What is CANTO?

Overview

Primitive and crypto usually do not come together, but CANTO represents a unique exception in the blockchain space. CANTO is a Layer-1 blockchain designed to deliver true decentralized finance (DeFi) capabilities. It represents a post-traditional financial movement that facilitates access, openness, and freedom for new financial systems. The platform is powered by open public infrastructure and driven by a loosely structured community of chain-native creators who share a vision of financial democratization.

How Does CANTO Work

CANTO was built using the Ethereum Virtual Machine (EVM), which ensures compatibility with existing Ethereum-based tools and applications. The platform aims to provide a viable alternative to the traditional financial system through its innovative approach to decentralization.

What distinguishes CANTO from other DeFi platforms is its method of achieving true decentralization. Unlike many blockchain projects, CANTO launched without a foundation, presale, or venture capital backing. This grassroots approach allows the platform to remain true to its core mission of becoming the "best execution layer for original work." By eliminating traditional funding structures, CANTO ensures that no single entity has disproportionate control over the network's development or governance.

The platform's architecture is designed to support a self-sustaining ecosystem where community members can participate in governance decisions and contribute to the network's evolution without external interference.

CANTO DEX

The CANTO DEX is a non-upgradable decentralized exchange that serves as the cornerstone of the CANTO ecosystem. Its non-upgradable nature is a deliberate design choice that ensures the platform will continue to operate indefinitely without the ability to issue new tokens or raise fees over time.

This design philosophy prevents the common issue in DeFi where users are forced to migrate their assets to different platforms in pursuit of better rates or lower fees. By maintaining stable fee structures and tokenomics, CANTO DEX provides long-term predictability for its users.

Liquidity providers on CANTO DEX receive LP (Liquidity Provider) tokens as rewards for their participation. These LP tokens represent the provider's share of the liquidity pool and can be utilized throughout the CANTO ecosystem. Importantly, the CANTO Lending Market accepts these LP tokens as collateral, creating an integrated financial system where assets can be efficiently deployed across multiple use cases.

CANTO Lending Market

The CANTO Lending Market is a decentralized lending protocol that allows users to leverage their assets for borrowing purposes. The system is specifically designed to work seamlessly with CANTO's native DEX, creating a cohesive DeFi ecosystem.

Users can deposit LP tokens obtained from providing liquidity on the CANTO DEX as collateral in the lending market. This integration allows liquidity providers to earn yields from both trading fees and lending activities simultaneously, maximizing capital efficiency.

The lending market supports borrowing of NOTE, CANTO's native unit of account, by accepting various forms of collateral. This creates a flexible borrowing environment where users can access liquidity without selling their underlying assets. The over-collateralization model ensures the system's stability and protects lenders from default risk.

NOTE: The Unit of Account

NOTE serves as CANTO's unit of account and represents an innovative approach to stablecoin design. Rather than being pegged to the US Dollar through traditional mechanisms, NOTE is over-collateralized and perpetually rebalanced to maintain its relationship with the dollar.

This distinction is important: NOTE cannot be technically classified as a traditional stablecoin because it uses a rebalancing mechanism rather than a direct peg. However, its interest rate policy is based on a $1 USD target, which provides practical stability for users conducting transactions and storing value.

To borrow NOTE, users must provide collateral in the form of accepted assets such as USDC, USDT, CANTO, ETH, ATOM, or LP tokens from the CANTO DEX. This diverse collateral base helps maintain NOTE's stability while providing flexibility for borrowers. The over-collateralization requirement ensures that the system remains solvent even during market volatility, as the value of collateral exceeds the value of borrowed NOTE.

Tokenomics of CANTO

CANTO serves as the native token of the CANTO network, fulfilling multiple critical functions within the ecosystem. As a governance token, CANTO holders can participate in decision-making processes that shape the network's future development and policy changes.

The token is also used to pay for gas costs on the network, similar to how ETH functions on Ethereum. This creates consistent demand for CANTO as network usage grows. Additionally, users can stake CANTO with validators to help secure the network through proof-of-stake consensus, earning rewards for their participation in network security.

The tokenomics structure of CANTO is designed to support long-term sustainability:

• Name: CANTO
• Ticker: CANTO
• Token Type: Governance and Utility
• Maximum Supply: 1,000,000,000 CANTO

The fixed maximum supply creates a deflationary pressure over time as network adoption grows, while the multiple utility functions ensure ongoing demand for the token across various ecosystem activities. This balanced approach to tokenomics supports both network security and economic sustainability without relying on inflationary mechanisms.

FAQ

What is CANTO? What are its main features?

CANTO is a cryptocurrency known for robust network security and strong technical support. It features decentralized infrastructure, high transaction throughput, and plays an important role in the digital economy ecosystem.

What are the uses of CANTO tokens? How to obtain CANTO tokens?

CANTO tokens ensure transaction transparency and traceability on blockchain. Obtain CANTO through major cryptocurrency exchanges by purchasing or trading other digital assets.

CANTO生态中有哪些应用和项目？

Canto生态包括CantoSwap（AMM协议和流动性池），提供高效的加密资产交易。生态还包括借贷协议、稳定币协议等DeFi应用，为用户提供多样化的金融服务和交易体验。

Canto与其他公链相比有什么优势？

Canto的优势在于用户至上的设计理念，团队对市场反应灵活迅速，积极响应用户反馈。重点布局真实资产（RWA）集成，社区参与度高，能够准确把握加密市场叙事热点。

How to trade and deploy smart contracts on CANTO network?

Use a CANTO-compatible wallet, write contracts in Solidity, and deploy via the CANTO blockchain explorer or DApp interface. Access the network through compatible wallets and development tools.