(1/2) Independent L1s suffer from the "cold start problem": - It must to be expensive to 'takeover' the network - typically requiring fundraising - The tech is complex and requires deep understanding to avoid execution failures

AI monetization isn’t a zero-sum game. There’s enough value for everyone if we design the right incentives for developers, compute providers, users, and model creators alike. Function is building the rails on Base. Are you ready to escape the black box?

Introducing Canopy YOUR HOME FOR LAYERLESS CHAINS

New to Canopy? Here’s a quick glossary of the core concepts that make our ecosystem unique. Save this thread for a quick reference or bookmark our docs for more detail 🧵👇

You might not know it, but nearly everyone in AI is using the same 4 open-source models. Llama. DeepSeek. Mistral. Qwen. Not because they’re the only ones out there, but because the system is broken. Incentives are misaligned. Discovery is nonexistent. Here’s why 🧵

Most staking ecosystems dilute rewards across a shared pool. Canopy takes a different approach. Validators and delegators secure individual apps, earning rewards from both the app and Canopy. Native tokens + custom incentives = aligned upside. Stake where your effort counts

Optimize - Benchmark - Repeat SMT 50% optimization 💪

A new era of Layer 1 is here 🌿 Shared security. Recursive architecture. Zero layers between builders and value. This is Canopy , where ecosystems build each other. Join discord : discord.gg/hzHa6RF2 Start building. #CanopyNetwork #Web3Infra #StartBuilding

What can you build with Canopy? Whether you’re launching a game, a DeFi protocol, or a compliant fintech platform, Canopy gives you the tools to scale, specialize, and evolve without compromise. Here are a few examples 👇

Function doesn’t just run onchain. It is the chain. We’re powered by @Base appchains, perfect for scaling AI onchain. Here’s what that looks like under the hood  🧵

Tonight we are celebrating the 100+ Coinbase 🛡️ alum-turned-founders pushing crypto forward. Help us kick it off: What's something you learned during your time at CB that led you to where you are today? 👇

The endgame is millions of developers building on hundreds of models, not four logos dominating your feed. Launching soon on Base

The future of scaling is L2s... or is it? If your L1 can’t scale securely, you’re just building on a fragile foundation. Let’s break it down 👇

What if you could use the same money in two places at once and earn rewards from both? That is kind of what restaking does in Web3. What Is Staking? Staking means locking your tokens in a blockchain to help secure it.

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Keep up with all updates on Canopy #builders can/should apply for the cohort

Imagine security as a value loop: Where apps reward the validators that protect them, and validators opt in to secure the apps they believe in. That’s economic cross-pollination, a new model where value flows in both directions. Learn more here: canopynetwork.org/learn-more/eco…

Huge shout out to the Canopy engineering team. We just did a round-trip implementing a versioned KV store over pebbleDB only to find out that badgerDB still has us beat. It takes maturity to follow the benchmarks over effort level

Happy Juneteenth everyone. ❤️

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