CIP Browser

This Canton Improvement Proposal (CIP 0081) adds YZi Labs as a Weight 10 SV, enabling the company to receive SV weight for initiatives that advance the Canton ecosystem through a milestone-based program. The program is open-ended, allowing YZi to prioritize initiatives based on the network's needs while preserving accountability through pre-approval and objective milestone verification. This program will drive portfolio adoption and investment in Canton, with credited units of weight mapping to pre-approved, defined outcomes.

CIP 0080 adds Republic as a Sovereign Validator (SV) on the Canton Network with a weight of 6. Republic, a leading on-chain investment ecosystem, will integrate Canton's Token Standard into its wallet, enabling secure and customizable token management. This integration is expected to be completed within 180 days of CIP approval, with potential bonuses for early completion.

This Canton Improvement Proposal (CIP 0079) requires Super Validators to demonstrate readiness to ingest, validate, and expose a reference price feed for the Canton Coin (CC) listing by October 15, 2025. The proposal specifies that Super Validators must upgrade their Daml model to allow for automated on-chain vote replacement with a price feed, such as the Kaiko reference price. This change aims to ensure a more accurate and market-based CC/USD conversion rate, avoiding potential price dislocation and disincentivizing use of the chain.

This Canton Improvement Proposal (CIP 0078) aims to remove Canton Coin fees and adjust holding fees to make Canton Coin more attractive for users and application developers. The proposal involves changes to the Amulet Rules configuration and Splice code to eliminate fees for transferring Canton Coin and simplify the logic for charging holding fees. This change is expected to make Canton Coin and the Global Synchronizer more appealing to users and developers.

CIP 0077 adds Taurus as a Super Validator of weight 5 on the Canton Network, with Taurus committing to contribute to the network's growth and adoption in the financial sector. Taurus, a technology company providing digital asset infrastructure to financial institutions, meets the highest security and regulatory standards. As a Super Validator, Taurus will integrate Canton Network into its platform, enabling its banking clients to use and build on the network.

Here is a 2-3 sentence summary of the CIP 0076: Hypernative, a blockchain security and monitoring platform, is designated as a Super Validator with a weight of 1, providing real-time threat detection and monitoring services to the Canton network. To earn the full Super Validator reward, Hypernative must deliver a proactive network monitoring solution that detects balance changes, transfers, and other Canton Coin activity, and have at least one entity on the network subscribed to its monitoring alerts. The Super Validator reward will be escrowed and distributed to the Unclaimed Rewards pool, with Hypernative responsible for all costs associated with the operation of the escrowed Super Validator.

This Canton Improvement Proposal (CIP 0075) adds Zodia Custody as a Super Validator with a maximum weight of 5, contingent on meeting defined milestones within a 6-month period. Zodia commits to integrating its product suite with Canton, enhancing network value, and supporting Canton's development through feedback and suggestions. Associated rewards will remain unminted until these milestones are met and verified through the Tokenomics Group review process.

Here is a 2-3 sentence summary of the CIP 0074: CIP 0074 adds BitGo as a Super Validator (SV) of weight 5 on the Canton Network, with a focus on delivering custody support for the Canton Token Standard and driving adoption of the network with existing BitGo customers. BitGo, a leading digital asset infrastructure provider, will earn rewards based on the timely completion of deliverables, including custody support, acceleration, and adoption bonuses. The proposal aims to increase the security and adoption of the Canton Network through BitGo's participation as a Super Validator.

This Canton Improvement Proposal (CIP 0073) extends validator liveness rewards to arbitrary parties, allowing multiple parties to share a single validator while providing weighted rewards based on governance-defined weights. The proposal enables external parties to authorize any party to automatically submit minting transactions on their behalf, promoting network contribution and success. This CIP enhances the Canton network's tokenomics and governance capabilities.

Here is a 2-3 sentence summary of CIP 0072: CIP 0072 proposes adding Fireblocks as a Super Validator (SV) on the Canton Network with a weight of 5, allowing it to participate in the network's governance and validation processes. To earn the full SV reward, Fireblocks must deliver wallet support for the Canton Token Standard, accelerate adoption of the network, and meet specific milestones, including driving asset transfers and completing transactions on MainNet. Successful completion of these milestones will result in Fireblocks earning additional SV weight and rewards, including a maximum of +2 SV weight and a share of the Unclaimed Rewards pool.

CIP 0071 adds Ubyx as a Strategic Validator (SV) on the Canton Network with a weight of 5, contingent on achieving milestones and deliverables over an 18-month period. Ubyx commits to building solutions on the Canton Network, enabling regulated transfers of value and integration into its stablecoin clearing platform. This partnership aims to facilitate compliant, privacy-preserving B2B payments at scale and enhance the Canton ecosystem's utility and interoperability.

CIP 0070 proposes adjusting the reward caps for Validators to mitigate the free rider problem and encourage participation. The proposal suggests increasing the reward minting caps for Validators and application providers by a factor of 200X, effectively eliminating minting caps until the Canton Coin reaches a conversion rate of $1 USD per Canton Coin. This change aims to track a per-round max liveness reward of approximately 90 CC for each validator.

Here is a 2-3 sentence summary of the CIP 0069: CIP 0069 proposes adding Ledger as a Super Validator (SV) with a weight of 5, allowing it to participate in the Canton network's governance. To earn its full weight, Ledger must deliver three key milestones: supporting the Canton Token Standard on Ledger Live and Ledger Enterprise, achieving an acceleration bonus, and driving Canton adoption among existing Ledger customers. Successful completion of these milestones will result in Ledger earning its full weight and contributing to the network's governance.

This Canton Improvement Proposal (CIP 0068) modifies the network's bootstrapping process to allow SV nodes to start from a pre-configured non-zero round, enabling network resets that maintain historical round progression. The proposal adds an optional `initialRound` argument to the `DsoRules_Bootstrap` choice and introduces a new flag `SPLICE_APP_SV_INITIAL_ROUND` to set the initial round. This change aims to better align TestNet with MainNet's ongoing state, particularly in terms of coin issuance.

This Canton Improvement Proposal (CIP 0067) authorizes a one-time allocation of historical unclaimed rewards from the Canton validator reward pool to the Global Synchronizer Foundation (GSF). The funds, estimated to be 1.6-1.7 billion CC, compensate GSF for its critical contributions to the Canton Network's design, governance, and operational stability. The transfer mechanism involves a manual review and verification process by the GSF Tokenomics Committee before sending the funds to the designated GSF address.

This Canton Improvement Proposal (CIP-0066) enables Super Validators to initiate a vote to authorize the minting of Canton Coin from an unclaimed reward pool, aligning with the milestone-based CIP rewards structure. The proposal introduces a new governance mechanism that allows Super Validators to propose the creation of `UnallocatedUnclaimedActivityRecord` contracts, representing authorized but not yet allocated Amulet rewards. This mechanism operationalizes the milestone-based CIP rewards structure and ensures decentralization, auditability, and escrow guarantees.

This CIP proposes adding Layer Zero, Wormhole, and Chainlink as Super Validators (SVs) with a weight of 3 each, alongside creating a bonus pool of weight 5. The purpose is to fairly compensate these bridge operators for their significant investments in engineering, testing, and security to connect to Canton, while also incentivizing early deployment and scaling. This mechanism aims to establish robust cross-chain connectivity for Canton, fostering a competitive environment among high-quality bridge solutions and potentially creating a "preferred" bridge through Canton Naming Service registration.

This Canton Improvement Proposal (CIP 0064) aims to replace the elected SV delegate mechanism with a delegateless automation system, improving fault tolerance and decentralization. The proposed system authorizes all Super Validators (SVs) to submit designated actions, with each SV application introducing a random delay to minimize contention. This change is expected to reduce unnecessary network load and improve overall system resilience.

This Canton Improvement Proposal (CIP 0063) adds Kaiko as a Super Validator of weight 6.5, contingent on milestones and deliverables being met over an 18-month period. Kaiko commits to building data solutions on the Canton Network, including making Canton activity data available off-chain and integrating real-world data to enhance network value. By partnering with Kaiko, the Canton Network aims to increase visibility, attract institutional-grade data, and support the development of its ecosystem.

This Canton Improvement Proposal (CIP-0062) outlines the process for synchronizer migration with downtime to upgrade from Canton 3.2 to Canton 3.3, requiring a major upgrade with downtime action by Super Validators and Validators. The upgrade procedure involves a synchronized operational procedure, pausing the synchronizer until completion, and has been tested extensively on DevNet, TestNet, and MainNet. The proposed upgrade is expected to complete within three hours and will be carried out on MainNet on June 25, 2025, with TestNet and DevNet upgrades scheduled for June 11 and May 28, 2025, respectively.