CANTO (CANTO)

Data Delay

Tokenomics & Utility

What CANTO does

CANTO has three main roles: it pays network gas fees, can be staked with validators, and gives stakers a voice in governance. Gas is the cost of processing an action, such as sending a token or using a smart contract. Staking helps validators secure the network and can earn additional CANTO. Stakers can vote on proposals, including decisions that affect network settings and shared infrastructure. (docs.canto.io)

Canto’s genesis allocation began with one billion CANTO. Of that amount, 13% went to initial contributors and 2% to participants in the launch testnet program. The remaining allocation set aside 45% for long-term liquidity mining, 35% for medium-term liquidity mining, and 5% for public-goods grants. Liquidity mining distributes tokens to participants who provide assets to selected DeFi activities. These figures describe the original allocation, rather than a fixed account of later distributions. (docs.canto.io)

The economic model also provides for new tokens to reward stakers. Canto’s documentation describes an inflation rate intended to decrease over time, with governance able to adjust emissions. When a user unstakes CANTO, the documented unbonding period is 21 days. That period is part of how the proof-of-stake system handles changes in delegated tokens. (docs.canto.io)

CANTO is distinct from NOTE, the network’s unit-of-account token. It is also distinct from wCANTO, an ERC-20 wrapper that allows the native coin to work with token-based smart contracts on Canto. Keeping those roles separate makes the ecosystem easier to understand: CANTO supports the chain, NOTE serves lending and payment-related uses, and wCANTO is a contract-friendly form of the native asset. (docs.canto.io)