In Janary, CantoPublic metrics went through the roof, $CANTO price added 720%: Reasons Canto
Canto , a DeFi-focused Layer 1 blockchain, was in the spotlight last January. It looks like its popularity should be attributed not only to an attractive narrative and aggressive community, but also to balanced tokenomics, a thriving ecosystem and a couple of DeFi-native innovations"hard-coded" into its design.Launched in Q3, 2022, Canto is a Layer 1 blockchain that is running on top of Ethereum Virtual Machine .
Also, Canto released an impressive incentivization mechanism, Contract Secured Revenue : DeFi builders can get up to 30% of fees raised from the operations of their protocols.
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