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  2. CANTO. Decentralized Finance. on Lightspeed Rails. > Layer 1 blockchain Built to deliver on the promise of defi through innovative incentive mechanisms & cutting edge performance. Canto is accessible, Transparent, decentralized, and free. BRIDGE IN BUILD ON CANTO. Explore Ecosystem.

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      canto is a layer-1 blockchain built to deliver on the...

    • CORE Principles of Canto
    • How Does Governance Work?
    • Rapid Growth in Early 2023
    • Cheat Sheet

    With the goal of being a key blockchain within the DeFi movement, Canto’s primary stated goals include: 1. Offering zero fees for liquidity providers and enabling free liquidity for traders, protocols, and other participants. 2. Developing Free Public Infrastructure without the use of sovereign governance tokens or rent. 3. Bypassing interface-driv...

    If it does not use a traditional governance mechanism, who controls the future development of Canto? The Canto decentralized exchange is designed to be ungoverned and will not implement any additional fees or launch a token. Stakers are responsible for governing and growing the lending market and to incentivize future developer work. And the algori...

    Canto grew rapidly early in 2023 after news broke that crypto venture fund Variant had invested in a position of unknown size in Canto. Between December 2022 and late January 2023, the number of Canto users more than doubled. Canto’s total value locked (TVL) also more than doubled, from $66 million to $138 million, over a similar timeframe and alon...

    Canto is a Cosmos-based layer 1 blockchain aiming to be a central part of the DeFi movement.
    It launched in August 2022 and saw rapid growth in trading volumes, value, and other metrics from December 2022 to January 2023.
    During that period, total value locked increased from $66 million to $138 million, while the number of Canto users more than doubled.
    Key features of Canto include its focus on developing Free Public Infrastructure without centralizing features like a foundation and a token presale.
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  4. Replace <keyname> below with whatever you'd like to name your key. cantod keys add <key_name>. cantod keys add <key_name> --recover to regenerate keys with your mnemonic. cantod keys add <key_name> --ledger to generate keys with ledger device. Store a backup of your keys and mnemonic securely offline.

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