Mapping out Canto Ecosystem

On-chainFebruary 15, 2023, 10:54AM EST
UPDATED: April 4, 2023, 5:10PM EDT
Mapping out Canto Ecosystem
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Canto is a blockchain introduced in July 2022, built on Tendermint, and complemented by an Ethermint EVM module that enables users to interact with EVM-based applications. The chain is built on the premise of an accessible, transparent, and decentralized finance ecosystem that is powered by Free Public Infrastructure (FPI).

The ecosystem consists of three native pillars: decentralized exchange, lending market, and a unit of account meant to converge towards $1 by utilizing a dynamic interest rate policy. Recently, Canto has introduced a model called Contract Secured Revenue, which sends a portion of the transaction fees to the developers who created the application being used. This model was proposed to promote a different path for smart contract teams to earn from their work. You can learn more about the Canto ecosystem's technical details and other analytics here.

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