CIP Browser

This Canton Improvement Proposal (CIP-0120) aims to change the validator reward calculation to be based on actual traffic usage, rather than CC burn for traffic purchases, and introduces a reward split between submitting validators and confirming validators. The proposed reward split is 70% for submitting validators and 30% for confirming validators, with the goal of incentivizing multi-hosting of parties across validators and enhancing network security and decentralization. By realigning rewards with actual traffic usage, this CIP seeks to create a more accurate and decentralized reward system.

This Canton Improvement Proposal (CIP-0119) introduces a free base duration for preapprovals, defaulting to 90 days, to solve the bootstrapping problem of enabling preapprovals without incurring Canton Coin (CC) fees. The proposal changes the transfer preapproval creation and renewal mechanism to charge only for the duration exceeding the base duration. This update allows validators to purchase CC through exchanges and maintains backwards compatibility with existing use cases.

This Canton Improvement Proposal (CIP-0118) adds Franklin Templeton as a Super Validator with a maximum weight of 5, incentivizing deeper integration with the Canton Network through a milestone-based framework. Franklin Templeton will earn Super Validator weight incrementally as it completes and verifies milestones, such as on-chain treasury management, 24x7 create and redeem functionality, and scaled adoption. This proposal strengthens Canton's position as institutional financial infrastructure by aligning Super Validator weight with tangible ecosystem growth and financial utility.

CIP-0117 proposes the adoption of Logical Synchronizers to provide an abstraction layer between physical synchronizer nodes and Validators, enabling seamless protocol upgrades with minimal downtime. This abstraction allows Validators to connect to a single synchronization service, even as physical synchronizer nodes change their deployment and communication protocols. The proposed Logical Synchronizer Upgrade (LSU) will eliminate the need for a coordinated global halt, reducing downtime from 90 minutes to 3 hours to seconds to minutes.

This Canton Improvement Proposal, CIP-0116, introduces per-party CC locking requirements for Featured App (FA) designation to shift governance towards a market-based process and prioritize applications with committed capital. To qualify as a Featured App, an application must maintain good standing with the Foundation and satisfy the applicable minimum CC locking requirement per PartyId, which varies between 5,000,000 and 25,000,000 CC depending on the application type. Failure to meet these requirements will result in loss of Featured App status, promoting a more objective and on-chain FA designation process.

This Canton Improvement Proposal (CIP-0115) adds Societe Generale as a Super Validator with a maximum weight of 8, recognizing its significant contributions to the Canton Network, including tokenized bond issuance and participation in the on-chain U.S. Treasury financing working group. The proposal establishes a milestone-based framework for Societe Generale to earn SV Weight by completing specific deliverables, such as accepting tokenized assets as collateral and deploying EURCV/USDCV on Canton. This CIP aims to promote institutional adoption and set a new standard for on-chain collateral acceptance, funding, and settlement.

The Digital Asset Treasury (DAT) SV Program, CIP-0114, aims to encourage the formation and growth of DAT companies that provide investor access to Canton Coin (CC) and commit to long-term CC ownership. This program rewards DATs that accumulate and hold CC over multi-year periods with Super Validator (SV) rewards, promoting long-term capital formation and treasury-based accumulation of CC. By doing so, the program expands access to CC through regulated financial structures, supports deeper liquidity, and enhances ecosystem credibility.

This Canton Improvement Proposal (CIP) adds Further Asset Management as a Super Validator (SV) with a maximum reward weight of 8.0, tasked with delivering milestone-based applications that drive sustained Canton Network activity. Further will act as a regional aggregation layer for the GCC, onboarding sovereign-aligned capital and regulated settlement workflows through its portfolio companies. Successful delivery of these applications will earn Further up to 8.0 reward weight, driving economic sustainment and Canton Network activity.

This Canton Improvement Proposal, CIP-0112, enhances the Canton Network Token Standard V2 to improve privacy, performance, and traditional accounting capabilities. The proposal introduces new major versions of token standard packages to increase flexibility and accommodate traditional assets on-chain, while maintaining backward compatibility with the existing CIP-0056 standard. This evolution aims to foster interoperability between crypto and traditional finance, and to prevent fragmentation of the on-chain ecosystem.

This Canton Improvement Proposal (CIP-0111) outlines a process for reducing the weight of a Super Validator (SV) under certain circumstances, including failure to meet milestones or activity requirements. The process involves an off-chain governance procedure and a corresponding on-chain vote and configuration change, ensuring a fair and transparent weight reduction process. By implementing this process, the network can adapt to changing circumstances and maintain the integrity of its Super Validators.

This Canton Improvement Proposal (CIP) adds Apollo as a Super Validator (SV) with a maximum weight of 7, enabling them to participate in the Canton Network and advance the adoption of tokenized real-world assets and financing use cases. Apollo's participation is expected to unlock alternative markets, enable new collateral types, and drive institutional participation on the network. The proposal establishes a performance-based program with confidential commitments and milestones that will be reviewed and rewarded by the Accountability Committee.

This Canton Improvement Proposal (CIP 0109) grants Visa participation as a Super Validator (SV) with a maximum weight of 10, aiming to bring credibility, alignment with global payment infrastructure, and meaningful contributions to network governance and adoption. The proposal establishes a milestone-based program for Visa to receive SV weight for initiatives that advance the Canton ecosystem, with confidential commitments and milestones reviewed by the Accountability Committee. This collaboration is expected to signal institutional confidence in Canton as a settlement layer for regulated, large-scale financial activity.

This CIP proposes adding Merkle Science as a Weight [ ] SV to the Canton Foundation to enhance network security and accelerate institutional adoption. Merkle Science will integrate its predictive analytics for real-time detection of illicit activities, providing a foundational security layer crucial for meeting regulatory obligations and attracting financial institutions. This integration is projected to onboard 100+ customers, generating significant annual transaction volumes and increasing the utility and burn of CC.

This Canton Improvement Proposal (CIP 0107) introduces a 24-hour submission delay for end-user transactions in the Daml layer, making Canton fully compliant with the token standard. The mechanism involves creating a new `ExternalPartyConfigState` contract that stores relevant information from the latest `OpenMiningRound` contract, which is active for 48 hours and copied every 24 hours. This change will impact the token standard implementation of CC, requiring it to rely on `ExternalPartyAmuletRules` and `ExternalPartyConfigState` instead of `AmuletRules` and `OpenMiningRound`.

QCP Group has been approved as a Super Validator in the Canton Network with a maximum potential weight of 5.0, contingent on achieving specific milestones related to institutional adoption, application delivery, and network economic activity. To earn the full weight, QCP must develop an institutional collateral application, onboard 10 tokenized money market funds, and achieve a certain level of Canton Coin burn through application-driven network activity. This partnership aims to strengthen Canton's institutional on-chain settlement capabilities and utility proposition.

Here is a 2-3 sentence summary of the CIP-105: This proposal introduces a long-term locking and commitment framework for Super Validators (SVs) on the Canton Network, aligning their incentives with the network's long-term success and reducing incentives for short-term behavior. SVs may elect to lock a portion of their lifetime earned SV rewards to maintain forward Super Validator Weight, with the locked amount directly tied to their influence on the network. This framework replaces reputational assurances with cryptographic proof of alignment, promoting a more transparent and objective system.

This Canton Improvement Proposal (CIP 0104) aims to improve app reward incentives by basing them on actual traffic spent on transactions that change the state managed by the app, rather than relying on featured app markers. The proposal also makes protocol-conformant confirmation responses free to foster decentralization and reduce transaction costs. This change is expected to improve the throughput of the Global Synchronizer and reduce the transaction cost of app transactions.

This Canton Improvement Proposal (CIP-0103) introduces a vendor-neutral dApp API that decouples network connectivity and key management from decentralized applications, enabling users to access any application with a validator and signing provider of their choice. The dApp API provides a standardized set of primitives for interacting with the Canton Network, emphasizing a minimal, interoperable surface with strict semantics for requests, responses, and errors. By standardizing the interface, the API promotes seamless interoperability between dApp clients and wallets, reducing friction, increasing integration effort, and elevating security.

CIP-0102 adds Tharimmune as a weight 4 Super Validator (SV) on the Global Synchronizer, with reward weight granted via escrow and released in tranches as milestones are delivered. Tharimmune, a Canton ecosystem-focused digital asset treasury company, will strengthen decentralization and provide public-goods contributions to the network. By completing specific deliverables, such as publishing quarterly ecosystem research reports and holding public community webinars, Tharimmune can earn up to 4 reward weight.