Canto Launch Sequence
0x4CeD
July 15th, 2022

As the Canto launch approaches, the development team has prepared a timeline for the Canto community. The sequence will begin with Settlers of Canto, a dress rehearsal for the Canto launch, followed by protocol activations, and Canto’s inaugural liquidity mining program.

July 16th, 11AM CT: Settlers of Canto

Starting at 11AM CT, we will open up our testnet for interested users to get early access to Canto.

For access, please head to settlers.canto.io and enter the necessary information. By Saturday at 11AM, you will have received test tokens in your wallet to use on the testnet. We appreciate your support.

Update: The team is currently working on some issues that were identified on testnet. We'll announce an updated launch schedule when the issues have been addressed.

TBA: Pre-liquidity mining activations

Canto GovShuttle - A smart contract system for Layer-1 governance to enact its policy decisions in the execution layer.

Bridging - The bridge interface will go live. Users can deposit ETH, USDC, and USDT from mainnet via Gravity Bridge. ATOM transfers will be possible via IBC.

Canto Decentralized Exchange - A DEX with 0% LP fees for stable and volatile pairs, based on Solidly trading logic.

Canto Lending Market - A lending market for assets on Canto including LP tokens based on Compound V2 lending logic.

NOTE and supporting smart contracts - NOTE is Canto’s unit of account token.

TBA: LM Program Starts

At 11AM CT on July 20th, Canto’s liquidity mining program will kick off. To participate in the liquidity mining, head to lp.canto.io and provide liquidity to the DEX.

Canto will launch with 5 incentivized pools:

  • USDC/NOTE Concentrated Liquidity Pool (yx^3 + xy^3 = k)
  • USDT/NOTE Concentrated Liquidity Pool (yx^3 + xy^3 = k)
  • NOTE/CANTO Full Range Liquidity (xy = k)
  • CANTO/ETH Full Range Liquidity (xy = k)
  • CANTO/ATOM Full Range Liquidity (xy = k)

After receiving LP tokens, participants can earn rewards by supplying the LP tokens to the Canto Lending Market. Rewards will be distributed in the form of Canto dripped to the LP token suppliers.

Canto is a high risk experiment that is testing a series of new ideas on the frontier of decentralized finance and social coordination. Please participate at your own discretion.

About Canto

Canto is a Layer-1 blockchain built to deliver on the promise of DeFi – that through a post-traditional financial movement, new systems will be made accessible, transparent, decentralized, and free. Created by a loosely organized collective of chain-native builders, Canto is a new commons powered by Free Public Infrastructure.

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