CIP-0084: Tokenomics Committee to Recommend $/MB Price Tuning
This CIP grants the Tokenomics Committee the authority to recommend adjustments to the ledger cost parameter ($/MB) to Super Validators, enabling proactive management of accelerated scaling demand. The Committee will review scaling data and make periodic recommendations to maintain network stability and align incentives. This process aims to manage increasing demand in an orderly manner, providing sufficient time for scaling investments to be realized.
CIP-0084
Summary
This CIP proposes that the Tokenomics Committee has the right to recommend adjustments to the ledger cost parameter ($/MB) to the Super Validators (SVs) without requiring a new CIP each time. This will enable proactive management of accelerated scaling demand while longer-term scaling investments are deployed.
Motivation
The Canton Network is experiencing incredible demand and has rapidly accelerating momentum across institutional and retail adoption.
- Institutional Onboarding: A significant waiting list exists for new validators.
- Retail Readiness: Retail motions are beginning to onboard users by the tens of thousands with continued pent-up demand.
- Asset Growth: Multiple new assets are expected to come online in quick succession.
All of this is leading to rapidly accelerating expansion and adoption of the network.
Long-term scaling investments are in progress. However, in the short term, the network requires some adjustment to align incentives and maintain orderly scaling.
Proposed Changes
Until a new CIP revokes this process:
- The Tokenomics Committee will periodically review on-chain and off-chain scaling data.
- Based on its assessment, the Committee will make recommendations to Super Validators regarding the appropriate cost per MB ($/MB) to use the ledger.
- Super Validators should implement these recommendations, ensuring alignment with network stability and scaling objectives.
Purpose of Adjustments
- Manage increasing demand in a controlled and orderly manner.
- Maintain the highest level of network stability as activity ramps up.
- Provide sufficient time for scaling investments to be realized and adopted.
Copyright
This CIP is licensed under CC0-1.0: Creative Commons CC0 1.0 Universal.
Changelog
- 2025-10-01: Initial draft of the proposal.
- 2025-10-17: Approved CIP.
- TBD: CIP Approved.