Unchain your capital. https://nitter.cf/t.co/zYIbAGnSkg https://nitter.cf/t.co/hvRm05TPdt
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Joined December 2024
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$MOD is now live.🔥
The first live phase of the Modulo token is enabled across Modulo, @Cantex_io , and @Cansai_app
Users can now access core $MOD functionality across the ecosystem, including holding, transfers, and swap functionality where supported.
$MOD is a Canton-native MVT (Minimum Variance Token) that will become a core part of the Modulo product layer.
More details coming soon!
A few updates as we prepare for Modulo's next major release 💜
🔄 We've switched off swaps for now. They'll return with the new version.
Our current rewards program has also wrapped up as planned.
Point conversion stays available, and subscriptions continue as usual.
More soon🔜
One of the coolest details from yesterday's DTCC announcement:
Tokenized securities can move between registered wallets on Canton at 3 AM on a Sunday.
Wall Street is getting some new operating hours. 👀
JPMorgan. Citi. Morgan Stanley. Fidelity. UBS.
All signed on to DTCC's tokenization service, now live with Canton integration.
What a day for Canton. 👀
.@The_DTCC, which custodies $114T in assets, has launched its Tokenization Service.
Minting digital representations of Russell 1000 constituents, major index ETFs, and US Treasuries, are now live on Canton Network, built with input from 150+ firms.
PR: businesswire.com/news/home/2…
For scale, $40 trillion is more than the entire US economy produces in a year.⚖️
Reconciliation across financial markets costs the industry an estimated $130 billion a year.
Roughly $40 trillion in assets sit idle because of the friction involved in moving them.
Canton is built to take that friction to zero.
@YuvalRooz | TOKEN2049
Clocks go back in Europe today, so Sunday runs 25 hours.
Canton opens a mining round every 10 minutes. That’s 150 rounds in Europe’s Sunday instead of the usual 144.
Enjoy the extra hour ☕
7/ Ready to give Canton a try?
Modulo is open to everyone. 💜
Get started at app.modulo.finance
6/🔒Privacy depends on the asset.
CC balances and transfers are publicly visible through Scan.
Privacy-enabled assets and app transactions share details only with the relevant parties.
5/💸 Fees are priced in dollars.
Network fees are denominated in USD but paid in CC.
Validators pay these fees when submitting transactions, and the CC used is burned.
4/⚡ Preapprovals skip the accept step.
A transfer preapproval lets your wallet automatically accept incoming CC.
Many exchanges only send CC to parties with an active preapproval.
3/🤝 A transfer can work like an offer.
The sender creates a transfer offer, and it settles once the receiver accepts it.
Until then, it remains pending.
2/📍 Your address is a Party ID.
It consists of a readable name and a key fingerprint, joined by two colons (::).
Always copy and paste the full ID.
We're aware of the recently disclosed PHP vulnerabilities.
Modulo does not use PHP and is not affected by these vulnerabilities.
Your funds are safe, and no action is required from users.
We'll continue monitoring the situation. 💜
Good to see this finally approved.🔥
Canton is growing, and CC burns should grow with the activity.
🔥 Universal Burn is coming to Canton Network.
Once live, every mainnet synchronizer will burn Canton Coin to pay for traffic.
Beyond the burn:
To become the onchain settlement layer for global finance, networks need to scale with demand.
Dedicated synchronizers on Canton deliver:
· Unlimited scalability: Any institution or builder can add capacity when they need it, scaling the network horizontally.
· Independent control: Run your own dedicated synchronizers to meet local needs, without giving up global composability.
Unlike other scaling approaches:
· No fragmented liquidity like L2s or sidechains.
· No broken composability.
· No split economics.
Unlimited scale, with independent control.
One network, one shared economy.
Join us Monday, 2PM ET on 𝕏 Spaces where we will discuss in further detail.
Link in thread.
solana:So11111111111111111111111111111111111111112, on Canton ☀️
@OnRailsFinance brings SOL to Canton as cSOL, backed 1:1 by SOL on Solana.
And you can hold it right alongside your CC in Modulo. 💜
