What is Canary?

Canary Exchange is a decentralized exchange built on the Avalanche blockchain. It utilizes an Automated Market Maker (AMM) model, allowing for the trading of digital assets through liquidity pools rather than traditional buyers and sellers.

The native token, CNR Token, is integral to the Canary Exchange and its associated dApps. CNR has a maximum supply of 570 million tokens, of which approximately 90% is allocated to a community treasury for liquidity mining, 5% for a community airdrop, and 5% for developer compensation. Users can earn CNR Tokens by participating in the exchange and have the option to swap or stake their tokens.