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Canary DeFi is a decentralized finance ecosystem primarily operating on Avalanche, a fast and scalable blockchain. It offers a multichain approach by deploying on various EVM-compatible chains, starting with Avalanche and planning expansion to other blockchains. The ecosystem centers around the CNR Token, which serves as a utility, governance, and reward token within Canary and its associated decentralized applications (dApps). Users earn CNR by participating in liquidity provision, staking, and governance activities.

The platform provides a broad range of DeFi products including decentralized exchanges (DEX), yield farming, staking, and prediction markets. Canary also integrates NFT utilities through its Boogey Birds NFT collection, which are stakeable NFTs that generate CNR tokens, blending DeFi with NFT engagement. Canary emphasizes community involvement, encouraging user participation in governance and development decisions to foster a collaborative ecosystem.

Canary is actively developing new features such as Canary_AI, a multiswap and DEX aggregator solution, aiming to enhance user experience and liquidity efficiency. The platform also offers educational resources through Canary Academy to increase DeFi awareness. Developers and users can get started by accessing Canary’s app, bridge, and documentation, which provide comprehensive guides and tools for interaction with the ecosystem.