Proposal: Add deferred token standard proposal and specifications

Introduce Defero, a token standard for scheduled and deferred token transactions on Canton, including execution infrastructure and detailed specifications.

Development Fund Proposal Submission

Proposal file

/proposals/2026-08-digiapp_defero_deferred_token_standard.md

Summary

Defero adds Canton's missing "deferred transactions" primitive: a backward-compatible extension to the Canton Network Token Standard that lets any token transfer be scheduled now and executed automatically later — at a future time or when a condition is met (vesting, payroll, coupons, escrow, delivery-versus-payment) — together with the interoperable execution-node network that reliably runs it. It replaces the bespoke schedulers every issuer, wallet, and settlement app rebuilds today with one shared, open-source standard and one execution network, managed entirely from the Daml contracts or a node API.

Checklist

• [x] Proposal document added under /proposals/
• [x] Milestones and funding clearly defined (4 milestones, 14 weeks, 800,000 CC)
• [x] Measurable acceptance criteria included
• [x] Work connects to ecosystem goals (Token/Asset Standards)

Notes for Reviewers

• Positioned as an extension to the Canton Network Token Standard, not a competing

token standard — reserved funding reuses the Allocation API; nothing requires issuers to mint a special token.

• Two workstreams: (A) the on-ledger standard, (B) the off-ledger execution infrastructure.
• Correctness is enforced on-ledger (timing/conditions in the Execute choice), so the

off-ledger scheduler can never force an invalid settlement.

• Champion: still to be confirmed — we're actively seeking one and welcome introductions from Committee members.