Mailing Lists/CIP-0088: Add Nuva as SV of Weight 3Source on lists.sync.global ↗

CIP-0088: Add Nuva as SV of Weight 3

cip-discussCIP-00886 messagesstarted 16-09-2025

Also mentions:CIP-0045

#1DrAmandaLMartin16-09-2025source ↗

Please see CIP below open for discussion. Feel free to reach out if you have questions

CIP: TBD

Title: Add Nuva as SV of Weight 3

Author: Eric Saraniecki

Status: Draft

Type: Governance

Created: 2025-09-16

Approved: TBD

License: CC0-1.0

Abstract:

Add Nuva as SV of Weight 3

About Applicant:

NUVA is a next-generation, permissionless vault marketplace offering curated access to tokenized real-world assets (RWAs)
Nuva is built by Animoca Brands - a global Web3 powerhouse headquartered in Hong Kong with a portfolio of 570+ companies, deep institutional relationships, including a JV with Standard Chartered for the HKD stablecoin, together with ProvLabs - a U.S. based Web3 developer driving the next generation of digitally native issuance on Provenance Blockchain with $15B+ TVL
Nuva has curated RWA vaults from top-tier asset managers, where tokenized assets are composable, multi-chain, and support 24/7 mint/redeem for true on-chain liquidity. Tokenized assets will be integrated seamlessly with DeFi protocols enabling liquidity provisioning, leveraged looping & staking, combined with innovative gamified social layer with on-chain credit scores to drive stickiness and engagement
Their strong user acquisition could potentially bring 2,000,000+ wallets from Animoca Brands’ community to Canton Network

Deliverables for full SV Reward:

Deliverable

Deliverables

Acceptance Criteria

Deadline

Weight Earned

Product Go Live

Integrate Nuva with Canton to serve both retail & institutional investors

Integrate Nuva with Canton to allow users to deposit & withdraw stablecoin(s) on Canton Network from the assortment of tokenized RWAs on Nuva to earn yield, with the first available products being:

nuYLDS: the first and only U.S. SEC-registered, yield bearing stablecoin
nuHELOCs: home equity loans drawn from Figure’s $12B+ pool of Home Equity Line of Credit (“HELOCs”)

+ 180 days from CIP Approval

Adoption Bonus

+ 180 days from Product Go Live

0.5 for every $100m TVL on Canton

0.5 for every 10,000 unique PartyIds interacting with the dApp

Max +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

Appendix:

Approved Media Outlets

Coindesk
Decrypt
Cointelegraph
The Block
Metaverse Post
Cryptonews.com
Cryptopolitan
CCN
Blockworks
SCMP
Tech in Asia
e27
Technode

Approved Conferences to Host Events or Side-events at:

TOKEN2049 Dubai
TOKEN2049 Singapore
ETHDenver
Consensus Hong Kong
ETHCC
Korea Blockchain Week
Bitcoin Asia
Taipei Blockchain Week
Web3 Festival
Any further events mutually agreed by both parties in written form

#2Eric Saraniecki25-10-2025source ↗

Hi everyone

Combing through CIPs and trying to clean up the status on a few.

This looks like a well structured CIP that is almost entirely based on outcomes - anyone interested in endorsing? I can sponsor it

Eric

#3Veronica Augustsson25-10-2025source ↗

Thank you Eric

7RIDGE/C7 is happy to endorse.

Veronica

V E R O N I C A A U G U S T S S O N

P A R T N E R

7RIDGE IS A PRIVATE MARKETS ASSET MANAGER INVESTED IN TRANSFORMATIVE TECHNOLOGY FOR FINANCIAL SERVICES TO POWER THE GLOBAL ECONOMY

Signature for V e r o n i c a A u g u s t s s o n

Från: cip-discuss@... <cip-discuss@...> för Eric Saraniecki via lists.sync.global <eric=digitalasset.com@...>
Skickat: Saturday, October 25, 2025 1:29:46 PM
Till: cip-discuss@... <cip-discuss@...>
Ämne: Re: [cip-discuss] CIP-XXXX: Add Nuva as SV of Weight 3

Hi everyone

Combing through CIPs and trying to clean up the status on a few.

This looks like a well structured CIP that is almost entirely based on outcomes - anyone interested in endorsing? I can sponsor it

Eric

#4Andrew Bryan27-10-2025source ↗

Thanks for bumping this CIP and thread, Eric.

The Cumberland team has some questions on this CIP, so we’ll reach out to set up some time to discuss.

Show quoted text

From: cip-discuss@... <cip-discuss@...> On Behalf Of Veronica Augustsson via lists.sync.global
Sent: Saturday, October 25, 2025 6:54 AM
To: cip-discuss@...
Subject: [ext] Re: [cip-discuss] CIP-XXXX: Add Nuva as SV of Weight 3

Thank you Eric 7RIDGE/C7 is happy to endorse. Veronica V E R O N I C A A U G U S T S S O N / P A R T N E R 7RIDGE IS A PRIVATE MARKETS ASSET MANAGER INVESTED IN TRANSFORMATIVE TECHNOLOGY FOR FINANCIAL SERVICES TO POWER THE GLOBAL ECONOMY

Thank you Eric

7RIDGE/C7 is happy to endorse.

Veronica

V E R O N I C A A U G U S T S S O N

P A R T N E R

7RIDGE IS A PRIVATE MARKETS ASSET MANAGER INVESTED IN TRANSFORMATIVE TECHNOLOGY FOR FINANCIAL SERVICES TO POWER THE GLOBAL ECONOMY

Signature for V e r o n i c a A u g u s t s s o n

Hi everyone

Combing through CIPs and trying to clean up the status on a few.

This looks like a well structured CIP that is almost entirely based on outcomes - anyone interested in endorsing? I can sponsor it

Eric

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#5Alex Chen03-11-2025source ↗

Hi Nuva team,

Thanks for submitting this CIP. To ensure the party ID component of the adoption bonus is properly benchmarked to active participants of the network, we would like to suggest changing the language so that 0.5 weight is gained for every 10,000 unique party IDs that maintains a minimum of $1,000 in notional $USD holdings over a continuous, uninterrupted 30-day period at any point in the 180-day post-Product Go Live deadline (subject to the relevant adoption bonus weight cap).

This way, we can ensure the adoption bonus is tied to active / committed participants. Let us know if you have any questions.

Kind regards,

Alex

Cumberland
#6Eric Saraniecki04-11-2025source ↗

thanks Alex - makes sense to me although might be more appropriate to do $100/user

on a related note - Figure may want to add themselves into this CIP and make it more interesting - live conversations going on there so everyone should feel free to comment on the modification that Cumberland is suggesting but I suspect I'll have some larger modifications to make before sending to vote

thanks

On Mon, Nov 3, 2025 at 12:47 PM alechen via lists.sync.global <alechen=cumberland.io@...> wrote:
Hi Nuva team,

Thanks for submitting this CIP. To ensure the party ID component of the adoption bonus is properly benchmarked to active participants of the network, we would like to suggest changing the language so that 0.5 weight is gained for every 10,000 unique party IDs that maintains a minimum of $1,000 in notional $USD holdings over a continuous, uninterrupted 30-day period at any point in the 180-day post-Product Go Live deadline (subject to the relevant adoption bonus weight cap).

This way, we can ensure the adoption bonus is tied to active / committed participants. Let us know if you have any questions.

Kind regards,

Alex

Cumberland

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