CANTO broke through $0.25, up more than 20% in the day Gate.io Market data shows that CANTO broke through $0.25 and is now quoted at $0.255, an intraday increase of 25.5%. The market is volatile, please be aware of the risks.

Odaily, L1 blockchain Canto plans to launch the parallel execution EVM "Cyclone Stack". The Cyclone Stack will remain fully EVM compatible, providing users with a better experience. Canto will support the Cyclone Stack with the following upgrades: - Callisto Upgrade: Plans to reduce block time to sub-second, will use Cosmos SDK V0.50 and ABCI 2.0. -Elara Upgrade: Optimistic will launch the Optimistic Parallel Execution EVM module, bringing a high efficiency standard to Layer-1 based on the Cosmos SDK. -Kallichore upgrade: will eliminate storage bottlenecks and improve the efficiency of the Cosmos SDK. The Callisto upgrade is expected to be released in the second quarter of 2024, with the Elara and Kallichore upgrades scheduled for completion in the second half of 2024.

The Layer-1 chain Canto plans to submit three governance proposals at 10:30 a.m. ET on January 17. If the proposal passes, Canto will implement the following measures: reduce new Liquidity Mining incentives by 10%, fund Liquidity Mining incentives for the next period, and reduce secure issuance by 10%. After the above proposal is passed, the Liquidity Mining rewards for multiple trading pairs will be adjusted. The security issuance will be reduced to 2.248 CANTO per block.

The Canto lending marketplace now supports fBILL and ifBILL as collateral for NOT, with fBILL and ifBILL issued by Fortunafi, tokenized US Treasury bills that enable users to access RWA within Canto's new financial infrastructure, Gold Finance reported.

Decentralized lending platform Anzen will deploy tokenized private credit RWA on the L1 blockchain Canto, aiming to bring institutional-grade, debt-based real-world assets (RWA) on-chain, Golden Finance reported. Anzen is a decentralized lending platform where users can offer stablecoins to earn earnings generated by real-world assets. These assets mainly include short-term debt with fixed repayment plans, including categories such as SME financing, auto loans, and accounts receivable. These assets are backed by collateral, utilizing loan covenants and real-time monitoring to ensure greater security for lenders.

News on October 12, at 2:30 Beijing time on October 13, Cosmos ecological public chain Canto will submit a proposal to upgrade the implementation plan of Canto Loan Market (CLM) auditors, which will prepare CLM to support real-world assets (RWA).

PANews reported on October 10 that the Cosmos ecological public chain Canto will submit three separate governance proposals at 23:30 on October 11, including setting up new liquidity mining incentives (reduced by 20%) and reducing security releases. 20% to 2.776 CANTO per block. The proposal will take effect immediately after it is passed.

Odaily Planet Daily reported that the Cosmos ecological public chain Canto will submit three separate governance proposals at 23:30 on October 11, including setting up new liquidity mining incentives (reduced by 20%) and reducing security releases by 20%. to 2.776 CANTO per block. The proposal will take effect immediately after it is passed.

On May 26th, LayerZero, a full-chain interoperability protocol, announced that it has added support for the Cosmos ecological public chain Canto, allowing projects built on Canto to seamlessly extend their applications to more than 30 chains supported by LayerZero. Developers building with LayerZero can also extend to Canto.