CIP-0069 Add Ledger as an SV of Weight 5
- Here on GitHub
Full text below.Abstract:
Add Ledger as an SV of Weight 5
About Applicant:
Ledger is the global leader in security and infrastructure solutions for critical digital assets and blockchain applications. Through Ledger Live and Ledger Enterprise, Ledger provides comprehensive self-custody solutions trusted by millions of individuals and enterprises globally, safeguarding assets across the blockchain ecosystem.
Stats:
-
> 6 million devices sold globally
-
> $1 trillion in value secured
-
Ledger Live supports >5 million active users monthly
Deliverables for full SV Reward:
Deliverable
Acceptance Criteria
Deadline
Weight Earned
Ledger Live support for Canton Token Standard
* Ledger Live customers can self-custody any asset on the Canton Network adhering to the Canton Token Standard
+ 180 Days from CIP Approval
0.5
Ledger Enterprise support for Canton Token Standard
* Ledger Enterprise customers can self-custody any asset on the Canton Network adhering to the Canton Token Standard.
+ 180 Days from CIP Approval
0.5
Acceleration Bonus (Ledger Live)
* At least one Ledger Live customer must be live, having completed a transaction on MainNet
* If delivered <=60 Days from SV CIP Approval (Bonus +2)
* If delivered in 180 Days from SV CIP Approval (Bonus +0)* Linear sliding scale between +60 and +180 days
* Example : If Ledger delivers Ledger Live support on Day 120 from SV Approval, Ledger is awarded a Bonus of +1
+ 180 Days from CIP Approval
Max 2
Adoption Bonus
* Driving adoption of Canton with existing Ledger customers across Ledger Live and Ledger Enterprise
+ 180 Days from going live
+ 0.5 per $1.5b of assets transferred up to a maximum of +2
SV Mechanics:
-
An ‘representative’ SV will be setup by the GSF with an SV Weight at the maximum earnable weight in this CIP
-
The Applicant is responsible for all costs associated with the operation of the representative SV
-
The representative SV will NOT mint rewards on a block by block basis
-
All representative SV rewards will go to the Unclaimed Rewards pool
-
Applicant is required to present proof of successful completed milestones to the Tokenomics Working Group
-
Applicant is required to present a calculation for number of Canton Coin it should earn for meeting the requirements of the milestone
-
If the Tokenomics Working Group agrees the milestone has been met and agrees with the calculation, an announcement will be sent via the Tokenomics-Announce mailing List
-
⅔ of Super Validator Operators will then assign a portion of the Unclaimed Rewards to be minted by the Applicant’s Validator
-
⅔ of the Super Validator Operators will update their configurations to allow Applicant to takeover a portion of their SV Weight on a go-forward basis
-
If any milestones and associated rewards are not achieved by the deadline
-
Applicant will be notified they have not met a deliverable by the GSF
-
Remaining SV Weight on the representative SV will be removed from the SV Operator configs
-
The Tokenomics Working Group will make a recommendation to the SVs on what to do with the Unclaimed Rewards
-
Applicant is subject to CIP-0045 : SV Operating Requirements
-
If, at any time, the Applicant has been rewarded SV Weight > 2.5, they are required to operate their SV within 6 months of crossing that Weight
-
- toggle quoted message Show quoted textProof Group is happy to endorse this CIPOn Fri, Jul 11, 2025 at 2:00 PM DrAmandaLMartin via lists.sync.global <amartin=linuxfoundation.org@...> wrote:Hello,
Please find open for discussion: CIP-00XX Add Ledger as an SV of Weight 5Here on GitHub
Full text below.Abstract:
Add Ledger as an SV of Weight 5
About Applicant:
Ledger is the global leader in security and infrastructure solutions for critical digital assets and blockchain applications. Through Ledger Live and Ledger Enterprise, Ledger provides comprehensive self-custody solutions trusted by millions of individuals and enterprises globally, safeguarding assets across the blockchain ecosystem.
Stats:
> 6 million devices sold globally
> $1 trillion in value secured
Ledger Live supports >5 million active users monthly
Deliverables for full SV Reward:
Deliverable
Acceptance Criteria
Deadline
Weight Earned
Ledger Live support for Canton Token Standard
* Ledger Live customers can self-custody any asset on the Canton Network adhering to the Canton Token Standard
+ 180 Days from CIP Approval
0.5
Ledger Enterprise support for Canton Token Standard
* Ledger Enterprise customers can self-custody any asset on the Canton Network adhering to the Canton Token Standard.
+ 180 Days from CIP Approval
0.5
Acceleration Bonus (Ledger Live)
* At least one Ledger Live customer must be live, having completed a transaction on MainNet
* If delivered <=60 Days from SV CIP Approval (Bonus +2)
* If delivered in 180 Days from SV CIP Approval (Bonus +0)* Linear sliding scale between +60 and +180 days
* Example : If Ledger delivers Ledger Live support on Day 120 from SV Approval, Ledger is awarded a Bonus of +1
+ 180 Days from CIP Approval
Max 2
Adoption Bonus
* Driving adoption of Canton with existing Ledger customers across Ledger Live and Ledger Enterprise
+ 180 Days from going live
+ 0.5 per $1.5b of assets transferred up to a maximum of +2
SV Mechanics:
An ‘representative’ SV will be setup by the GSF with an SV Weight at the maximum earnable weight in this CIP
The Applicant is responsible for all costs associated with the operation of the representative SV
The representative SV will NOT mint rewards on a block by block basis
All representative SV rewards will go to the Unclaimed Rewards pool
Applicant is required to present proof of successful completed milestones to the Tokenomics Working Group
Applicant is required to present a calculation for number of Canton Coin it should earn for meeting the requirements of the milestone
If the Tokenomics Working Group agrees the milestone has been met and agrees with the calculation, an announcement will be sent via the Tokenomics-Announce mailing List
⅔ of Super Validator Operators will then assign a portion of the Unclaimed Rewards to be minted by the Applicant’s Validator
⅔ of the Super Validator Operators will update their configurations to allow Applicant to takeover a portion of their SV Weight on a go-forward basis
If any milestones and associated rewards are not achieved by the deadline
Applicant will be notified they have not met a deliverable by the GSF
Remaining SV Weight on the representative SV will be removed from the SV Operator configs
The Tokenomics Working Group will make a recommendation to the SVs on what to do with the Unclaimed Rewards
Applicant is subject to CIP-0045 : SV Operating Requirements
If, at any time, the Applicant has been rewarded SV Weight > 2.5, they are required to operate their SV within 6 months of crossing that Weight
