Exodus Super Validator Application: Canton for Cards, Cross-Chain Swaps and Self-Custody
Exodus Super Validator Proposal
Applicant: Exodus Movement, Inc. (NYSE: EXOD) is a publicly traded U.S. fintech company founded in 2015, specializing in self-custodial cryptocurrency wallets, regulated payments, and digital asset management. Through its subsidiary Monavate, a card issuer and principal member of Visa, Mastercard, and Discover, Exodus powers card programs for fintechs, online travel agencies and Web3 wallets, including OKX, Kraken, Ledger and MetaMask. Monavate has processed $13.5 billion in volume. Exodus’s cross-chain swap product, XO Swap, has processed more than $10 billion in cross-chain swaps.
Ask: Super Validator weight of 10, escrowed, released on three milestones.
From: Pascal Kurzawa · 2nd November 2026
Motivation
Exodus brings Canton to the places where users already hold, swap and spend digital assets. Monavate-issued card programs reach fintechs, online travel agencies and Web3 wallets. XO Swap connects more than 40 wallets to cross-chain liquidity, and the Exodus wallet reaches 1.6 million monthly active users. Extending Canton across card spend, cross-chain swaps and a self-custodial wallet moves Canton assets beyond issuance and custody into everyday payments and settlement, and strengthens Canton’s position as financial infrastructure.
This framework incentivizes production usage rather than symbolic presence. The full weight sits in escrow and is released only against delivered product, and against measurable volume where a milestone sets one. Marketing weight follows the product. The requested weight compensates Exodus for the cost of building and committing to all three milestones, and aligns Super Validator weight with real ecosystem usage.
The structure emphasizes:
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Cantonaut, a Canton-native prepaid card issued with Monavate, live in production and spending Canton assets
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Canton integration on XO Swap, with measurable cross-chain swap volume
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Native swap, deposit and receive in the Exodus wallet, with measurable in-wallet transfer volume
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Card settlement infrastructure running natively on Canton Network, so that wallets and fintechs can launch card programs that settle in real time
The requested Super Validator weight is 10, in line with the highest recent Super Validator approvals.and it is meant to be negotiated.
Each milestone is a product deliverable plus a marketing deliverable. Marketing weight releases only together with or after the product. An announcement on its own earns nothing.
Product
KPI
Marketing
Weight
Deadline
1
Cantonaut live: Exodus-powered prepaid card, Canton-native, in Google Wallet, issued with Monavate
First Canton-native card issued and live in production, accepting assets on Canton as the spend asset
Joint press release and launch across Cantonaut and other partner programs, once the card is live
2.5 + 0.5 = 3
6 months
2
Canton integration and settlement on XO Swap, owned by Exodus.
$10,000,000 settled on Canton through XO Swap
Public launch of Canton on XO Swap
2.5 + 0.5 = 3
6 months
3
Native Canton swap, deposit, and receive on Exodus wallet (desktop, mobile, browser extension). Additionally, Exodus card settlement infrastructure live natively on Canton, so Exodus / Monavate powered card programs settle in real time on Canton
$15,000,000 of in-wallet Canton asset transfers on Exodus, and the first self-custodial card on Canton settling in real time on Canton Network
Launch across the Exodus ecosystem
3 + 1 = 4
12 months
10
Deadlines run from CIP approval. All milestones can run in parallel.
MS1. Cantonaut
Cantonaut (working name) is an Exodus-powered prepaid spend card. It enables the spend of Canton based assets and can be connected to Google Pay / Apple Pay, so users can spend prior to fully integrating Canton into Exodus. Issuance is with Monavate, under the existing issuing agreement. Virtual at launch, with metal and plastic later, and issuance globally.
The 2.5 releases when the card is live in production: the first Canton-native card is issued and accepts assets on Canton as the spend asset. The 0.5 releases with it, once Exodus and Cantonaut publish a joint press release and launch the card across Cantonaut and other partner programs. Neither releases if the card is not live.
MS2. XO Swap
XO Swap is Exodus’s swap product. It is already live on more than 40 wallets, including Ledger. This milestone adds Canton integration and settlement. It does not require new development inside the Exodus wallet.
The 2.5 releases when Canton settlement is live on XO Swap and cumulative cross chain swap volume from/to Canton through XO Swap reaches $10,000,000. That volume floor is proposed for this CIP. The 0.5 is the public launch of Canton on XO Swap.
MS3. Canton Native on Exodus wallet
Canton swap, deposit, and receive launched on Exodus wallet for desktop, mobile, and browser extension. This is the heavy build, with the longest deadline.
The 3 releases when those three actions are live for production users, in-wallet transfers of Canton assets reach $15,000,000, and Exodus card settlement infrastructure is live natively on Canton Network, with the first self-custodial card settling in real time. This lets wallets and fintechs launch card programs that settle in real time on Canton. That transfer floor is proposed for this CIP. The 1 is the ecosystem launch across those surfaces. It releases with the product, not before it.
How weight is released
The full 10 sits in escrow. It does not mint block by block. Exodus submits proof and a calculation to Tokenomics; two-thirds of Super Validators assign the weight for that milestone. Weight missed by the deadline is dropped.
Releasing milestone 1 puts Exodus above 2.5.
XO Swap volume and in-wallet transfer volume are proposed here so the milestones are measurable.
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