Summary: The only way to get free Canto testnet tokens is from the official faucet at cantofaucet.com. With this method, all you need to do is enter your Canto wallet and click ‘request funds’ to get access to 50 free CANTO tokens on testnet every 24 hours.
You can continue reading our extended guide below for more information on how to get started.
How to Get Canto Testnet Tokens from Faucet
As previously stated, the simplest way to instantly receive free Canto testnet tokens from a faucet is by using the official Canto Testnet Faucet. This faucet allows users to link their Canto Wallet (e.g. MetaMask) to the testnet network and obtain up to 50 Canto testnet tokens.
To get Canto Testnet tokens from the faucet, follow these steps:
- Visit the Canto Testnet Faucet.
- Enter your wallet address and select 'Request Funds' to obtain 50 free CANTO.
- The tokens will be transferred to your Canto Testnet wallet address within 2 minutes.
Why Should I Get Canto Testnet Tokens?
Users require Canto testnet tokens for a few different reasons. Primarily, they provide developers with a risk-free environment to test their applications, smart contracts, or decentralized apps (dApps) on the Canto network without using real assets. This enables them to identify and fix potential issues before deploying on the mainnet.
Additionally, testnet tokens are useful for users who want to familiarize themselves with the Canto ecosystem's features and functionalities, such as wallet management or token transfers, without incurring any financial risk. Overall, Canto Testnet tokens foster learning, experimentation, and innovation within the network.
What is Canto?
Canto is a permissionless, general-purpose blockchain that runs the Ethereum Virtual Machine (EVM) and aims to revolutionize the decentralized finance (DeFi) space. It offers transparent, decentralized, and accessible financial systems by providing core financial primitives designed to support the ecosystem, such as a zero-fee DEX for liquidity providers, a pooled lending Compound v2 fork, and a fully collateralized unit of account token.
Canto focuses on three core tenets: liquidity as a free public good, rent extraction resistance, and minimal viable user capture. By offering zero fees for liquidity providers and ensuring core DeFi primitives do not have sovereign governance tokens or rent extraction capabilities, Canto aims to establish free public infrastructure. It also avoids interface-driven user ownership, relying on third-party aggregators for user acquisition.
In summary, obtaining free Canto testnet tokens from cantofaucet.com is a seamless process for developers and users to explore Canto's innovative ecosystem. By leveraging these tokens, you can safely experiment with dApps and smart contracts or learn about the platform's features without financial risk. Canto's unique approach to DeFi, emphasizing free public infrastructure, makes it a promising platform for the future. Follow our guide to experience the benefits of Canto firsthand.