CANVAS Connect

CANVAS Join

We’re on a mission to onboard the subsequent billion individuals to DeFi. We consider CANVAS Join will revolutionize the best way individuals transact on Layer 1 blockchains and unlock DeFi for all.

CANVAS, a number one DeFi infrastructure firm, is happy to announce the testnet launch of CANVAS Join, the Layer 2 scaling answer constructed for the digital economic system.

CANVAS Join was inbuilt collaboration with StarkWare. The service will permit customers to finish DeFi transactions with out paying the prohibitively excessive and unpredictable gasoline prices while nonetheless benefiting from Ethereum safety. Transaction varieties embrace:

1. Investing – Any greenback quantity into any Ethereum L1 dApp.

2. Buying and selling – A brand new means to purchase/promote/commerce on Layer 2 with none gasoline charges.

3. Transfers (funds) – Immediately switch Ethereum from one pockets to a different with none gasoline charges.

“We’re on a mission to onboard the subsequent billion individuals to DeFi. We consider CANVAS Join will revolutionize the best way individuals transact on Layer 1 blockchains and unlock DeFi for all,” mentioned CANVAS CEO and Co-Founder, David Lavecky.

CANVAS Join is exclusive amongst L2’s in that there’s no surge pricing, no charge token, no liquidity islands, no minimal commerce values, and presents easy integration with APIs and SDKs.

“Blockchains have to be sooner, extra scalable, and cheaper to unlock mass adoption,” mentioned StarkWare CEO, Uri Kolodny, “Canvas Join L2 solves the challenges to help the subsequent billion individuals to DeFi. The way forward for international economies are natively digital and Canvas Join is constructing the infrastructure to energy this development.”

CANVAS Join will provide entry to main Ethereum dApps resembling AAVE, Compound, Balancer, Uniswap, and Yearn in addition to permissioned dApps like AAVE Arc & Stakewise the place solely whitelisted, KYC’d contributors can entry, unlocking DeFi for regulated establishments.

Fireblocks would be the first institutional grade pockets infrastructure to natively help CANVAS Join L2, enabling all Fireblocks shoppers to learn from gasless entry to all Layer 1 Ethereum dApps in addition to immediate trades and transfers on the CANVAS Join Layer 2 community.

Following the profitable launch on testnet, CANVAS Join will probably be deployed to mainnet in much less then 90 days after completion of code audits.

For extra details about CANVAS Join please go to our web site: http://www.CANVAS.co

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About CANVAS

CANVAS creates Layer 2 Infrastructure for DeFi with a set of companies constructed on ZK rollups to entry DeFi locations cheaply, simply, and securely.

CANVAS’ mission is to onboard the subsequent billion individuals to DeFi, each permissioned and permissionless. Present shoppers embrace Monetary establishments, Hedge funds, Fund Managers and Excessive Web Value people from world wide.

CANVAS was based by profitable tech entrepreneurs, David and Daniel Lavecky. Their earlier fintech – Pure Commerce was bought to Euronet Worldwide (Nasdaq: EEFT) in 2013 and was the most important Fintech sale in Australia on the time.

About StarkWare

StarkWare is main the best way in scaling Ethereum. The corporate pioneered the STARK proof and made this groundbreaking cryptographic system accessible via Cairo programming language, StarkEx scaling engine, and StarkNet Validity-Rollup. StarkWare’s options depend on Ethereum’s safety, and have settled over $650B, and over 200M transactions, and greater than 65M NFTs, serving lots of of hundreds of customers.

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