Proposal: LynoBridge - EVM-to-Canton Cross-Chain Bridge & DeFi Suite
Development Fund Proposal Submission
Proposal file: /proposals/lynobridge.md
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Summary
LynoBridge connects EVM-compatible Layer 2 networks directly to the Canton Network, enabling any L2 user to bridge USDC into USDCx without routing through Ethereum mainnet. The proposal covers three milestones: bridge launch, DEX/swap with security audit, and staking and lending primitives. LynoBridge operates an active Canton mainnet validator node and has 12,000+ pre-registered users.
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Checklist
- [x] Proposal file added under
/proposals/ - [x] Milestones and funding amounts defined
- [x] Acceptance criteria included
- [x] Alignment with Canton priorities described
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Notes for Reviewers
LynoBridge is an active Canton mainnet validator with Provider status and a Featured App application submitted to the Canton Foundation Tokenomics Committee. Funding is structured across 3 milestones (200,000 + 500,000 + 200,000 CC = 900,000 CC total), with the largest allocation covering DEX development and a full professional security audit. Happy to answer any questions on architecture or mechanics.