Canto is a general-purpose Proof-of-Stake blockchain that embeds a decentralized exchange, lending market, and overcollateralized currency into the network. These three core DeFi primitives are offered to users as Free Public Infrastructure — public utilities that are free to use in perpetuity. Canto’s design choices represent a radically different approach to building blockchain applications that could catalyze an organic wave of developer adoption. However, a concentrated token distribution and reliance on liquidity mining could hinder the network’s long-term growth.
- Post author:admin
- Post published:November 8, 2022
- Post category:Ethereum News
Tags: Ethereum News