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We’re thrilled to announce that Canopy Network Foundation has raised $8.5M in financing. We’d like to thank our backers, partners, and stakeholders for all of the support to this point.
Legacy frameworks and development tools for onchain apps were envisioned and built when humans were writing 100% of code. They were built for a world that no longer exists. As development costs approach zero, builders need infrastructure that can keep pace with their ideas.
Canopy was built from the ground up to support AI-development. 200 lines of code, AI scaffolding, deployment tools, monitoring - everything you need to start and scale.
By reimagining the infrastructure layer, Canopy unlocks an entirely new set of builders in web3: anyone with an idea.
Mainnet is next.
Build with any AI coding assistant. Launch onchain with Canopy.
→ https://t.co/WEGuoZbvrd
Every cycle leaves a graveyard of chains that launched and quietly died.
And that happens because they spent everything on development, with nothing left for launch execution.
Canopy chains launch with security, liquidity, and users already there.
Go build 🌿
Today we're excited to share that Canopy has acquired the core IP assets of Tanssi.
From the beginning, Tanssi built the gold standard for appchain orchestration. Validator coordination, sequencer assignment, data availability — all automated, all proven in production.
We have enormous respect for what the Tanssi team, contributors, and community built.
We're excited to continue partnering with the Tanssi team as Canopy expands its infrastructure and orchestration roadmap. This technology and research will continue forward as part of that long-term vision.
Read the full blog ↓
https://t.co/S2J380wADe
All issues fixed
In the last 4 days, due to a huge influx of users coming in to the platform, our position closer shut down, leading to inability to close underwater positions. As such, the tokens claimed got instantly consumed after claim.
We received the feedbacks from users and immediately took actions. Everyone who submitted the feedback has been compensated. This is what the testnet and all the waitlist is for. Please continue helping us to build this platform. We are opening for queue 2 next week.
-> Queue here: https://t.co/bLEV6hvIlF
Clarification on why we "gatekeeping" people.
Dear our valuable users,
First I want to express my sincere gratitude to the early farmers, testers, advisors, and believers of this DeFi experiment. Up until today 112,000 waitlist registration, 20,000 DAUs, 44,000 positions opened, 80,000 transactions, and so on, are incredible numbers in a bear market.
These numbers are giving us a "pleasant headache". Our infrastructure could not handle that many of people at a time and our plans on multiple tools draining like crazy. That's why we have to make multiple layers of entrances, so that the platform won't crash😅.
With that being said, I am grateful. Thank you for joining this experiment. We'll let everyone in asap. in the meantime, we do expect to receive as many feedbacks as possible. We'll post a feedback form.
1/ We’re building a perpetual protocol around a simple idea: outcomes should come from market direction and position management, not from hard-to-model exchange mechanics.
The queue 1 is now allowed.
All queued users are now inside Season I testnet. Those who register now will be placed in queue 2.
Enter NOW.
Start earning points.
→ https://t.co/DdqI3yzBiM
24 hours.
The queue unlocks.
Everyone inside enters Season I
and starts earning points.
If you’re still outside…
this is your last window.
→ https://t.co/DdqI3yzBiM
I just joined the KASH 💰 waitlist from @KAIO_xyz.
Get early access to receive up to 8% non-crypto correlated yield through a curated basket of top institutional RWA funds.
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The 3rd day of our Season 1: Testnet witnessed 3,000 participants, 8,000 people are in the queue.
Our system runs smoothly.
Next stop: Competing with Trading AI Agents!
Enter Season 1 -> https://t.co/HzcfGctdFQ