Since the emergence of DeFi, experts have been discussing ways to incentivize the creation of public goods. Public goods, such as core infrastructure and services, play a crucial role in creating a more efficient ecosystem for users. However, their development has been hindered by the lack of proper financial incentives.

As we enter 2023, we’d like to take a moment to reflect on some of the key moments in the launch and development of Canto.

Since the launch of Canto, the Plex team has been working on improvements for canto.io to provide a better user experience for the community. We've updated all Canto FPI frontends, including the pages for Bridge, LP, Lending, Staking, and Governance. To ensure that these updates meet the needs of the Canto community, we’ve gathered feedback from users and used this feedback to guide our improvements.

Plex team has conducted an extensive audit of the Canto codebase and we're pleased to confirm we have identified and mitigated the bug. We provide here a report in the interest of furthering the Cosmos SDK and Ethermint ecosystems.

We’d like to thank everyone for participating in our testnet this weekend. We originally expected to get <100 users, but ended up with far greater participation. We wanted to recap some of the highlights from this experience. Our thoughts below:

In order for Canto to implement network governance control over applications deployed to the EVM, a method of transporting and verifying information from Cosmos SDK governance is required. This is where Canto’s custom GovShuttle module comes into play. This module allows proposal information from SDK governance to be read and implemented by applications on the EVM.