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CCPEDIAby Unity Nodes

CIP-0007: SVs can earn extra SV reward weight when bringing Validators or apps to the Canton Network

ReplacedTokenomicsCreated 12-03-2024Approved 18-03-20241 attachment
TL;DR

CIP-0006 establishes a temporary process for allocating the initial 200 Validator rights and approving applications for MainNet launch, delegating these responsibilities to a 3-person Super Validator Council (SVC) working group until the Foundation is operational. It also defines conditions and a process for revoking Validator rights if they remain inactive. CIP-0007 incentivizes Super Validators (SVs) to onboard new Validators and applications by allocating additional Validator rights based on their tier and offering extra SV reward weight for successful referrals. This aims to bootstrap the early ecosystem by leveraging SVs for network growth and adoption.

CIP-0007