Thank you Yiannis!
7RIDGE/C7 is happy to sponsor.
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@...> på uppdrag av Eric Saraniecki via lists.sync.global <eric=digitalasset.com@...>
Skickat: måndag, mars 23, 2026 14:49
Till: cip-discuss@... <cip-discuss@...>
Ämne: Re: [cip-discuss] CIP-TBD: Add Apollo as max weight 7 SV
thanks Yiannis for working with Apollo on this - DA would like to endorse
On Fri, Mar 20, 2026 at 1:23 PM Amanda Martin via lists.sync.global <amanda=canton.foundation@...> wrote:
Please see CIP below open for discussion. Feel free to reach out if you have questions
Number: TBA
Layer: Governance
Title: Add Apollo as max weight 7 SV
Author(s): Yiannis Varelas
Type: Governance
Status: Draft
Created: 2026-03-19
License: CC0-1.0
1. Summary
This CIP proposes granting Apollo participation as a Super Validator (SV) with a maximum Weight of 7. Given Apollo’s scale and strategic role in alternative asset markets, their
participation is expected to significantly advance the adoption of tokenized real-world assets and financing use cases on the Canton Network.
This CIP establishes a performance-based, milestone-driven program through which Apollo can earn SV Weight (up to 7) by delivering initiatives that unlock alternative markets,
enable new collateral types, and drive institutional participation on Canton.
Unlike other CIPs, this program contains confidential commitments to the ecosystem. Those commitments and milestones have been agreed with the Tokenomics and Accountability Committees and will be made available to the public when appropriate and as needed.
-
Total Earnable Weight: 7 (max)
-
Accrual Destination: Escrow, consistent with existing SV escrow mechanics.
-
Confidentiality: The Accountability Committee will review the milestones and inform SVs if they have been met.
2. Motivation
Apollo Global Management is one of the largest alternative asset managers globally, with approximately $938 billion in assets under management as of December 31, 2025. Apollo
operates across credit, private equity, and real assets, and has increasingly focused on integrating digital asset infrastructure into its investment and financing strategies.
Bringing Apollo onto Canton represents another step toward institutionalizing tokenized private markets. Apollo’s participation is expected to enable the tokenization of fund
products, expand their utility as collateral, and support the development of financing applications that bridge traditional capital markets with on-chain infrastructure.
By introducing high-quality alternative assets into the Canton ecosystem, Apollo could help catalyze new lending, trading, and collateral use cases. This, in turn, would strengthen
the network’s overall value proposition for institutional participants.
3. Deliverables & Milestones
The specific deliverables and milestones for Apollo have been agreed privately with the Canton Foundation’s Tokenomics and Accountability Committees.
-
Milestone Review Process:
The Accountability Committee will confirm whether Apollo has successfully met each milestone.
-
Reward Mechanism:
Upon confirmation, rewards associated with milestones will be released from escrow.
-
Confidentiality:
Apollo’s specific commitments, timelines, and commercial details will remain confidential until the Foundation and Apollo determine it is appropriate to disclose them.
4. SV Mechanics
-
An extraBeneficiary PartyID associated with the ‘escrowed’ Super Validator will be setup by the Foundation, or another SV node operator approved to provide SV rewards escrow services, with an SV Weight at the maximum earnable
weight.
-
The Applicant is responsible for coordinating the process of setting up the escrowed weights with the GSF and the operator of the SV node.
-
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 Foundation
-
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
This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential
and/or proprietary and subject to important terms and conditions available at
http://www.digitalasset.com/emaildisclaimer.html.
If you are not the intended recipient, please delete this message.
