVM). It was 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.

At launch, Canto provides Tendermint consensus secured by Canto validator nodes and an EVM execution layer via Cosmos SDK in addition to core financial primitives designed to support the Free Public Infrastructure (FPI). These primitives include:

* Canto DEX — a zero-fee DEX for liquidity providers

* Canto Lending Market (CLM) — a pooled lending Compound v2 fork

* $NOTE — a fully collateralized unit of account token issued by the CLM which also serves the ecosystem as a USDC/USDT soft-pegged stablecoin

Over time we expect this stack to change significantly and new financial primitives to be added to best fulfil the Canto mission.