Programmable Collateral and Term Funding on Canton — Looking for Pilot Partners
Hi Canton community,
We're Dork Labs. We submitted Development Fund proposal PR #85 and wanted to introduce the approach directly to the community.
We’re building a term funding / repo-style credit workflow on Canton Network. Our focus is on bilateral agreements between known counterparties with programmable collateral control and deterministic settlement in DAML.
The reason is straightforward:
Even among sophisticated desks, these flows are still coordinated manually; collateral movement, term tracking, and settlement all rely on off-platform processes. That introduces operational overhead and unnecessary counterparty risk.
Canton gives us a way to define these agreements directly in code:
Collateral is locked and governed at the contract level
Terms are enforced throughout the lifecycle
State remains private between counterparties
Settlement is deterministic at maturity or unwind
We’re not building pooled liquidity or a generalized lending market. This is a targeted implementation of a workflow that already exists, with the goal of making it programmable and enforceable.
We’re currently looking to work with a small number of teams who actively manage collateral and would be willing to run this in a controlled pilot environment.
If you're actively managing collateral and open to exploring what a controlled pilot looks like, we'd like to talk.
PR #85: https://github.com/canton-foundation/canton-dev-fund/pull/85
-Michael Pappalardo
Dork Labs, Co-Founder
michael@...