CANTO CANTO Price

Canto, a permissionless blockchain operating on the Ethereum Virtual Machine (EVM), emerged in the DeFi space with a resolute mission. Launched in 2022, it champions the foundational values of decentralized finance: accessibility, transparency, and decentralization. What sets Canto apart is its anti-establishment ethos and commitment to democratizing DeFi tools for mass adoption. Led by DeFi Pulse co-founder Scott Lewis and a team of advocates from Slingshot Crypto and Plex, Canto embodies a grassroots movement, devoid of venture capital or presale raises.

At its core, Canto pioneers feeless DeFi services, aligning with its programming language, EVM compatibility, and a focus on the Ethereum ecosystem. Its infrastructure introduces core financial primitives like the Canto DEX, Canto Lending Market (CLM), and the NOTE stablecoin, fostering a triad of interactions among liquidity providers, stakers, and users. The innovative approach ensures zero fees for liquidity providers, fortifying its stance as a free public infrastructure within the Cosmos ecosystem.

Secured by the Tendermint Core consensus mechanism and Ethermint system, Canto embodies decentralization through its community-driven ethos. With no official foundation, presale, or venture backers, it empowers a distributed community of DeFi advocates to shape its future. The commitment to making liquidity a public good, resisting rent extraction, and minimizing user capture underscores Canto's unique stance within the DeFi landscape. As it continues to evolve its stack of financial primitives, Canto remains an evolving testament to the ideals of free, accessible, and decentralized finance.

What is unique about CANTO (CANTO)?

Canto stands out for its feeless DeFi services, driven by an anti-establishment ethos, grassroots community, and a focus on democratizing decentralized finance without venture capital support.

Who are the founders of CANTO (CANTO)?

Canto was founded by DeFi Pulse co-founder Scott Lewis, along with advocates from Slingshot Crypto and Plex, establishing a community-driven approach to DeFi.

Who are the backers/investors of CANTO (CANTO)?

Canto operates without official venture capital or presale raises, emphasizing community empowerment and independence from traditional backers.

What is the consensus mechanism of CANTO (CANTO)?

Canto is secured through the Tendermint Core consensus mechanism and Ethermint system, ensuring decentralization and community governance.

Where can I buy CANTO (CANTO)?

You can buy CANTO (CANTO) on Gate.io, Crypto.com, OrangeX, Pancakeswap V3 (Ethereum) cryptocurrency exchanges.