Cannon Finance is a decentralised network that enables digital asset interoperability between various blockchains. The decentralised finance (DeFi) landscape has rapidly evolved over the course of the year 2020. It has shown that various financial applications can be created without centralized control or censorship. However, these applications currently have a limitation in terms of interoperability and decentralization. Most of these applications are powered on Ethereum and lack a true interoperable bridge to bring other blockchain assets onto Ethereum to enable cross-chain decentralised finance. Cannon is an interoperable decentralised bridge to wrap any blockchain based asset onto Ethereum.

Cannon will operate by a basis of incentives and penalisation powered by its native Cannon token (CAN) where the protocol pays honest nodes and slashes dishonest ones while maintaining a private layer.

Unlock liquidity from multiple blockcannons by utilizing a permisionless decentralized layer called Cannon.

Bridge any digital asset from any blockcannon to Ethereum and power your decentralized finance application.