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Proposals/canton-foundation/canton-dev-fund/#797GitHub ↗
#797Ready for Vote Pull Request1.3M CC requested

Rust SDK #407 Volatility re-evaluation for Milestones 3 and 4

dmitryk-cf16-09-2026Last activity 15d ago
canton-apisneeds-champion
References:CIP-0100

Amendment to approved proposal #407 (Rust SDK): from Milestone 3 onward, each tranche's CC amount is scaled at payment time by the ratio of the 30-day average CC price at submission (0.15460 USD) to the 30-day average at payment, in both directions.

Development Fund Proposal Submission

Proposal file:
proposals/2026-06-Nodejumper-rust-sdk.md

Applicant

Organization:
NODEJUMPER

Author / Primary Contact:
NODEJUMPER

Champion:
Srikanth, BitDynamics (@srikanth-bitdynamics)

Proposal Classification

Proposal Type:

  • RFP-aligned proposal
  • Individual initiative

RFP / Roadmap Area:
N/A. This PR amends an approved proposal: Rust SDK for Canton Network, #407, approved 8 July 2026.

Label:
canton-apis

Funding & Timeline

Total Funding Request:
1,300,000 CC (unchanged)

Project Duration:
12 months (unchanged)

Maximum Amount:
N/A

Maximum Duration:
N/A

Summary

Amendment to approved proposal #407. It carries out the re-evaluation provided for in the proposal Volatility Stipulation and CIP-0100: from Milestone 3 onward, each tranche is scaled at payment by the ratio of the 30-day average CC/USD price at submission to the 30-day average at payment, in both directions. No amounts change now and the total stays 1,300,000 CC.

Reference:

  • 30-day average CC/USD to 2026-06-02 (submission): 0.15460 USD
  • Payment price: 30-day average CC/USD to the day before each tranche is paid
  • Factor: 0.15460 ÷ payment price, applied to the approved CC amount of Milestone 3 and each Milestone 4 tranche

Submission Checklist

  • Full proposal file is included in this PR
  • Organization and primary contact identified
  • Champion identified or Needs Champion selected
  • RFP / roadmap alignment identified, if applicable
  • Total funding request provided
  • Project duration provided
  • Proposal is within any RFP maximum amount
  • Proposal is within any RFP maximum duration
  • Milestones and milestone funding are defined in the proposal
  • Acceptance criteria are based on ecosystem value
  • Architectural alignment is addressed
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