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 liquid EVM token to be transferred as USDCx without manual Ethereum mainnet interaction. The proposal covers bridge launch, DEX/swap with security audit, and staking and lending primitives, with all DAML contracts published under Apache 2.0.
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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. A closed DevNet simulation produced 850+ bridge transactions in 3 days, and bridge transactions are currently operational on Canton mainnet. A live demo or video is available upon request.
The implementation is built on Circle CCTP and Relay Link for EVM-side token conversion, Canton Ledger API for party provisioning and command submission, Canton Wallet SDK for the embedded non-custodial wallet, and xReserve for USDCx minting. DEX contracts use a sharded AMM architecture with constant product formula to mitigate contention under Canton's contract consumption model. All DAML contracts will be published under Apache 2.0. Happy to answer any questions on architecture or implementation details.