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What is Canto (CANTO)?

Canto is a permissionless, versatile blockchain that operates on the Ethereum Virtual Machine (EVM). It was developed to fulfill DeFi's promise — creating systems that are accessible, transparent, decentralized, and free through a movement away from traditional finance. At launch, Canto uses Tendermint consensus secured by validator nodes and an EVM execution layer built with Cosmos SDK, along with fundamental financial tools designed to support the Free Public Infrastructure (FPI). These include: Canto DEX — a zero-fee decentralized exchange for liquidity providers; Canto Lending Market (CLM) — a pooled lending platform based on a fork of Compound v2; and NOTE — a fully collateralized unit of account token issued by the CLM, which functions as a soft-pegged stablecoin similar to USDC or U...

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