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What is Canopy?

Canopy is an innovative decentralized finance platform (DeFi) that is fundamentally changing the way projects and asset owners interact with liquidity markets.

Canopy, a participant in Movement’s Move Collective accelerator program, is developing a key infrastructure for DeFi that demonstrates Movement’s ability to manage complex financial applications at large scale. The project was created to address disparate liquidity and inefficient yield opportunities in DeFi.

Canopy leverages Movement’s advanced trading platform of strategies, giving protocols and users convenient access to carefully selected yield strategies that prioritize security, scalability, and sustainability.

Canopy can be understood by its four key layers:

— Application Layer

— Reward Distribution Engine

— Strategy Layer

— Protocol Layer

Together, these layers form a platform where liquidity providers thrive. And for better understanding, we’ll talk about each of them.


Application Layer

Canopy’s application layer is designed to provide an intuitive user experience, simplifying user interaction with yield opportunities on the platform and allowing asset management in a single interface.

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The Canopy app is divided into 3 main pages: the Earnings Pagethe Research Page, and the Rewards Page.